LeadU presents Exit Strategy



Exit Strategy

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The importance of exit strategy is accelerating rapidly in an environment where the half-life of good ideas is shrinking rapidly.

I want to make this simple and easy to understand, because it’s so critical to FLOW, and to the rising complexity we are facing everywhere.

YOU MUST IMHO, have an exit strategy for everything.  You must put this exit strategy on the table with the ideas, the plans, budgets, and everything else that is required in today’s decision making.

When we look at the difference between the "S" quadrant and the "B" quadrant, exit strategy exists on the B side.  Of course I’m speaking about the CashFlow quadrant popularized by Kiyosaki.  It is certainly a TPOV for FLOW. Cash Flow Quadrant

An exit strategy means that you have entered into the EES realm where we know when to move on, get out, stop, or sell, buy, or merge, and there are critical decision points where those rules apply.

Helpful Hint: An exit strategy is just that… a strategic and tactical set of actions that "get you out" of something, and it’s always best to do this upfront, rather than waiting until things are going poorly.  If things begin to downgrade, you’ll lose leverage fast, and the window of opportunity on scenarios that are sustainable begin to deteriorate rapidly.

Action Step: Add an exit strategy discussion to your next decision-making discussion.  Try it with your kids, spouse, or at work.  You will see a different quality of discussion emerge.

If you have any comments, questions, suggestions, or need some additional help, please use the form below to submit them.  Someone will get back to you within 48 hours.  Or if you prefer, at the bottom of this page leave your comment and someone will get back to you.

    We hope you pick up valuable insights, ideas, and tools during this process, which you can use for your own development as well as your work and leadership with others.

    You, Me, and We @F-L-O-W

    Mike R. Jay is a developmentalist utilizing consulting, coaching, mentoring and advising as methods to offer developmental scaffolding for aspiring leaders who are interested in being, doing, having, becoming, and contributing… to helping people have lives.

    Mike R. Jay
    Leadership University

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