Skip to main content

Strategy, Strategic and Goals



You often hear people talk about strategy and being strategic in interchangeable ways. The reality is, these are not the same; added to this, people often mistake strategy or strategic thinking for goals.

Many leaders create a lot of confusion for their teams by not being able to apply these concepts properly.

Here's how I look at it and how best I have found to communicate it.

Goals: The end state, where would we like to be, what do we want to achieve

Strategic: What direction should we be moving to in to create or further leverage an advantage

Strategy: Specific actions and initiatives that will make real or enhance your advantage

As you can see, strategy is actually about what your team is going to do. 

Being able to focus your team this way is essential to avoid the trap of having everyone working extremely hard yet never fully accomplishing the goal. All too often, leaders explain the goals and the strategic thinking of the initiative and assume that their teams will know exactly what to do in order to achieve the mandate.

Remeber, everyone is unique and will exercise subjectivity. My paradigms are not the same as yours, and the way I look at something will never be exactly how anyone else sees it.

You will be far more effective working with your team to achieve the overall goals, if together you develop specific and measureable actions that each person will be responsible for.

Every action or decision should be challenged by asking if it brings you closer to achieving the goal. It is easy for teams to start working tangentially, by planning out your actions you will be able to focus the team's effort (no matter how small an individual action) towards the target.

Leverage the power of stacking aggregate gains.

Comments

Popular posts from this blog

The Black Swan

  Maybe I think differently because I have read this? With everything going on with the CoronaVirus, it is incredible to see how people are behaving. Everyone and their cousin is talking about the Supply Chain, about being prepared, about not having enough capacity ... it's crazy. I honestly wonder if the people making all of these comments have ever actually ran any operations, if they ever had to responsibility to actually get things done. It's easy to say how prepared you can be, and what companies should have been doing, or pointing the finger saying "how could you be out of stock". The reality is, we have a lot of choice. The average grocery store for example can easily have 15,000 to 20, 000 skus that move through their stores ... think about that for a minute. That many skus, that are all cycling through the stores on some type of regular rate of sale.  Or let's take something that's more in people's face at the mo...

Give your best stuff away

    This is an interesting and sometimes polarizing topic. One group of people believe that the more content (ideas, conversations, posts, videos, etc) that you put out into the world, the better your return is as you are connecting with more people and getting greater exposure. Another group feels that by investing all of this energy into giving away "free stuff", takes away from what you could be doing to grow your business, give to your clients or to your employer. That giving your stuff away doesn't pay the bills, so what's really the point other than feeling good. For me personally, I'm all about giving my best stuff away for free, and what follows are really my "whys". First and foremost, I don't really prescribe to the idea that anyone really has "best stuff". That's finite and fixed and I truly don't believe this applies to people the way it can be associated to things. If you are a miner, and you m...

Growth & Success

  We spend so much of our time focused on results and outcomes. Did we win? Did we lose? Was it a success or a failure? How do we measure it? Track it? Compare it? Everyone wants to "succeed" because that is what we feel is the right answer. That is what gets praise from those all around us. It makes us feel valued and safe as it makes us feel like we have earned our place (at work or within our community). Does every step forward have to have the same outcome? At what point is the growth and learning just as (or even more?) valuable than some expected outcome? Our world is changing so quickly these days, more quickly than it probably ever has in the past. We have access to so much information, to so many more people and communities, we are constantly trying to "measure up" to everything around us. We are experiential creatures. Every experience that we have contributes to our knowledge and understanding our our-self and the world we are a part of and influences the...