Take a moment to think about how many times you’re interrupted by your phone or computer in a day. DING – new email. RING – someone’s calling. BUZZ – text message. DING – two more emails. POP-UP BANNER – new Instagram/Facebook/Twitter/LinkedIn notification. BUZZ – another text. And that’s just in the span of five minutes!
Using Balanced Scorecards to Implement and Align Organizational Strategy
Does this sound like your company: In January 2009, our corporate leadership team sat in a week’s worth of meetings hashing out our strategy for the year. Our leadership team was composed of a group of very experienced C-level executives, each having held meaningful roles in other companies. We had years of industry experience, years of education, and a combined total of over 125 years of experience. We had all earned a seat at the table. When our week of reviewing last year’s numbers, planning for next year’s expansion and defining our corporate mission was over, we all left the conference room raring to go. But a week later, we were being pulled back into that black hole with no navigation system to help us turn the ship around.
Maybe we should have asked these 3 questions before our group disbanded.
Topics: Corporate Strategy