The Leadership Insights Blog by Liz Weber, CMC, CSP
Effective Leadership Strategies to Boost Your Business
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Category: Strategic Planning
Bad, Better, Best
I talked with a former client this morning. When I asked how his business had fared the economic hardships of the past few years, he replied, "Well, we can see the light at the end of the tunnel.
We all set goals in our personal and professional lives. However, many of us fail to set our goals effectively, and therefore never achieve them. Our goals are often stated in terms such as "I'll increase productivity next week."
Unlike the movie City Slickers in which Billy Crystal's character realizes that "The One Thing" in life that will make you happy is different for everyone, in business, we must make it very clear to all of our employees what The One Thing is we're trying to achieve as an organization.
A client recently asked me for guidance on how she should gauge her managers' understanding of their organization's strategic plan. She doesn't believe her managers fully appreciate how important their roles are in ensuring the plan succeeds.
We've hit that part of the Strategic Planning process with a few of our clients: It's time for them to put what they've developed to the test. Specifically, a few clients are facing difficult situations with select key staff members.
The vision and mission are two separate and distinct components of your most important leadership tool: the strategic plan. And unlike many others who work in strategic planning, I'm a stickler when it comes to clients understanding the purpose of a vision statement and a mission statement.
Yesterday after giving a speech on leadership, I had lunch with several business owners. All of their businesses generate revenues of $5Million to $50Million in annual revenues.