Month Three Process-Step: Semi-Annual Strategic Review
Month Three of our Fiscal Year (March for many of us) is a time for a Semi-Annual Strategic Review.
i) Reviewing the strategy we formulated in our last Annual Strategic Review (month 9 of our fiscal year, September for many of us).
- Typically a full-day review with the executive team
ii) Reviewing the traction we have created since and what we have learned along the way about our organizational agility and capability/ capacity as an enterprise to execute.
iii) Reviewing our Current State Assesssment & Environmental Scan to determine what has changed and, overall, how our strategy and execution need to be adjusted.
Here are some things-to-think-about, questions-to-ponder, decisions-to-make and actions-to-take.
Things-to-Think-About
- Think about how you are doing with your dynamic journey on a shifting landscape, being in the driving seat of organizational agility and translating strategy and execution into traction.
- Think about how you would assess your current state and scan of the environment in detail (Current State Assesssment & Environmental Scan)
- Think about the steering, alignment and integration adjustments you need to make.
Questions-to-Ponder
- Where do you have wheel$pin and what it is costing you in avoidable-costs and opportunity-costs?
- What or who is driving that wheelspin and what can you do about it to get back into traction?
- How will you fully engage the executive team in this review/adjustment and realign the whole organization accordingly?
Decisions-to-Make
- Decide on steering, alignment and integration adjustments to strategy, execution and traction.
- Decide what associated structural shifts, reassignments and reorganizations are needed.
- Decide what other changes need to be made to get out of wheelspin and into traction.
Actions-to-Take
- Hold the review session with the executive team with associated pre-work, preparation and follow-up
- Navigate any change leadership/management issues well.
- Reinforce your commitment to the discipline of an ongoing process/cycle and your expectations for accountability/commitment and productivity
When you are working on your organizational agility, progressively there isn’t a fight you can’t win.
Execution Excellence: Missing-in-Action
Mike's Own Journey
See Mike giving one of his keynote speeches,