Strategic Planning: Think to Done
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• Where should you start with strategic planning? • What's the difference between Vision, Mission, and Goals? • Should we decide fast or slow? (It's probably not what you think) + Plus more frameworks for thinking that will help you DISCOVER and EXECUTE on what makes you unique. This presentation is based on a business startup training that I gave in September 2020.
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Updated Version. Keynote Talk at Agile Business Day 2020. Agility as a movement started with software developers uncovering better ways of doing what they do. Today that movement is driving even business leaders to rethink how they lead their organizations. What does it mean to "be" agile? How can agility be applied to leading organizations? Where do successful agile leaders start? Three stories, three secrets and three tips to apply agility for more impact in your life and work.
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Strategic Planning: Think to Done
- 1. klmc | 2020-09-24 strategic planning: thinkto done
- 3. why do we exist? where do we want to be? how do we get there on purpose? what steps do we need to take?
- 4. answer these simple questions deeply
- 5. the golden circle why how what From: Simon Sinek – Start with Why
- 6. Simon Sinek – Start with Why: How Great Leaders Inspire Everyone to Take Action People don’t buy what you do; they buy why you do it...what you do simply proves what you believe.
- 7. the golden circle why how what From: Simon Sinek – Start with Why vision mission goals
- 9. why does your company exist? vision – why?
- 10. where do we want to be in the future? vision – why?
- 11. Tesla: To accelerate the world's transition to sustainable energy. vision – why?
- 13. how do we make our vision happen? mission – how?
- 14. Tesla: To create the most compelling car company of the 21st century by driving the world’s transition to electric vehicles. mission – how?
- 15. personal interest + people interest mission – how?
- 16. Onliness Statement Find what makes you different. Our offering is the only category that benefit for customer . offering category benefit ideal customer From: Marty Neumeier – Zag mission – how?
- 17. goals – what? what
- 18. D.E.C.I.D.E. Framework How to think through a problem critically. Determine the problem Establish the criteria Consider all alternatives Identify best alternative Develop an action plan Evaluate the solution goals – what? From: Kristina L Guo — DECIDE: A decision-making model for more effective decision making by health care managers
- 19. Identify best alternative Develop an action plan Evaluate the solution do the work. How to actually get things done. 1. Know where you want to go. (Vision / Mission / Onliness) 2. Create measurable (SMART) goals. 3. List the tasks that you need to do to accomplish those goals. (What) 4. Prioritize the tasks. 5. Decide who will do each task. (Who) 6. Agree upon deadlines for tasks. (When) 7. Track and measure the results.
- 20. S.M.A.R.T. Goals Set measurable objectives. From: George T. Doran – Management Review Specific Measurable Assignable Realistic Time-related goals – what?
- 22. write down all tasks
- 24. Eisenhower Matrix Prioritize your tasks. Do ✅ Decide 🤔 Delete ❌ Delegate ➡ Important ‼ NotImportant Urgent 💨 Not Urgent 🐢
- 25. SWOT Analysis
- 26. SWOT Analysis This tools helps analyze a situation or solution from all sides. Strengths 💪 Weaknesses 😰 Threats 😨 Opportunities 👍 InternalExternal Helpful 😁 Harmful 😡
- 27. act ⚡ faster
- 28. Decide Fast ✅ Consider Carefully ⚠ • when you can change it later • when you know the problem domain intimately • when the stakes are low • when not acting is likely worse • when slow response increases pressure and decreases good will • when your response unblocks others ex. choosing the best color for a product • when the decision is permanent (or too expensive to reverse) • when the problems are complex and the second order effects unknown • when the stakes or pressure are high (existential threats) ex. choosing a platform to build on should I decide fast or slow?
- 29. thank you