Monday, December 10, 2012

It all Happens from the "Get Go" - 7 planning steps to achieve measurable results

Business leaders need to ensure that planning and implementation is focused. A well thought-out planning and implementation approach considers linking strategy, tactics and operational needs. It includes considerations for key business impact zones (productivity, tools, people and culture) and the outcomes required for solutions to business problems.

Consider the business objectives, the process and the work approach that must be used to successfully achieve results in an organization. Results should be resource-driven beginning with shared thinking and consideration of the challenges that need to be addressed. Call them points of pain. All businesses have them and every business leader knows it.

A checklist would be handy at this point. Consider common business challenges such as issues with focus and direction, trust, communications and collaboration, productivity, effectiveness and efficiency, process and work procedures, outdated equipment and tools, people experience, skills, beliefs, values or even blame-storming. No matter the issue, they all add up to one thing – a negative impact, something a business leader seeks to avoid.

Here are 7 steps to consider when planning for measurable results:

Step 1. Understand your business priorities
What five things are on the strategic agenda of the organization? Why are they so important to the business? In what way can your team make those items happen? If you can answer these questions you are on the path to good business leadership thinking.

Step 2. Identify the challenges
What are the points of pain? What are the key challenges? How are these challenges impacting the business? Can we qualify and quantify the problem? Have we considered the impact to productivity, our tools, people and culture? What are the overall impacts and ripple effects to the organization? Write a clear and concise business problem statement that everyone understands. Share that statement and engage in shared thinking and creative solutions with your people.


Step 3. Determine key solutions
Throughout the process, encourage teams to assist you in solving the business problems. Be careful here, as coming up with ideas on how to solve business problems does not mean implementing solutions. Provide support and insight to people whose natural approach is to roll up their sleeves and jump right in. At this point, as a business leader, you should be seeking thinking and solutions. Only after the ideas have been put forth do you seek to prove their viability.


Step 4. Choose a solution that makes sense
This is where viability comes in. It really comes down to what, why, who, how, when, where, how much and what’s in it for the organization, the benefit, risk and return factor; all the things we learned in grade school and on the playground only with more risk. The best thing is to review situations and possible impacts. Pick three solutions: the do nothing solution, the do something solution or the do something else solution. Think through the issues and make a decision.


Step 5. Implement the solution
It’s not always easy, but it must be done. As the business leader, make sure you have your team together. Establish your approach to deal with people and team dynamics across the organization. Change means push back so be prepared. Be honest about your resource abilities. Invest in their success through investing in your own development. Use a good business coach to avoid future issues. Make it part of the process so your people will embrace it. This is a preemptive approach for solution implementation. Remember, as the leader you do not need to be the sage on stage but be the guide on the side.


Step 6. Measure the results
Ensure that you have put the right items in place to measure the results. This could be at many levels. Answer the simple question: does it work? The answer needs to be a yes or no, not maybe or sort of, eh! Did you get what you expected? How long did it take? Is it over or under budget? Will you see the expected return on investment? If so, over how many years? Do we have the right people? Have you considered the impact zones and the impact? Does the solution (process, tools, people, etc) align with what is important to the business?  The list of questions here is long and depends on what was set as the measurement needs earlier in the planning process.


Step 7. Capture lessons learned
This is an area that business leaders rarely engage in. Yet, it is extremely valuable at all levels in the business. A feedback loop should always exist and the business leader should explore what was learned internally and externally. This is your intellectual property that can be used for future planning and continuous improvement.


In the end, it comes down to following a planning and implementation approach that ties strategy and tactical solutions together. As the business leader your success depends on following a proven approach, engaging your people in the process and building key business skills. Planning for measurable results happens from the ‘get go’.

It does all happen from the 'Get Go'. Taking the steps is important. What are your business priorities and in what way are you considering achieving them? This is a discussion that would be great to have with someone that has been there. Connect with me at 1-866-559-8126 Ext 201 and I will send 30 minutes chatting with you about your concerns. 

Richard Lannon, all rights reserved 2012, but enjoy.

Sunday, December 9, 2012

Question Everything About your Business - 7 candid questions that need to be asked

Good questions are the key to successful planning and decision making. Throughout the business planning process we must consider strategic questions to help us understand the current situation, focus areas and our vision for the future. Strategic planning is an intensive process and should be a team effort – it should not be done in isolation.
 
A good place to start in the planning process is to focus on ‘what’ questions. What questions are extremely powerful tools for thinking about your business / personal strategy, goals and objectives. The key is to know which questions to ask and to be willing to take a candid look at your business.
Here are seven candid “what” questions that every business leader should ask:

What are the overall strengths and weaknesses of your business?

Strengths and weaknesses exist in all organizations and should include considerations for people, resources, culture, work processes, tools, supply chain, financial situation, etc. The list goes on and on. The important thing here is to start the process by first looking at your organization and its resources.

What are the overall opportunities and threats to your business?
Focus here on your external world, the things you cannot control but must be aware of. Some items could include a market shift, retirement and succession, competitive movement and changes, the global business climate (local, national or international), obstacles or climate and weather effects. We often miss the opportunity to do environmental scanning. Look outside your office to truly understand the opportunities and threats to your organization.

What political, economic, social and technological conditions impact your business?
What’s happening in your local business scene (economics)? Is there a product or service that people want or need to buy? Is technology impacting your team and their need for training? What important social change will impact the business? Are you developing leaders for tomorrow? Every answer should lead to another question. Dig deep, exhaust yourself and find people to help you through the process.

What do you want to achieve, protect, avoid and eliminate?
This question contains all the elements of risk planning. There are always things we want to achieve, protect, avoid and eliminate on a personal, team or organizational basis. What are they? Identify as many as possible and make a list. Examples vary but could include increased sales, keeping an established portfolio, avoiding trouble or accidents, establishing an employee health program or helping people drop a few pounds. The point here is that whatever is identified must be relevant to your business and its challenges.

What are the key challenges you face today, tomorrow and in the distant future? 
We’re in an era where we must be predictive and adaptive business leaders and professionals. Strategic planning is about timeframes with past, present and future considerations. Establish what your work world should look like with timeframes. Planning used to focus on 3 to 5 year cycles. That has changed. Now we must keep our eye on short-term road trips with long term implications.

Where are we and how did we get here?
This question is a pure honesty question. It is used to establish your present situation and to help you accept complete responsibility and accountability for it. No blame-storming allowed. Outside forces might have contributed, but at some point decisions were made to set your direction. As a business leader, you were either active or reactive and there were consequences. Capture it, leverage it and be prepared to let it go.
What key initiatives are going to be placed on the strategic agenda of your business? Why?
At some point you need to focus and make key decisions that will make a difference in your business. Building your strategic agenda is a different type of challenge and may require another approach. This may take ‘why’ questions, questions that focus on benefits and value. Before adding anything to your strategic agenda you must first clearly establish the benefits and values of those items.

Being honest about your business, the organization and its people is a challenge. When strategic planning  it’s important to remove yourself from the natural tendency of coming up with solutions. Establishing solutions is the action part of planning. Consider engaging an expert strategic facilitator to help. Remember that you don’t plan to fail, you fail to plan and planning requires asking the right questions.

Richard Lannon, All Rights Reserved, Copyright 2012