Have you got off to a good start in 2020?

The first quarter of 2020 is almost over, and we hope you are well on your way to achieving the goals you set for 2020.
Or are you in a situation where you don’t know how far you’ve come. Then you’re not the only one.
Many companies and organizations have, if they have made a strategy, challenges in executing the strategy.
When We work with companies and organizations, we mainly see two issues:

  • High focus on Operations and the next half or annual financial statements.
  • The Strategy is not broken down into smaller intermediate goals.

Focus on Operations.

There is nothing wrong with focusing on day-to-day operations, because it is precisely the “bread-& butter” that help the company to exist in the present. But it is a strategy that help the Company or organization to be present tomorrow.
If you don’t have a strategy, then ask yourself the following questions:

  • Where do you/we want to go
  • What should we continue to do, to get there?
  • What should we do less of / deselect?
  • What should we do more of?

At the same time, working on the new initiatives should not take more than 15% of the working time.

For processes like this it is very normal to get help from outside, either in the form of a facilitator to the process or training of the leaders. However, we recommend combining the process and create a leadership development process. By doing that you “kill two birds with one” and help the organization to do part of the process on their own going forward.

Breakdown of strategy into intermediate goals.

The failure to break down the strategy into intermediate goals is not just something that is experienced in small and medium-sized businesses. That is also the case in larger companies / organizations.
They’re good at setting long-term goals, but how to get there is another matter.
When we work with goalsetting, we always have a big focus on where we would like to be in the end (with “the End in Mind”):

  • What is it you want to achieve with the strategy
  • How do I get there (goals and intermediate goals)
  • What prerequisites must be present for you to succeed
  • Goals, sub-goals and prerequisites are made into a plan
  • Ongoing follow-up and discussion of progress

With this approach to strategy execution, you will always know where you are and have the ability to act accordingly.

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