Most business leaders admit that their organizations lack focus and that their organization capabilities do not completely support their strategy according to a Booz & Company survey of more than 1,800 executives1. A majority of leaders recognizes that their biggest frustration is having too many disparate priorities. This situation conflicts with making good day-to-day decisions and impairs the proper allocation of resources.
Focus – a position where strategies, capabilities, and products are consistent – leads to better performance.
To focus your organization, consider these simple and effective steps:
- Identify and rank with your management team the 5 major issues that need attention.
- Agree with your team on a basic approach to resolve these issues.
- Assign responsibility for an issue to a member of the team and request a more detailed plan with milestones, deadlines, and resources required.
- Distribute the list of issues and the plan for each issue to your management team.
- Review progress on the issues with your management team on a regular basis.
You will be surprised how much you can achieve with this simple tool. Just try it. Your organization will benefit immensely.
1. Booz & Company Inc. “Executives Say They’re Pulled in Too Many Directions and That Their Company’s Capabilities Don’t Support Their Strategy” 18-Jan-2011