Life Strategy Benchmarking
To plan and execute corporate strategy, executives work through a series of questions to determine how their businesses can succeed. You can use a similar process to figure out how to live a meaningful life. We've created this seven-week series to show you how. You can start here.
Congratulations! You’re more than halfway through your Strategize Your Life project. This week allows you to take a break from introspection, because we’re going to consider: What can you learn from best practices and benchmarks?
Corporate strategy-makers conduct benchmark analysis to better understand how leading companies do business and to consider ways to emulate those approaches. Individuals can do the same by looking at role models and then, more important, at the research on life satisfaction.
Ask yourself: Who conducts their personal and professional life in a way I admire? What makes them worthy and successful, and what choices would they make if they were in my shoes? Now consider what scientific studies across large populations tell us. For example, the German Socio-Economic Panel survey — which covered almost 100,000 people from 1984 to 2019, gathering more than 700,000 completed responses — found that significant others, children, friends, sports, spirituality, community involvement, salaries, savings, and nutrition all contribute to life satisfaction. Other research points to different life-enhancers: practicing kindness, mindfulness, meditation, and gratefulness; cultivating more humor and laughter; dedicating time to learning; and developing a growth mindset.
This information gathering will help you in the next step of this process to make decisions about how to shift your life portfolio for the better. But remember that what works for others — or for people on average — won’t necessarily be right for you. Your life strategy should be unique.
Learn more
Our Favorite Advice on Work, Change, and Life
Why Success Doesn’t Lead to Satisfaction
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F&B Supervisor at Dormitory Hualing Tbilisi
4moLove this
Senior Assistant Registrar I at West African Examinations Council Liberia National Office
4moUseful insights into the Life Cycle Hypothesis?
Chief Operating Officer
4moThanks for taking me all the way through Business School at Florida Atlantic University. That Life Strategy Chart is perfect. I just left a Charity which Changes the Lives of People who flounder. I will share the CHART with them.....we need to think....thanks.....
Key Account_Manager LPSB_Ingénieur commercial Marketing/développement durable/Logistique/Gestion documentaire.
4moComapraison is not reason. The behavior models are different but are influenced and oriented. The real surprise would be to leave room for intuition and singularity to create a new model in line with oneself or the surrounding world, right? It is a way to develop a growth mindset in a state of consciousness. 😊