A 3 Horizons plan is a tool used for strategic planning to align views of the future and inspire big thinking within a company.
The 3 Horizons consist of H1 to protect and grow, H2 for opportunities to capture, and H3 to create the future. Each section focuses on different aspects of company development.
3 Horizons are not time-bound and should be reviewed annually to update them as the company's vision evolves. Success is measured by whether the plan is actively used in decision-making.
Thursday was significant for Ukrainian command with the announcement of a new leader, General Oleksandr Syrskyi, after General Zaluzhny was relieved, highlighting a bold move by Zelensky.
The emphasis on the importance of commanders not being turned into celebrities, as success in warfare is a team effort and not solely dependent on individual brilliance.
Zelensky has started outlining potential strategies for Ukraine's war efforts, including the creation of a new branch for Unmanned Systems Forces and plans to attack Russian assets.
The political situation in Washington remains uncertain, but there is a slight optimism for more aid to Ukraine if certain factors align in Congress.
Amazon is facing competition from companies like Temu, pushing them to innovate strategy like introducing a second BuyBox.
The BuyBox tool simplifies shopping by highlighting one listing, and its introduction boosts marketplace orders, lowers entry barriers for sellers, and can lead to lower prices and higher quality for consumers.
Self-preferencing of Amazon's products in search results may have mixed effects, impacting competition, innovation, consumer choice, and marketplace dynamics.
The West may not be prepared for the potential outcomes of the conflict in Ukraine, and the ideological and strategic differences may lead to significant consequences.
It is important to understand the distinction between tactical, operational, and strategic levels of warfare and how they can impact the overall outcome of conflicts.
Russian military capabilities and strategies are showcasing superiority in various aspects over Western equipment and approaches, leading to a potential shift in global perceptions and defense strategies.
Different approaches to how work happens in organizations significantly impact prioritization and work value.
Gap Thinking can lead to organizations focusing on lists of tasks, while Present Thinking involves constant assessment of current conditions for improvement.
Assess organizations based on how they balance present and future thinking and adapt through feedback loops.
Equal Ventures focuses on verticalizing staff, with team members specializing in specific sectors like retail, climate, and insurance, allowing for deeper expertise in those areas.
Transitioning planning efforts from a top-down approach to being led by Product Owners like Chelsea, Simran, and Adam enables more personalized strategies for dominating each vertical at the seed stage.
Empowering employees to take the lead in shaping the firm's direction not only tailors approaches to specific markets but also fosters individual growth opportunities that benefit both the team and the firm.
Win-win solutions may not always serve the greater good because they could lead to suboptimal results for all parties involved.
Optimization comes from maximizing 'winning' for all parties over time, not just at a single point in time. Wise compromises consider consequences in the long run.
Teams facing conflict in prioritization may benefit from zooming out and strategically considering trade-offs holistically to resolve conflicts.