One of the worst problems with corporate strategy is the excessive use of corporate jargon, fuzzy language and “weasel” words. It causes business and non-profit leaders all kinds of issues when they try and execute on and measure their strategy. These empty and inert words, such as “sustainable, efficiency, holistic, quality”, sound important but fail [...]
It’s time again for the quarterly strategy review meeting and the executive team has gathered to discuss progress. Most CEOs have become used to receiving the following report-outs: A financial report comparing standard financial measures from this quarter to previous quarter and to the same quarter last year A round of good news about the major action items that have been completed or business won And some major action items that are not “on-track” because the VP intimates the team needs more time and money. […]
You know what they say, don’t you? If you want a different result you have to change your approach. If you want performance measurement to be easier, faster, more engaging, more meaningful AND to hit more targets, you have to change your approach. […]
Are you struggling to find the right KPIs to measure your strategy? Do you want to have more people buy-in and take ownership of improving performance? Great measures focus people on the results that matter most, but most organizations don’t have them because people struggle to develop and use performance measurement well. […]
Want your team to remember your Strategic Plan? Have them draw it! When executing a strategic plan, leaders universally complain of the lack of early adoption. Leaders thought it might be the size of the strategic plan, so the “one page strategic plan” emerged. Leaders summarized that if there is less information to read, employees will be more likely to remember and apply it. […]
