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Strategy Huddle   TM




with MyStrategicPlan


       Powered by
Purpose & Ground Rules



   Purpose       Answer real-world questions, handle high-level
                 strategy issues, and share best practices on
                 strategy, execution, planning

   Duration 45-60 minutes

   Your          Ask questions: Questions can be submitted via
   Role          the Chat Box on right at any time. **

                 Offer suggestions: Share your experience via the
                 Chat Box during the topic at hand

   Details       Session is being recorded and a follow-up email
                 this week will include a link to this huddle as well
                 as the supporting slides.
About Us


      In the past three years we have…
      Managed 100+ strategic planning processes
      Deployed 800+ strategic management systems
      (MyStrategicPlan, MyNonprofitPlan, MyChurchPlan)
      Built consensus and commitment with 3,000+ executives,
      managers, boards
      Empowered 1 million+ strategist & soon-to-be strategists
Agenda




   I.    Strategy Stat of the Month

   II.   Creating Useful Measures for Execution

   III. Case Study: Creating Strategic Alignment in a Loosely
         Organized Company

   IV. Case Study: Knowing if you Need to Change your Business
         Model

   V.    Tap into the Wisdom of the Crowd: Your Questions (Time
         Permitting)
Strategy Stat



   WHAT MATTERS MOST TO STRATEGY EXECUTION

   Strategy Stat:
   2 to 1 (rights and info over motivators and structure)




   Source: “The Secrets to Successful Strategy Execution,”
            HBR June 2008, pp60-70 - Neilson, Martin and Powers
We are stuck on developing metrics. What are some tips or
suggestions you have to create ones that are usable?



CREATING USEFUL MEASURES FOR
EXECUTION
What they should do


      Provide a way to see if your strategy is working

      Focus employees', managers’ and board’s attention on
      what matters most to success

      Provide for employee development so as to empower
      the team

      Should provide common and understandable language
      for communicating to others

      Are valid and realistic, to ensure measurement of the
      right things

      Are verifiable, to ensure accurate data
Guidelines



   Good Performance Measures must be
   based on the following:
       –     Explicitly defined ownership,
       –     Precise unit of measure that is verifiable,
       –     Specific data collection frequency, and
       –     Realistic targets, plus any thresholds along the
             way.
Scorecard Template
Summary Actions



   1. Identify the right measures.
   2. Establish increments that mesh with the targets.
   3. Identify the data source.
   4. Determine your collection tool.
   5. Assign responsibility to input numbers based on
      the period.
   6. Evaluate each quarter.
Case Study:
CREATING STRATEGIC ALIGNMENT IN
A LOOSELY ORGANIZED COMPANY
Organizational Structure


                                                                   District
                                                                  Executive
                                                                      1
               Deputy Chief
                  Scout
                Executive                               Scout
                                                      Executive
  Legal
Department                                                         District
                 Council        Regional    Area                  Executive
                Operations      Director   Director                   2



 Chief Scout
               Development
  Executive                                            Council    Executive
                                                      President     Board


                Resources &
  Director       Strategy
 CSE Office


               Administration
                 & Finance
National Strategy
Department Strategy
Council Strategy
Summary Actions




   Steps taken include:
      Created a generic balanced scorecard framework
      Syncing up the National Strategy with the balanced
      scorecard framework
      Decided to keep the goals for the departments
      aligned with National
      Decided the Council (franchisee) would have the
      same framework but not the same goals
Case Study:
KNOWING IF YOU NEED TO CHANGE
YOUR BUSINESS MODEL
Business Model Diagram
Business Shift in Action
Business Model Diagram


  The Attractional Model


                   Overseas                            Front Desk
                   Churches        Being part of a       Service
   2-4 Church                       big corporate
                                    body of like-                      Baby Boomers
   Campuses
                 Large Services        minded
                                                      “Build-it, and
                Event Production     individuals
                                                     They will Come”
                 Sunday School



                                                         Large
                   Facilities
                                                     Congregational
                 Large Support
                                                       Offerings
                     Staff
                                                      Endowments
Business Model Diagram


  The Missional Model


                    Local Churches
                                                          Communities
                   Other NonProfits   Being part of a
    Distributed                                           Co-Creation
                  Community Groups    small, intimate,
  communication                                                              Gen X
                                         relevant                          Millennials
    network to
                     Community         community of
   hundreds of                                            Meet people
                      Building           believers
     locations                                           where they are
                      Outreach




                    Technology                           Small Offerings
                   Mobile Systems                         Fundraisers
Summary Actions



      Is your business model changing?

      If No – Keep in the back of your mind the business
      model discussion so you can ask the question that
      will influence the corporate strategy.

      If Yes – Work up your Business Model Canvas.
      We’ll send a link to the template.
Wisdom of the Crowd




    Any insights you would like to share related
              to one of today’s topics?


