Use Strategic Thinking to Create the Life You Want

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. You must also look at your current “portfolio” — the areas in which you spend your time and energy — to see if you’re investing the best of yourself in the activities most important to you. You should consider what research says about how people tend to find meaning and joy in life. Finally, you’ll want to identify areas where you need to make changes, and then ensure you follow through with objectives and key results. This program, Strategize Your Life, has been tested with more than 500 people around the world. With a few hours of work, you can develop a personal life strategy and summarize it on a single page.

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In times of crisis, many of us ponder existential questions about health, security, purpose, career, family, and legacy. However, more often than not, such contemplation is short-lived. The demands of everyday life — the here and now — can overwhelm us, leaving little time to think about the long term and what we are working toward. As a result, when faced with life decisions both big and small, we are left with nothing to guide us but emotion or intuition.

Rainer Strack is a senior partner emeritus and a senior adviser at BCG, where he built up and led the global People Strategy topic for 10 years. In 2014 he gave a widely watched TED talk on the global workforce crisis. He formerly coheaded the Future of Work initiative for the World Economic Forum, and in 2021 he was inducted into Personalmagazin’s HR Hall of Fame. He is a fellow of the BCG Henderson Institute.

Susanne Dyrchs is an executive adviser, a coach, and a people strategy expert. She is also a BCG U faculty member and a coauthor of numerous publications on organizations, leadership, and talent. She has written a personal account of her transformational journey, Wir-Zeit [Us Time], which was published in 2021.

Allison Bailey is a senior partner and a managing director at BCG. She leads the firm’s People & Organization practice globally and is a coauthor of several publications on the future of work, the bionic company, digital learning, and upskilling. She is also a fellow of the BCG Henderson Institute.