The Trifecta for Long-Term Success is the pinnacle framework within our RoundMap system, embodying the highest aspiration of any organization: the collective drive to continuously create shared value. This trifecta goes beyond tactical goals and fulfilling purposes; it represents the core ethos of sustainable and adaptive success.
Core Principles of the Trifecta for Long-Term Success:
- Viability
- Ensuring the business model is sustainable and economically sound.
- Focusing on long-term success and resilience in changing markets.
- Feasibility
- Implementing practical and actionable strategies.
- Leveraging available resources and capabilities to achieve objectives.
- Desirability
- Aligning with the needs and desires of stakeholders, including customers, employees, and communities.
- Creating value that resonates and builds strong, enduring relationships.
The Trifecta’s Integration with the RoundMap Framework:
- Strategic Vision: The Trifecta for Long-Term Success provides a vision guiding organizations toward continuous improvement and value creation.
- Collaborative Engagement: Encourages collaboration across all levels, breaking silos and fostering a culture of innovation and adaptability.
- Holistic Approach: Integrates systems thinking to ensure all parts of the organization are aligned and working towards shared value.
Linking the Trifecta to Aristotle’s Nicomachean Ethics
Aristotle’s Nicomachean Ethics serves as a philosophical foundation for the Grandmaster’s Playbook, now redefined as the Adaptive Innovation Triad. Aristotle emphasized the importance of practical wisdom (phronesis), scientific knowledge (episteme), and technical skill (techne). These elements align with the triad’s core principles:
- Viability (Phronesis)
- Practical wisdom in making sound, ethical decisions for sustainable success.
- Feasibility (Techne)
- Technical skills and know-how to implement effective, actionable strategies.
- Desirability (Episteme)
- Understanding and knowledge to align with stakeholders’ needs and create meaningful value.