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Ask an employee at each of 100 top global companies, "What are your organization's
top strategic goals?" and you'll probably be on the receiving end of 100 puzzled
glances—or shrugged sets of shoulders.
Denise A. Harrison, a consultant with Center for Simplified Strategic Planning,
Inc., sums up how she felt when she first learned that the employees of her financial
services firm weren't on the same strategic page as company managers.
"Thoroughly discouraged," she remembers, although circumstances seemed to indicate
otherwise. "For the past two years I had been president of a financial services
firm and we had some key success metrics under our belt, the company was now solidly
profitable, cycle time had decreased by 60%, (and) we had earned more this past
year than in the past decade."
The problem? Harrison and her Human Resources Director had just received responses
to a recent employee survey, and they were bothered by consistent answers of "No"
to the following two questions:
- Are you familiar with the company's strategy?
- Do you know what you need to do in your position to move the company forward?
To find out how the company had failed to properly convey its "big—picture" strategy,
Harrison and her team reviewed how it had been previously communicated to employees.
Talking the talk isn't enough.
Each year, Harrison and her management team kicked off Q1 with a company
wide meeting, during which she presented to the entire staff the strategy—and key
objectives—the company's senior development team had outlined for the next three
years. They solicited feedback in question-and-answer sessions after each presentation.
Also, two days were set aside each quarter for smaller group meetings, in which
customers felt more open to speak up than company wide settings. Strategic goals
and key objectives were reiterated, and quarterly progress was charted. Even then,
says Harrison, "employees did not relate their day-to-day reality with the strategy."
Obviously, something had to be done—something to engage employees at all levels
to begin thinking strategically. Finally, the management team had an idea: What
if each department was empowered to proactively consider their respective role within
the overall strategy and develop its own set of objectives to help support it?
Communicating strategy is a two—way street.
In the next year's company wide kickoff meeting, the three-year strategy
and key objectives were again conveyed, but instead of the usual Q&A session,
the meeting ended with a challenge to each of the company's departments to present—in
an upcoming monthly meeting—"what it intends to do in the upcoming year to support
the company strategy and move the company forward."
Business as usual came to an abrupt halt. "There was a flourish of activity in all
departments preparing for the next meeting," Harrison recalls, "Each department
looked forward to its chance to show its importance to the rest of the company."
Each department was asked to select a spokesperson and respond to six questions
in the upcoming meeting:
- What are we doing that moves the company forward?
- Is there anything we are not doing that we should be doing?
- Is there anything that needs more emphasis?
- Is there anything that we should stop doing?
- What is required from us from other departments for them to accomplish what they
need to do to move the company forward?
- How can we enlist the support from other departments to help us achieve our goals
and objectives? The post—meeting results showed just how effective the new procedure
had been. Employees knew the company strategy. Each associate knew exactly what
he or she could contribute to help move the company forward. And the ideas created
in the departments were far better than the direction the management team
could have ever provided.
Harrison offers a 4—step series of guidelines for evaluating and communicating your
company's strategic vision:
1. Review your strategy
—Review the corporate strategy, goals and objectives, ensuring that associates
understand "the big picture."
2. Analyze your situation
—Hold a team meeting for each department to review the corporate strategy,
goals and objectives.
—Ask the department who its customers are: internal and external?
—What are the needs and preferences of the different customer groups?
—What are the technology issues?
—Are there any supplier issues?
—Are there any issues driven by the economy?
—Are there any regulatory issues?
—What are the departments' strengths and weaknesses?
—What new opportunities could the department pursue?
3. Develop departmental objectives
—What are the 3—5 most important projects for the department to complete
in the next 9—12 months?
—How do these objectives support the overall corporate strategy? If they do not,
should they be departmental objectives?
4. Plan and implement
—Develop action plans for each objective.
—Are you dependent on any other department to achieve any of the objectives?
—Get approval to move forward with the objectives.
Her advice? "Developing a strategy will help your company optimize its future. Ensuring
that the whole company is aligned with corporate strategy will help you achieve
corporate goals and objectives in a shorter time frame."
Louise Axon, Senior Vice President of The Forum Corp., summarizes how employees
eventually "internalize" a company's strategy, aligning it with their own personal
core values:
"As employees come to understand the company's strategy and how it applies to what
they do," he writes, "they also come to understand how what they do impacts the
corporate strategy. That realization empowers them to think creatively, recognize
new opportunities and take appropriate risks. But leaders and their charges are
not left to their own devices to take risks and fail. They are supported through
coaching, mentoring and peer relationships that encourage new ideas, allow appropriate
risk—taking and improve the possibility of success. Employees learn to lead, and
by leading, they learn."
SUMMARY
Engaged employees who understand your company's strategic objectives are front—line
ambassadors for your company. They feel more focused, knowledgeable and supported—a
feeling that's sure to be transferred to customers and prospects.
For more information about engaging employees and communicating company strategy,
contact us at http://www.surveymethods.com/contactus.aspx
today!
Quotes:
"Developing a strategy will help your company optimize its
future. Ensuring that the whole company is aligned with corporate strategy will
help you achieve corporate goals and objectives in a shorter time frame."
—Denise A. Harrison, Center for Simplified Strategic Planning, Inc.,
As employees come to understand the company's strategy and
how it applies to what they do," he writes, "they also come to understand how what
they do impacts the corporate strategy. That realization empowers them to think
creatively, recognize new opportunities and take appropriate risks.
—Louise Axon, Senior Vice President, The Forum Corp.
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