Harvard Business Review 2023, by Rainer Strack - Senior Partner Emeritus at BCG.

WHY USE THIS FRAMEWORK

<aside> <img src="/icons/verified_gray.svg" alt="/icons/verified_gray.svg" width="40px" /> In corporate strategy projects, executive leadership teams work through a series of questions to determine how their businesses can succeed. Individuals can use a similar process to figure out how to live a meaningful life. It starts with defining what makes a great life for you and then outlining your purpose and vision.

Follow the steps below to start building a meaningful life of yours

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WATCH INSTRUCTION VIDEO ↓

https://www.youtube.com/watch?v=dbiNhAZlXZk

Video Summary (Timestamp)

“Luck is preparation meets opportunities” - Philip Seymour Hoffman


Adapt strategic thinking from boardrooms to personal life!

<aside> <img src="/icons/science_gray.svg" alt="/icons/science_gray.svg" width="40px" /> The striking symmetry between corporate and life strategy

Corporate Strategy Life Strategy
1. How does the organization define success? 1. How do I define a great life?
2. What is your purpose? 2. What is my life purpose?
3. What is your vision? 3. What is my life vision?
4. How do we assess our business portfolio 4. How do I assess my life portfolio
5. What can we learn from the benchmark? 5. What can I learn from benchmarks?
6. What portfolio choices can we make? 6. What portfolio choices can I make?
7. How can we ensure successful, sustained change? 7. How can I ensure successful, sustained life change?
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<aside> <img src="/icons/verified_green.svg" alt="/icons/verified_green.svg" width="40px" /> We can use a similar process to figure out how to live a meaningful life. It starts with defining what makes a great life for you and then outlining your purpose and vision.

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Step 1: Define A Great Life

Focus on PERMA-V for a fulfilling life

<aside> <img src="/icons/heart_red.svg" alt="/icons/heart_red.svg" width="40px" /> P - Positive Emotion

E - Engagement

R - Relationships

M - Meaning

A - Achievement

V - Vitality

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Identify 16 strategic life units (SLUs) and assess their importance and satisfaction

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Step 2: Assess My Life Portfolio

<aside> <img src="/icons/compose_gray.svg" alt="/icons/compose_gray.svg" width="40px" /> 1. Divide the average week among the 16 strategic life units

2. Rate the importance of each SLU (from 0 to 10)

3. Rate the level of satisfaction with each SLU (from 0 to 10)

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Screenshot 2024-07-24 at 13.45.36.png


Step 3: Portfolio Choices To Make