Execute flawlessly
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This document provides guidance on how to execute plans flawlessly. It discusses identifying your value proposition by determining your innate talents. It emphasizes the importance of planning, executing, reflecting on results, and adjusting plans based on lessons learned. Challenges to success like lack of confidence and funding are also addressed. Maintaining focus through self-improvement, agility, and consistency is key to achieving goals. The overall message is that excellence comes from developing habits of continuous learning, reflection, and improvement over time.
Execute flawlessly
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- 2. LEARNING PURPOSE Deliver Professional Knowledge - Data School - Product School Supporting Businesses Leveraging Innovation & Technology in solving poverty and its symptoms in Africa PURPOSE ACCELERATING & COMMERCIALIZING INNOVATION RESEARCH & SUSTAINABILITY Drive social-impact products addressing SDGs ACCELERATION Commercialize & scale high-impact businesses Accelerate idea-to- commercialization curve Support initiatives that enable govt deliver services to citizens DIGITAL PRODUCT INCUBATION CIVIC TECH info@ekoinnovationhub.com
- 3. TECHBIZ NATION CORE VALUES ▪ CONNECT to conquer ▪ COLLABORATE for growth ▪ BUILD to last HOW ▪ Big thinking I Openness I Fun I Communication I Respect. THE PLATFORM It is an enclosed Telegram Community. ▪ www.ekoicentre.com/techbiznation ▪ Click on ‘Become a member’ ▪ Complete the form ▪ MEMBERSHIP IS OPEN. A community designed to support and fuel the growth of startups & techpreneurs The platform is an engagement platform where developmental updates will be shared and discussed for the purpose of communal growth. THE PURPOSE WHAT IT IS MEMBERSHIP JOURNEY
- 4. ➢ How to get your entire organization aligned on your plans. ➢ How to cultivate the discipline to implement successfully. ➢ How to consistently overcome obstacles on your way to execution. ➢ How to build a consistent framework for flawless Implementation that works.
- 5. Execute Flawlessly FUNKE BANIGO 15TH OCTOBER 2020 EKO INNOVATION CENTRE TECHBIZ E-LEARNING SERIES
- 6. Agenda Introduction Your Value Proposition How to Execute Flawlessly Challenges to Success Maintaining Focus Takeaway
- 7. “"Ignore the hype of the startups that you see in the press. Mostly, it’s a pack of lies. Half of these startups will be dead in a year. So, focus on building your business so you can be the one left standing." JULES PIERI Co-founder and CEO of The Grommet
- 8. Introduction Execute /ˈɛksɪkjuːt/ verb to carry out fully: put (a plan, order, or course of action) into effect. Flawlessly /ˈflɔːləsli/ adverb in a manner free from imperfections or defects; perfectly. EXECUTE FLAWLESSLY - TO CARRY OUT A PLAN PERFECTLY.
- 9. Execute Flawlessly Perfection is not possible and rather than striving to get everything just right, you should strive to excel in your own way. You can begin by chasing personal greatness, the kind of excellence that celebrates your progress. • The endless pursuit of perfection and the achievement of our goals and objectives • An aversion for failure and a perception of failure as a tool for learning • The desire for success that propels us to always give our best performance • Understand that success is a journey and not a destination
- 10. “Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.” UNKNOWN
- 11. Your Value Proposition At this point in your journey of success, you may ask yourself this question, “What is my genius?”. Answering this question will help you to identify your value proposition. Also consider the following: • Identify your innate talent or acquire new skills and attain mastery • Be honest and realistic in your self-assessment • Set the tone for your own success • Be methodical and deliberate about achieving success
- 12. Dare to Dream There is no such thing as a stupid idea! • Be audacious • Take ownership of your future • Set the tone for your own success • Do something! • Create alliances and build trust
- 13. “The heights that great men reached and kept, were not attained in a sudden flight, but they while their companions slept, kept toiling upwards in the night.” UNKNOWN
- 14. How to Execute Flawlessly Once you identify your genius, you will formulate a plan of action, then consider the consequences of your actions and review progress. This will help to identify what's working, so that the plan is continually refined, and behavior will be adjusted as required. • Plan • Execute • Reflect • Adjust
- 15. Plan Plan - Identify and analyze the opportunity or problem, then set short, medium, and long term goals and objectives. • Iterate your goals and objectives • Assess your environment through impact analysis, SWOT, PESTLE, etc. • Learn from history and develop mentoring relationships • Create a roadmap for execution • Have a fallback plan
- 16. Execute Execute – Implement your roadmap to test the plan and measure the results • Run small-scale pilot or do a trial-run, to determine viability and test the plan • Set standards to guide execution and serve as a benchmark for unexpected events or adversity. • Build capacity and knowledge in alignment with the objective • Develop business networks and cultivate relationships
- 17. Reflect Reflect – Study and assess the result, and decide where adjustments need to be made • Analyze your results or experience against the expectations defined in the plan • Identify lessons learned, what worked or not and the reasons for failure or success • Decide on the changes and adjustments to be made
- 18. Adjust Adjust – Do not settle for a less than satisfactory result. • Tweak your blueprint and make adjustments from lessons learned as required • Continuously assess yourself and identify what needs to change, then make the change as appropriate. Reflection is central to success and facilitates continuous improvement and learning. You must consistently fine tune your plan as you mature and your expectations change.
- 19. “Don’t get distracted. Never tell yourself that you need to be the biggest brand in the whole world. Start by working on what you need at the present moment and then what you need to do tomorrow. So, set yourself manageable targets.” -JAS BAGNIEWSKI Co-Founder of Eve Sleep
- 20. Challenges to Success • Lack of Confidence, Fear and Doubt • Rigidity and Intransigence • Poor Planning • Lack of Funding • Mentorship and Support • Inconsistency • Access to Networks
- 21. Maintaining Focus • Stay Grounded – Maintain mental & physical wellbeing, Positive affirmation/Meditation/Prayer • Work Ethic - Work smart, be frugal with time and attention, don’t procrastinate, be accountable • Reflect - Reflect, Review, and Recalibrate Constantly • Nurture - Invest in your idea/product/service/career, don't rush to acquire trappings of success • Get Lucky – Remain curious, be agile and responsive, prepare for opportunities,
- 22. Takeaway • Be a lifelong learner and continuously improve yourself • Be flexible, agile and responsive to the environment • Pace yourself. Success will come with time • Avoid distractions leading to frustration and loss of focus • Take responsibility and be accountable to yourself • Be consistent • Don’t be a lone wolf
- 23. “We are what we repeatedly do. Excellence, then, is not an act, but a habit. ARISTOTLE