        What are some strategy or execution
        questions you would like to discuss?
Next Huddle


      9am PT on Wed, July 28th

      Send in questions for the next Strategy Huddle to
      admin@mystrategicplan.com (reference the Strategy
      Huddle in the subject line)

      Interested in sharing/presenting a best practice as a
      Strategy Leader? (send email to
      admin@mystrategicplan.com and reference the Strategy
      Huddle in the subject line)

      Follow us on Twitter @MyStrategicPlan

      Today’s session is being recorded and a follow-up email this
      week will include a link to this huddle as well as the
      supporting slides.
Contact Information




                            MyStrategicPlan
                           465 Court Street
                         Reno, Nevada 89501
                          (775) 747-7407 ph

                      admin@mystrategicplan.com

             Our office hours are Mon-Fri 9am-5pm (PT).

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My strategicplan.strategyhuddle.062310

  • 1. Strategy Huddle TM with MyStrategicPlan Powered by
  • 2. Purpose & Ground Rules Purpose Answer real-world questions, handle high-level strategy issues, and share best practices on strategy, execution, planning Duration 45-60 minutes Your Ask questions: Questions can be submitted via Role the Chat Box on right at any time. ** Offer suggestions: Share your experience via the Chat Box during the topic at hand Details Session is being recorded and a follow-up email this week will include a link to this huddle as well as the supporting slides.
  • 3. About Us In the past three years we have… Managed 100+ strategic planning processes Deployed 800+ strategic management systems (MyStrategicPlan, MyNonprofitPlan, MyChurchPlan) Built consensus and commitment with 3,000+ executives, managers, boards Empowered 1 million+ strategist & soon-to-be strategists
  • 4. Agenda I. Strategy Stat of the Month II. Creating Useful Measures for Execution III. Case Study: Creating Strategic Alignment in a Loosely Organized Company IV. Case Study: Knowing if you Need to Change your Business Model V. Tap into the Wisdom of the Crowd: Your Questions (Time Permitting)
  • 5. Strategy Stat WHAT MATTERS MOST TO STRATEGY EXECUTION Strategy Stat: 2 to 1 (rights and info over motivators and structure) Source: “The Secrets to Successful Strategy Execution,” HBR June 2008, pp60-70 - Neilson, Martin and Powers
  • 6. We are stuck on developing metrics. What are some tips or suggestions you have to create ones that are usable? CREATING USEFUL MEASURES FOR EXECUTION
  • 7. What they should do Provide a way to see if your strategy is working Focus employees', managers’ and board’s attention on what matters most to success Provide for employee development so as to empower the team Should provide common and understandable language for communicating to others Are valid and realistic, to ensure measurement of the right things Are verifiable, to ensure accurate data
  • 8. Guidelines Good Performance Measures must be based on the following: – Explicitly defined ownership, – Precise unit of measure that is verifiable, – Specific data collection frequency, and – Realistic targets, plus any thresholds along the way.
  • 10. Summary Actions 1. Identify the right measures. 2. Establish increments that mesh with the targets. 3. Identify the data source. 4. Determine your collection tool. 5. Assign responsibility to input numbers based on the period. 6. Evaluate each quarter.
  • 11. Case Study: CREATING STRATEGIC ALIGNMENT IN A LOOSELY ORGANIZED COMPANY
  • 12. Organizational Structure District Executive 1 Deputy Chief Scout Executive Scout Executive Legal Department District Council Regional Area Executive Operations Director Director 2 Chief Scout Development Executive Council Executive President Board Resources & Director Strategy CSE Office Administration & Finance
  • 16.
  • 17. Summary Actions Steps taken include: Created a generic balanced scorecard framework Syncing up the National Strategy with the balanced scorecard framework Decided to keep the goals for the departments aligned with National Decided the Council (franchisee) would have the same framework but not the same goals
  • 18. Case Study: KNOWING IF YOU NEED TO CHANGE YOUR BUSINESS MODEL
  • 21. Business Model Diagram The Attractional Model Overseas Front Desk Churches Being part of a Service 2-4 Church big corporate body of like- Baby Boomers Campuses Large Services minded “Build-it, and Event Production individuals They will Come” Sunday School Large Facilities Congregational Large Support Offerings Staff Endowments
  • 22. Business Model Diagram The Missional Model Local Churches Communities Other NonProfits Being part of a Distributed Co-Creation Community Groups small, intimate, communication Gen X relevant Millennials network to Community community of hundreds of Meet people Building believers locations where they are Outreach Technology Small Offerings Mobile Systems Fundraisers
  • 23. Summary Actions Is your business model changing? If No – Keep in the back of your mind the business model discussion so you can ask the question that will influence the corporate strategy. If Yes – Work up your Business Model Canvas. We’ll send a link to the template.
  • 24. Wisdom of the Crowd Any insights you would like to share related to one of today’s topics? What are some strategy or execution questions you would like to discuss?
  • 25. Next Huddle 9am PT on Wed, July 28th Send in questions for the next Strategy Huddle to admin@mystrategicplan.com (reference the Strategy Huddle in the subject line) Interested in sharing/presenting a best practice as a Strategy Leader? (send email to admin@mystrategicplan.com and reference the Strategy Huddle in the subject line) Follow us on Twitter @MyStrategicPlan Today’s session is being recorded and a follow-up email this week will include a link to this huddle as well as the supporting slides.
  • 26. Contact Information MyStrategicPlan 465 Court Street Reno, Nevada 89501 (775) 747-7407 ph admin@mystrategicplan.com Our office hours are Mon-Fri 9am-5pm (PT).