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/ …
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"
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 …
In his book, Good to Great, Jim Collins credits level 5 leadership as a defining characteristic of those who guided their companies to great success by outpacing the average in his study. Beyond foundational leadership skills, Level 5 leaders added these defining traits:
Deming's PDCA continuous improvement approach can be well applied to most goals or decisions in business: - Plan (an outcome) - Do (try best solution to solve root causes) - Check (is it working) - Act (scale solution if working) - repeat Fast cycles = fast improvement. As with many problem solving approaches, Plan is …
People are your biggest asset. Your biggest cost. And your biggest risk. There are specific laws that must be adhered to when hiring and firing Benefits are costly, especially for smaller companies Learning and running HR compliance, benefits and payroll is time consuming Most businesses don't know about professional employer organization (PEO.) These providers take …
If you have direct reports, you are a leader and manager. Your most important job is to create a productive culture and motivate your team. Many fail. ACT is a pneumonic that is useful in reminding leaders how to motivate and create great cultures. It is an acronym standing for: Accountability: getting things done by …
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