That’s why, just as the discipline of Business Agility, this concept has to stay flexible and improve.
The Howwe Community serves to keep pushing the frontier of Business Agility, growth, and Strategy Acceleration.
And you are invited to help out.
Most Important Goals
MIG stands for Most Important Goal, and indicates the top priority a team, department, or company wants to achieve. A team has a maximum of two MIG at any time, all of which aim to reinforce the overarching company MIG.
Each manager sets a MIG for their team in collaboration with the team members. It should be measurable by month or quarter, within reach for the team to achieve, and ladder up to the overall company MIG. Senior managers can veto a MIG, but they cannot decide it for themselves without team participation.
A MIG takes priority over other existing goals that you may have. Being clear and knowing what to prioritize leaves more time to focus on the outcomes of your actions.
- No team should focus on more than two MIGs at a time
- Each MIG should have a clear, measurable target and timeline.
- Each employee can provide input on the MIG for their team
- Each MIG should ladder up to or influence the company’s overarching MIG
The difference between AKPI and other daily tasks or activities is that AKPI corresponds directly to the MIG. By measuring AKPI on a continuous basis you increase the likelihood of achieving the MIG. This makes it easier to know if your goals are achieved by the end of the set period. This means that the purpose of your AKPI is not to completely drive all that you’re measured on, but only your Most Important Goals.
Just as with MIG, having too many AKPI would be counterproductive towards prioritizing the right things. However, just as MIG can vary a lot, so can the AKPI that correspond to those goals. That’s why you could have more than one AKPI that drive progress towards one of your MIG.
The Acceleration Meeting is all about effectiveness. This is the 15 minute check-in each week for your team to reflect on AKPI results to date and discuss next actions in pursuit of your MIG.
Acceleration Meetings help your team to take a break from day-to-day execution and take time to focus on the long-term strategy. This meeting is an important part of your teams’ development and highly relevant to your overall progress. Make sure to prioritize this meeting and have each team member every week.
As the team manager, you will lead the meeting and share the Howwe dashboard for everyone to see.
- How are we performing relative to each MIG? As a team and individuals?
- How did we perform during the previous period?
- How are we doing relative to targets and AKPIs over time?
- What are our commitments this coming week?
- Summarize the teams overall commitments for the coming week.
The transparency of this Way of Working will not only show you better results on your goals, but also through clarity raise the team spirit of your team.