Month Three Process-Step: Semi-Annual Strategic Review

 

Slide3.JPGMonth 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.

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