Today’s rapidly changing business environment presents a daunting challenge to executives and managers. Gone are the days when a company’s competitive advantage could be leveraged to bring it untold riches year after year. Technology and the phenomenon of the flattening world have created a new market environment in which a company innovates one day only to see its unique creations commoditized the next.
To remain competitive in this new, flatter world, organization leaders must remain focused on the future. While crystal balls do not exist, corporate leaders must serve as the ultimate futurists; anticipating changes in both market demands as well as the availability of human, technological, and material resources. Strategic planning should incorporate these predictions while allowing for flexibility and adjustments to be made during tactical execution.
Additional information
Strategic Planning Warning Flag 2 – Near-Term Focus, highlights the process and behavioral signs of an organization that lacks a future focus. This article serves as a resource to those assessing their organization’s ability to maintain a future focus, thereby, enabling it to more easily adapt and excel in the ever increasingly competitive marketplace.
About the Author
Nathan Ives is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.
https://www.strategydriven.com/wp-content/uploads/SDELogo5-300x70-300x70.png00StrategyDrivenhttps://www.strategydriven.com/wp-content/uploads/SDELogo5-300x70-300x70.pngStrategyDriven2007-12-20 18:28:222016-05-13 19:56:31Strategic Planning Best Practice 10 – Future Focus
StrategyDriven Podcasts focus on the tools and techniques managers and executives can use to improve their organization’s alignment and accountability to ultimately achieve superior results. These podcasts elaborate on the best practice and warning flag articles on the StrategyDriven website.
Nathan Ives is a StrategyDriven Principal, and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.
https://www.strategydriven.com/wp-content/uploads/Base3000x3000-SDP.jpg30003000StrategyDrivenhttps://www.strategydriven.com/wp-content/uploads/SDELogo5-300x70-300x70.pngStrategyDriven2007-12-18 04:37:002019-07-05 20:18:57StrategyDriven Podcast Episode 3 – Prioritize the Mission, part 1 of 2
StrategyDriven contributors are pleased to introduce the organizational performance measures whitepaper: Selection. This whitepaper focuses on the process of selecting measures that create complete understanding of organizational performance while at the same time aligning the organization’s efforts towards its mission goals. Organizational Performance Measures – Selection compliments and expands upon the principles discussed in the StrategyDriven organizational performance measures best practices Vertical Cascading and Horizontally Shared.
Performance measure selection is of critical importance to an organization because they serve as one of the most powerful drivers of organizational behavior. People respond to performance measures because they clearly establish standards and goals, provide routine and often public feedback, and are both generally and specifically consequential. A properly structured measurement system aligns management decisions and workforce actions to the achievement of the organization’s mission. Structured improperly, performance measures become one of the most destructive forces a company unknowingly unleashes upon itself.
Not everyone within an organization is a Harvard MBA graduate with a decade or more of business planning experience. Business planners using highly technical terms as a way to impress others with their business planning prowess will often find that they confuse the very people they are trying to communicate with, namely, the organization’s workforce.
In order for a strategic plan to foster a high degree of organizational alignment, it must possess a clear, concise focus and be translatable to the day-to-day actions of every member of the workforce. To achieve this, planners should write the strategic plan in a language familiar to everyone within the organization; incorporating words, phrases, and colloquialisms traditionally used by the workforce. A strategic plan written in the organization’s language will speak to and ultimately be embraced by its implementers.
About the Author
Nathan Ives is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.
https://www.strategydriven.com/wp-content/uploads/Success.jpg282425StrategyDrivenhttps://www.strategydriven.com/wp-content/uploads/SDELogo5-300x70-300x70.pngStrategyDriven2007-12-13 18:01:282016-05-13 20:01:58Strategic Planning Best Practice 9 – Avoid Using Jargon
StrategyDriven Podcasts focus on the tools and techniques executives and managers can use to improve their organization’s alignment and accountability to ultimately achieve superior results. These podcasts elaborate on the best practice and warning flag articles on the StrategyDriven website.
Nathan Ives is a StrategyDriven Principal, and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.
https://www.strategydriven.com/wp-content/uploads/Base3000x3000-SDP.jpg30003000StrategyDrivenhttps://www.strategydriven.com/wp-content/uploads/SDELogo5-300x70-300x70.pngStrategyDriven2007-12-11 18:37:482019-07-05 20:08:37StrategyDriven Podcast Episode 2 – Make the Mission Measurable
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Business Programs
Strategic Planning Best Practice 10 – Future Focus
/in Strategic Planning/by Nathan IvesToday’s rapidly changing business environment presents a daunting challenge to executives and managers. Gone are the days when a company’s competitive advantage could be leveraged to bring it untold riches year after year. Technology and the phenomenon of the flattening world have created a new market environment in which a company innovates one day only to see its unique creations commoditized the next.
To remain competitive in this new, flatter world, organization leaders must remain focused on the future. While crystal balls do not exist, corporate leaders must serve as the ultimate futurists; anticipating changes in both market demands as well as the availability of human, technological, and material resources. Strategic planning should incorporate these predictions while allowing for flexibility and adjustments to be made during tactical execution.
Additional information
Strategic Planning Warning Flag 2 – Near-Term Focus, highlights the process and behavioral signs of an organization that lacks a future focus. This article serves as a resource to those assessing their organization’s ability to maintain a future focus, thereby, enabling it to more easily adapt and excel in the ever increasingly competitive marketplace.
About the Author
StrategyDriven Podcast Episode 3 – Prioritize the Mission, part 1 of 2
/in Strategic Planning, StrategyDriven Podcast/by Nathan IvesStrategyDriven Podcasts focus on the tools and techniques managers and executives can use to improve their organization’s alignment and accountability to ultimately achieve superior results. These podcasts elaborate on the best practice and warning flag articles on the StrategyDriven website.
Episode 3 – Prioritize the Mission, part 1 of 2 elaborates on Strategic Planning Best Practice 2 – Prioritize the Mission. This discussion…
Podcast: Play in new window | Download (16.5MB)
Subscribe: RSS
About the Contributor
Organizational Performance Measures Whitepaper Introduction – Selection
/in Announcements, Organizational Performance Measures/by Nathan IvesPerformance measure selection is of critical importance to an organization because they serve as one of the most powerful drivers of organizational behavior. People respond to performance measures because they clearly establish standards and goals, provide routine and often public feedback, and are both generally and specifically consequential. A properly structured measurement system aligns management decisions and workforce actions to the achievement of the organization’s mission. Structured improperly, performance measures become one of the most destructive forces a company unknowingly unleashes upon itself.
Strategic Planning Best Practice 9 – Avoid Using Jargon
/in Strategic Planning/by Nathan IvesIn order for a strategic plan to foster a high degree of organizational alignment, it must possess a clear, concise focus and be translatable to the day-to-day actions of every member of the workforce. To achieve this, planners should write the strategic plan in a language familiar to everyone within the organization; incorporating words, phrases, and colloquialisms traditionally used by the workforce. A strategic plan written in the organization’s language will speak to and ultimately be embraced by its implementers.
About the Author
StrategyDriven Podcast Episode 2 – Make the Mission Measurable
/in Strategic Planning, StrategyDriven Podcast/by Nathan IvesStrategyDriven Podcasts focus on the tools and techniques executives and managers can use to improve their organization’s alignment and accountability to ultimately achieve superior results. These podcasts elaborate on the best practice and warning flag articles on the StrategyDriven website.
Episode 2 – Make the Mission Measurable elaborates on Strategic Planning Best Practice 1 – Make the Mission Measurable. This discussion…
Podcast: Play in new window | Download (25.9MB)
Subscribe: RSS
About the Contributor