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Business Lessons from a Fighter Pilot By Jim Murphy Businesspeople and pilots alike know that all successful missions begin with a carefully thought out plan. I can't take off until I know where I'm going, what the weather will be, what my target is, how many are on my team, what each of us will be doing, etc. The same notion applies to business--good planning allows you to determine how you might influence events before they occur rather than reacting to events as they occur. Following is an explanation of the process that we fighter pilots use to make certain our plans are viable. At my company, Afterburner, we call it the “Six Steps to Mission Planning.” I think you’ll see how the plan can be applied successfully to any business situation as well. Step #1: Determine the Mission Objective
Step #2: Identify the Threats What could undermine your next sales call? Do you know who your counterpart is? What is his motivation? What deal has he offered your customer? How does the company stack up against yours? What new product feature can he offer that is better than yours? What terms can he offer? Shipping policies? Think about anything that could help him beat you out of the sale. We call these factors external threats to your mission's success. How can you overcome these threats? Go to association meetings. Go to Rotary club functions and meet-and-greets. Dig through your counterpart's website and product catalogs. Talk to your vendors. If your competition is a public company, listen in on their conference calls with analysts. Get the low down; find out what tricks they may have up their sleeves. Next we look for internal threats. How's the communication inside your company? How knowledgeable is that engineer coming with you on the sales call? Can you count on your travel department (or agent) to get you there on time? Does finance stay competitive with terms? An untrained teammate or a communication breakdown can threaten success just as much as any external factor. Finally, prioritize the threats you've identified to determine which ones could do you the most damage. Step #3: Identify Your Available Resources Don't forget assets outside your immediate circle of influence. Do you know someone who knows the buyer? Have you met the owner of the restaurant who might give you a better table when you're entertaining a client? Look at everything and everyone as a potential asset and think about how they might help. Step #4: Lessons Learned Step #5: Develop Courses of Action/Tactics Step #6: Plan for Contingencies Planning for contingencies must be detailed. Start by breaking down your mission into its smallest components, and then rank those components on the basis of their importance. What's going to stop you dead in the water? What one component is the must-have for the show to go on? Then work out what your solutions will be. Keep pealing back the layers until you haven't anywhere else to go. Once you have a back-up for every item on the must-have list, you're ready to execute your mission. Use these six steps in your planning process and every mission in your business can be a successful one. Happy flying! Author Bio: Jim "Murph" Murphy is founder and chairman of Afterburner Inc., an international leadership development and management training company that teaches top executives how to use fighter pilot strategies in business. He is the author of Flawless Execution and Business Is Combat. For more information, visit www.AfterburnerSeminars.com. To learn more, consider these AMA seminars:
AMA On-site: Every one of AMA’s 170+ public seminars can be delivered on-site. This flexible, money-saving option allows you to train ten or more people, when and where you choose, at a low cost per participant. Click here for more information. |
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