How well do you know your game plan? How far can you see?
In many companies, strategy is only communicated to upper management, in some instances kept hush-hush amongst the members of the Board. Why? What appears to happen in these cases is a lack of effective communication amongst departments, contradictory directional plans, heavy processes and a terrible loss of productivity. You could compare it to a 3 story ship, with 500 blindfolded men rowing and no drummer to keep the pace. Do you think the ship will reach the shore on time? I have my doubts!
Having a clear organizational strategy and communicating it with everyone involved in driving your business will help you empower your employees and engage them to the fullest of their abilities.
That is not all though, communicating your strategy does not mean it is simple to understand and that it is linked to every score card in your organization’s pay-for-performance.
Many business owners out there cannot make the difference between their company’s vision, mission statement and strategy. They too often mix these elements all together and start losing game!
Here are a few tips that should help you differentiate these elements and put an end to this myth:
1– You need to be able to communicate your strategy in 25 words or less. If you can’t, you need to go back to the drawing board.
2– Define a clear organizational objective. What should the end result look like?
3- Define your organization’s scope: this is your business domain, or nature.
4– Define your competitive advantage: What differentiates you from other similar domains?
5- Define your value proposition: why should customers by your product/service and not the competitor’s? What’s in it for them if they come to you?
6– You have to clearly gather all necessary data and define the mix that makes your business what it is today: (Competitive offerings, your company’s capabilities and your customer’s needs).
Now that you have all of this information handy, define the following:
7– Your mission: “the sole reason why your company exists”
8– Your values:”aligned with your culture. This will have to explain why your organization will act or behave in a certain way and how”
9– Your vision: “what does your organization wants to be when it grows up”
Finally, the fun stuff: defining your strategy. What you have done above, is analyze your tools, the bats you will playing with, the field, wind factor and your mood, your opponent’s strengths and best players.
Your strategy is YOUR GAME!
How well you play the game will depend on how comfortable you are with your abilities, how well you communicate your plan with your team and how well you know your field.
I always said that professional life is similar to any sports out there. The components are the same, the strategy is the same and the passion we each put into our game depends on our ability to see further in the field—when you hit the ball, do you look at the bat or the furthest point on the field?
Are you ready for your game plan? - To learn more about this author, visit Michel Amour's Website.
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Michel Amour
(Visit Michel's Website)
Specialties:
-Provide leadership in performing
long-term organizational planning and
analysis aimed at identifying risks,
opportunities, and options that will
inform strategies to provide resources for
attainment of the Organization's mission.
-Objectively evaluate the achievement of
Organizational strategical goals and
plans.
-Monitor best practices and trends and
implement beneficial changes.
-Attracting, motivating and coaching
talent to achieve the objectives of
Corporate Services.
please visit my full profile on LinkedIN :
www.linkedin.com/in/power
1managementsystems
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