Strategy & Funding Practice

Write a dated company direction record

Turn competing initiatives into one reviewable direction with explicit assumptions and stopping choices.

Preparation
Until the evidence owners, authorised decision owners, independent counsel, and relevant jurisdiction advisers complete their reviews
Difficulty
Advanced
Task
Set the current company direction
Back to the Task: Set the current company direction

Before you start

Get what you need before you start

  • Confirm the company body and people authorised to own this decision.
  • This Practice provides an internal evidence workflow. It does not provide legal, financial, tax, investment, or valuation advice.
  • Obtain named pre-upload approval for the workspace, plan, account settings, retention settings, and each approved document category.
  • Treat privileged, personal, customer, employee, security, and third-party information as prohibited. Keep it out of this workspace and use a separately approved system.
  • Verify plan-dependent data controls and retention before use. Test access with a non-owner account before sharing.
  • Keep unsupported facts, missing documents, conflicts, and disagreement visible.
  • Treat Tool output as an internal draft that a person checks against every cited source.
  • Independent counsel and the qualified advisers for each applicable jurisdiction must review every external communication and transaction decision before use.

Steps

Work through the method

Use the listed inputs and tools. Check the evidence when you need to verify a step.

  1. Capture the current and proposed models

    Date separate current and proposed canvases. Record the target customer, value, delivery, revenue logic, required capabilities, constraints, sources, and assumptions.

    Why it matters: Separate versions show what would change and keep assumptions visible.

    Input
    Current initiatives, customer and business-model evidence, constraints, and authorised decision owners.
    Output
    Two dated models with sourced facts, assumptions, conflicts, and missing evidence.
    Tools in this stepChatGPT evidence workspace

    Evidence for this step

  2. State the direction and trade-offs

    State one target customer and company direction. List each initiative to continue, defer, or stop, with its owner and affected function.

    Why it matters: A direction becomes reviewable when it changes real commitments.

    Input
    The two dated models and verified function-owner comments.
    Output
    A direction draft with explicit priorities, deferred work, stopping choices, and unresolved assumptions.
    Tools in this stepChatGPT evidence workspace

    Evidence for this step

  3. Approve the direction and review trigger

    The authorised company body records the choice, reasons, owners, review date, and evidence that would reopen the decision.

    Why it matters: The company needs a dated governance record rather than an AI conclusion.

    Input
    The direction draft, source pack, owner reviews, and authority rules.
    Output
    An approved direction record with a named review trigger.
    Tools in this stepChatGPT evidence workspace

    Evidence for this step

Success checks

Check the result before you finish

  • Current and proposed models have separate dates, sources, and assumptions.
  • Every initiative has a continue, defer, or stop status and an accountable owner.
  • The authorised body recorded the direction, reasons, review date, and reopening evidence.

Failure modes

Watch for these problems

  • The current and proposed models are blended, so the team cannot see what changes. Split them into dated versions and restore the source for each fact.
  • An assumption becomes a fact or a deferred initiative remains active without an owner. Correct the record before approving the direction.
  • The direction changes Product, Finance, People, Sales, or Operations work without that owner reviewing the consequence. Stop and route the affected choice to its owner.

Tools

Choose the tools you need

Sources

Read the sources behind this practice

Check what each source supports and where the advice has limits.