Without effective discipline around decision making we can end up making decisions we later might call dumb. To avoid this one of the tools we use is the sandbox. Where we play.
Our sandbox is where we have proven that we can win and earn the right to be a viable option for our customers. And the principle helps us to keep sand in the box.
What we sell, Who we sell it to and where we sell it.
Like any principle creates focus and guardrails for our thinking and decisions.
When going outside of these guardrails, we need to do it with extreme caution and this takes a lot of humility at times - especially when a business is doing really well.
-----
* Do you love The Growth Whisperers and want to see our smiling faces? Subscribe to our YouTube channel.
* Do you enjoy our content? Rate our show!
* Is Twitter your thing? Follow @Evolution_Perth and @lawrenceandco1 to learn more about building enduring great companies.
*Like LinkedIn? Follow https://www.linkedin.com/in/bradleygiles/ and https://www.linkedin.com/in/coachkevinlawrence/
---------
Links:
*https://evolutionpartners.com.au/
Newsletters
*https://evolutionpartners.com.au/articles
*https://lawrenceandco.com/business-resources
-----
Related episodes
#19 Mental health in business leadership during COVID19
#79 Eliminate your emotionally taxing issues - lick your toads
-----
Additional episodes you might enjoy:
#84 The 7 common strategy mistakes from Michael Porter
#130 Jim Collins: Level 5 leaders
#104 The habits successful leaders use to prepare each week
#50 Jim Collins Flywheel Concept: How to build unstoppable momentum in your company
#96 The three main barriers to consistent growth
#90 Meeting Rhythm - The Annual Strategic Thinking meeting
#110 Five most common questions we get about Scaling Up
#89 The 4 different types of A players