The Flywheel Strategy for My Goals
This week in Tech for Leading and Learning we looked at the flywheel technology leadership strategy. The flywheel technology leadership strategy is a good way to ensure success in doing your one thing. Your one thing can be a short-term goal, mid-term goal, or even a long-term goal. I chose my One-Thing, UX Design because I enjoy using computers and I want to help people navigate technology better. Constantly referring to the flywheel you create for your one-thing can help make sure that you are on the right track to achieving your goal. In this blog, I will further explain the contents of the flywheel technology leadership strategy, and relate it to my short-term, mid-term, and long-term goals.
The Flywheel Technology Leadership Strategy is used by many companies, as it turns wishful goals into realized ones. It will allow you to identify what you wish to occur within your business and for your business and turn it into a reality. One of the stages in the Flywheel Strategy, which is in the buildup phase of the strategy, is leadership. This means identifying disciplined people or simply identifying people that best fit the criteria for helping you meet your goal. Think of your goal as a bus on a long journey. You’d want the best people on this bus and not want people who will disturb the driver and possibly cause an accident. Another stage in this strategy, which begins the breakthrough phase, is confronting the brutal facts and having discipline thoughts. This is essentially staying in touch with reality. A tool we used in this stage is the hedgehog concept that hedgehogs are better than foxes at achieving their goals because they focus on one way to get to the goal whereas a fox has multiple ways to get to their goals. Hedgehogs focus on what is important and don’t worry about anything else. The third phase of the Flywheel Technology Leadership Strategy, which goes into the final stages of breakthrough, is disciplined actions. This stage involves ensuring you take the actions necessary to ensure your goal becomes realized, which includes ignoring any opportunities that don’t fall within any of the two other stages of the Flywheel Strategy. This means ignoring people that don’t fit on your bus because they don’t offer any value in getting to your destination and ignoring anything that doesn’t fit in your hedgehog concept.
This week we related the information we learned on the Flywheel Technology Leadership Strategy to short-term, mid-term, and long-term goals. The short-term goal I identified was exercising more often. To relate this to the Flywheel Strategy, identifying disciplined people would be me finding people who are like-minded and also wish to go to the gym more often. These people would help motivate me to go to the gym often. Relating this short-term goal to disciplined thoughts would be me knowing my limits once I am at the gym and not trying to lift more than I can or trying to run further than I can. And lastly, relating this goal to disciplined actions would be me remembering that the people I surround myself with should be wanting me to go to the gym or even go with me, and ensuring that I stay focused on what I can do and not over exaggerating my strength.
The mid-term goal I identified for myself was graduating on time from USF. To do this I would need disciplined people around me or people who are studious and obtain good grades. I would also need to understand that my goal is attainable however I should not get too ahead of myself. And I would need to ensure I follow the strategies just listed to attain this goal. Lastly, the long-term goal I identified was obtaining a career in UX Design. To do this I would need to surround myself with people who also love computers and designing websites and software so that they can push me to be my best. I would also need to ensure that I focus on one way to get my goal and stay focused on my goal rather than taking multiple approaches to reach my goal. To take disciplined actions toward this goal, I would need to stay focused and always come back to my Flywheel for the goal. If I constantly come back to my Flywheel, I will always remember what my goal is and won't be sidetracked.
As you can see, the Flywheel Technology Leadership Strategy can be used to realize goals and set simple attainable plans to reach your goals. A simple strategy such as ensuring you have disciplined people around you, keeping disciplined thoughts, and taking disciplined actions will help you realize short-term, mid-term, and long-term goals in your life, no matter the importance.
(Flywheel Model(Wick, n.d.))
Works Cited
Businessman breaking wall vector image on VectorStock. (n.d.). VectorStock. Retrieved October 16, 2022, from https://www.vectorstock.com/royalty-free-vector/businessman-breaking-wall-vector-29219802
Schroeder, J. (n.d.). How to Save for Short-, Medium- and Long-Term Financial Goals. Retrieved October 16, 2022, from https://blog.acadviser.com/how-to-save-for-short-medium-and-long-term-financial-goals
Wick, D. A. (n.d.). Why Identify Your Flywheel? Retrieved October 16, 2022, from https://strategicdiscipline.positioningsystems.com/blog-0/why-identify-your-flywheel
Hi, Armari! You did a great job describing the concepts of the Flywheel Model; you explained everything we discussed in this week's module in such an organized and well-developed manner. I especially liked the bus analogy you used to explain the build-up, breakthrough, and fly stages of the Flywheel Technology Leadership Strategy. Thank you for sharing!
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