Before we go there, let’s start here first: Who’s responsible for strategy?
Obviously on one level “they” are - “they” being whoever is that senior group of people in the organization that set direction.
But it’s fair to say that often…
- No-one’s quite sure exactly who’s on the They team and who isn’t
- There’s a bunch of different Theys
- They haven’t done a great job at communicating the strategy
- Things have shifted since They did
All of which boils down to this: If you’re leaving strategy entirely in the hands of Them you may be in trouble.
And then there’s Death By Strategic Planning.
That’s when you go offsite and spend 3 days creating a document that ends plus/minus 2% different from what you did last year, gets typed up and put in a thick binder, and then gets SPOTS syndrome … Strategic Plan on Top Shelf.
I use a number of methods to help bring a strategic plan to life. But here are two that are at the heart.
1. What’s the right mix of Great Work and Good Work?
Perhaps the simplest definition of strategy is finding the right mix between Good Work and Great Work. Good Work being the solid, efficient, necessary, profitable work that’s required for the short-term. Great Work being the challenging, bold, innovative, risky(er) work that’s required to thrive and survive in the longer term.
Strategic decisions are often boiled down to: Just who’s doing what tactics. And there’s a place for that of course. But not before you’ve asked the big question: How much Great Work are we up for?
2. What will we say No to?
When your strategic planning involves piling on more ideas and more options, you don’t have a strategy you have the perpetuation of overwhelm.
Great Work: the focus to know what matters. The courage to say Yes to that and No to the rest.
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