Most teams start planning from where they are to where they want to go. This is backward. Start with and keep in mind the long-term. Then, work back to prioritize the most important next steps that deliver your vision. Let's look at how it works. Starting planning with a short-term perspective creates stress and can …
The Transform phase of StrategyOS delivers your Vision. Many businesses struggle to implement after putting together a bold strategic plan because they lack the practices to turn planning into reality. As Prussian field marshal von Moltke once said, "No plan survives first contact with the enemy.” In this case, the enemy presents as risks, uncertainty, …
Last week I attended a week long Vistage Academy. It was one of the best trainings I've been through in my entire career. In this week's news letter, I'd like to reflect and share with you some of the learnings that have wide application for any business leader. These practices expand on the Be Great …
Most meetings are bad. Most people have too many. But, meetings allow companies to achieve more working together than alone. Here's how to execute perfect meetings.
Leaders can reach their vision by adopting these 8 fundamental practices. They deliver the results to reach success. The StrategyOS works with these fundamentals by creating a process to execute them as part of your daily work. This super post overviews and links to detail posts on each practice. https://horizonlinegroup.com/2023/02/21/your-business-model-cheat-sheet/ https://horizonlinegroup.com/2023/02/21/be-great-at-people/ https://horizonlinegroup.com/2023/02/21/organize-around-themes/ https://horizonlinegroup.com/2023/02/20/keep-score/ https://horizonlinegroup.com/2016/10/20/the-strategic-planning-cycle/ https://horizonlinegroup.com/2022/12/14/great-strategies-are-built-one-rock-at-a-time/ …
Themes set a 2-5 year picture of how the business will look and organize strategy execution. They advance your Positioning and are powerful organizing ideas for medium and short term planning and execution. These ideas create focus when considering what should be your most important next actions. They establish priority supporting Initiatives & processes, policies, …
The best Business Models can be communicated in a few words, documented in a couple pages, and managed with a few meetings. Your Business Model should fit on one or two pages. It should be shared, known and worked on by everyone in your business. Create a Cheat Sheet (n: a written or graphic aid …
Continue reading "Shared Business Model; Your Vision Cheat Sheet"
The left funnel of the Business Model highlights people elements that are needed to successfully deliver a business vision. There are 5 key practices: Joint Ownership for coordination & monitoring Individual Ownership by all for action Right People Right Seats with the right responsibilities ACT to develop people who grow with the vision Being great …
A scorecard is the best way to ensure progress toward your vision. Completing rocks and action items and resolving issues is only valuable if it can eventually be measured on the score card that demonstrates results are achieved and you are working toward your Vision. Scorecards check the health of the business model by monitoring …
Great strategy execution starts at the top with an aligned, coordinated, and supportive leadership team. It is built on a great weekly Leadership Team Meeting. Many teams never realize the full value these meetings can deliver. Let's explore how to do it right. Start with meeting objectives. This meeting is the one time reserved each …
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