Alignment

CEO Brief: Take a Self-Assessment Based on The 6 Critical Success Factors for Building an Aligned, Highly Functioning and Strategic Leadership Team

For years we have encouraged our CEO colleagues to think beyond the off-site agenda and to embrace the concept of building a strategic planning process that ensures follow through. Now, we are encouraging you to take that thinking one step further.  

Ask these key questions:

1. What can and must I do to deliver on my CEO responsibility of building an aligned, highly functioning strategic leadership team?   

2. How can our strategic planning activities contribute to the achievement of this goal?

The Raffoni Group's Strategic Leaders Program is built on Six Critical Success Factors that should be considered as you thoughtfully craft your strategic planning activities.

  1. A Visibly Engaged CEO Champion

  2. A Leadership Team with Highly Functioning Executive Skills

  3. The Separate Treatment of Strategy and Operations

  4. A Set of Clear and Measurable Strategic Goals

  5. An Effective Leadership Governance Plan

  6. An Aligned and Motivated Organization

If you want a smart strategy and an exceptional team to lead the execution of such a game plan we challenge you to hold up the mirror and ask yourself the 20 CEO reflection questions in our CEO Brief The Six Critical Factors for Building an Aligned, High Functioning Strategy Leadership Team.

Click here to DOWNLOAD the Brief.

 

ADDITIONAL ARTICLES

What a Strategic Scorecard Is and Why You Should Care

By Melissa Raffoni

Ask any CEO, “What is your company's strategy?" and I bet you’ll get a variety of answers depending on that person's definition of the word strategy – ranging from Michael Porter’s classic teachings on the “barriers to entry","differentiation", and "focused trade-offs"...to Webster's basic definition of simply having a plan to achieve a particular goal.   

Define it as you will, my intent in this post is to encourage you to go beyond the definition and understand the importance of building a Strategic Scorecard to support your strategy.

What is a Strategic Scorecard? It's a document—a communication tool —that clearly lists carefully articulated strategic goals with associated measures of success and accountable owners. 

 Ideally, a Strategic Scorecard is:

  • On one page
  • Built through the collaboration of the company's leadership
  • Focused on strategy not the day-to-day business operations or "business as usual" activities
  • Clever, unique and grounded in solid strategic principals aimed at helping the company to succeed in the market
  • Worked on with regular cadence during a dedicated strategy meeting

What can it do for you? A Strategic Scorecard accomplishes a lot of objectives, but three important ones include:

1)   It acts as one of the tools for building alignment and agreement amongst your company's leadership and appropriate level of staff.

2)   It provides a basis for communication, reflection and problem solving, inspiring questions like…Did we get the Strategic Goal right? Why are we not on track? What do we need to do differently to get on track? Should we double down? 

3)   It brings rigor and discipline to teams, helping them to focus on "working on the business" in the midst of their busy day-to-day work lives.

Creating a strong Strategic Scorecard can be a challenge for teams, but it is well worth the effort. It's key to remember that the use of the Scorecard is just one piece of building in an on-going and evolving planning, communication, and accountability process that will help your team to be more effective.  

If the effort put in to created your Scorecard is solid, your outcome will be a clearly aligned and motivated team, a higher probability of execution success, and most importantly—stronger business results. 

Read my colleague Ed Barrows' article, How to Improve Your Strategic Scorecard, to take the next step.

 

ADDITIONAL ARTICLES