As you may recall, we have been exploring the notion that enduring success is achievable when one builds an organization that is both smart and healthy, and that one of the major aspects of creating a smart and healthy organization is getting every member of the senior leadership team on the “Same Page” regarding the answers to what we call the Eight Key Questions.
Today’s post is about the power of a simplified one year plan.
After you have infused your vision with the inspirational might of a 10-Year Target™ and have established a clear and compelling 3-Year Picture™, it’s time to simplify your short-term goals with a 1-Year Plan that will propel your organization toward your longer-range goals.
An effective 1-Year Plan must do four things:
- Establish goals and Key Measurable targets that are consistent with, and help legitimize, the 3-Year Picture;
- Be comprised of only 3-7 goals for the year – because less is more, and the probability that any goal will be achieved is inversely proportional to the number of goals set;
- Provide a clear framework for creating great processes for quarterly planning and goal-setting; and
- Be shared with all the employees so that everyone has a clear sense for how his role, measurables, and goals relate to the organization’s key priorities.
I get that this seems way too simple, but our experience shows that establishing a simple 1-Year Plan is typically one of the easiest parts of creating your V/TO because of all of the great work that has already gone into setting an inspirational 10-Year Target and a compelling, yet realistic, 3-Year Plan.
Truth is, the real work goes into establishing the organization’s 90-day priorities — we call those “Rocks” – which we will address in our next blog post.
Unit next time, may you build with passion and confidence.
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