Three good habits to keep your plan on track
Who doesn’t love a good old strategy session? You get the executive team together for a day or two. Maybe an overnight stay and a few bottles of vino to celebrate all the hard work. You’ve bonded, you’re pumped. And then what?
So many companies fail to deliver on the promises of the annual planning day. It’s not unusual. You need to create a culture of discipline to stay focussed on your big vision. And that requires alignment with the team on the main goals, clarity and foresight as to how you are actually performing, and improved communications to enable better and faster decision making.
The great, late Stephen Covey, author of The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change, famously noted:
The main thing is to keep the main thing the main thing.
Post your planning day it is paramount you all end up knowing what your “main thing” is. Both for the company and yourselves.
First step is to be very clear about where you are headed - what might be your BHAG™?
Now here’s the thing, it is all well and good having a clearly articulated plan it is then essential to track how you are going executing it post the planning day. Which brings us to ...
So we have clarity on our main thing, we are measuring performance to the plan well, Now we need to ensure communication is operating at a level that ensures we can make quick, decisive adjustments to succeed ...
to move faster, pulse faster. At the heart of a team’s performance is a rhythm of well-run daily, weekly, monthly, quarterly, and annual meetings.
And yet most people complain that the last thing they want are more meetings. The Scaling Up process counter-intuitively advises that meeting regularly leads to better and faster decisions. It actually increases efficiency and effectiveness when done right.
sets the strategic direction and priorities for the year and beyond
breaks these longer term priorities into bite-sized priorities that the company can digest
addresses the bigger issues or opportunities that surface around the strategic direction
keeps the priorities top of mind and drives discussions around input from customers, employees and competitors which feeds back into the quarterly and annual planning process
tracks progress and brings out sticking points that are blocking execution of the strategic direction
So there you have it; know your main thing, track qualitative and quantitate data to measure progress and communicate really well and often.
Would love to know what you have found to be the most effective ways to get the most out of your planning days and look forward to joining the conversation in the comments below.
So what might you do now?
If you haven't already done so, download a copy of your Function Accountability Chart (FACe) and complete the exercise with your leadership team to ensure you have the "right people doing the right things right".
SCALING UP BUSINESS GROWTH WORKSHOP
If you are interested in further exploring how to leverage simple, actionable, and practical tools to help you have the "right people doing the right things right" why not come along to the Scaling Up Business Growth Workshop we are running in conjunction with our partner SWAAB on Tuesday 4th, December.
SCALING UP QUICK START GUIDE
Alternatively, if you would just like to learn a little more about Scaling Up - grab yourself a copy of the "Quick Start Guide".
Scaling Up: How a Few Companies Make it...and Why the Rest Don't
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