TPOVs @F-L-O-W

Exit Strategy

 

Play through the game.

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.

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.  

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