Simplify Strategic Execution and Business Growth
The degree of business success heavily relies on the business planning process, execution, and follow-up. These pillars are critical in aligning teams with the overarching strategy, turning vision into tangible bottom-line results, and building the organisation of the future. Mastering these elements isn’t just beneficial; it’s essential for any organisation aiming for excellence.
Have you ever left a meeting with actions unclear or found it impossible to follow up? Are your follow-ups impactful and goal-oriented, or merely routine updates on business as usual? Does the chaos of daily operations often sidetrack meetings?
As you consider this topic, Howwe offers leaders and employees a methodology and strategic tool that prioritises what’s most important to your whole organisation, allowing for improved collaborative planning and visualised performance progress and measurement. Let’s explore these processes before delving into Howwe Technologies’ recommended meeting types to actualise your vision.
Mastering The Strategic Trio: Planning, Execution, and Follow-Up
Quality Planning:
The foundation of successful strategies requires clarity, coherence, and adaptability within teams. The real test is extending this across the organisation, considering the nuances of cross-functional dynamics.
Operationalizing Strategy:
A strategy confined to presentations is inert. Bringing it to life means transitioning it from static concepts to actionable steps that resonate across every organizational level. Is your plan reaching far enough ahead, is it strategic in its targets yet tangible enough to resonate with clear milestones and activities in the shorter term?
Strategic Follow-Up:
The vitality of a strategy over time is sustained by how we review, refine, and measure it. Effective follow-up acts as your compass, ensuring the organisation doesn’t revert to well-worn paths and ‘drop-down’ to an operational focus. Is the progress to plan, measurable and visible enough, and linked to financial goals to keep teams, including even teams 3, 4, or more levels below the executive level, energised and engaged? Are the right people connected with each other and working on the right things, at the right time, and collaboratively with the right behaviors?
Streamlined Strategic Meetings with the Annual Planning Wheel
Leaders at all levels of the company should embrace the Annual Planning Wheel by Howwe Technologies to transform time-consuming meetings into efficient strategy-focused sessions. This framework emphasises the correct cadence of planning, execution, and follow-up, with meeting types acting as strategic catalysts to simplify strategic execution. This structured approach ensures clear leadership expectations, prevents distraction by short-term tasks, and aligns the organisation for swift strategy realisation.
For an in-depth guide with actionable agendas, optimised schedules, and proven practices, download our free e-book, “Mastering Yearly Planning for Business Excellence.”
The all important “Acceleration Meeting”
Held with your Board, Executive or any Management Team at every level, including cross-functional teams, this broad meeting reviews past achievements and plans for the next cycle. The Acceleration Meeting is also a tool within Howwe’s digital platform that you use to record progress and make commitments towards the next planning or activity cycle; ensuring the team remains focused. Diarise weekly, bi-weekly, or monthly meetings according to your own cadence and pre-schedule these meetings throughout the year as critical checkpoints to maintain momentum and prioritize initiatives. They serve as the heartbeat of your strategy, promoting engagement and accountability towards key objectives.
Milestone Deep-Dive
These CEO-led sessions review initiatives and milestones, holding teams accountable for their progress and commitment. The meetings focus on providing strategic support for challenged or focused business segments, ensuring management engagement for the broader organisation to execute. Separate these sessions into both retrospective and prospective analyses and focus on quality over quantity. Challenge inadequate plans, ask if there are enough or the right level of milestones or activities, or poor-quality initiatives, and decide on actions for lagging initiatives, assigning clear accountability for commitments given. Coach and if necessary confront poor performance.
One-on-One Initiative Reviews
Leaders should conduct quarterly reviews with initiative owners, focusing on the milestones of execution as much as the purpose & objectives. Utilise Howwe’s sprint planning tool to align activities with your Most Important Goals (MIGs). Regular leader check-ins foster transparency and facilitate discussions on milestones and overdue activities, enabling strategic course corrections and progress tracking. For instance, can you quickly see if your milestones or actions are falling on the same people rather than across the team and who is not contributing ‘at a glance’ in your current way of working?
Strategic mastery isn’t merely about setting goals but also about the systematic alignment of every team and engagement of their actions to the company’s vision. In the journey towards strategic mastery, the path is made clearer with Howwe. As you embrace this approach, you’ll find your organisation doesn’t simply reach its potential but smashes it. Success is not a one-time achievement but a consistent pattern of excellence. With Howwe, you’re not just planning for success; you’re executing it in small pieces daily. Begin your journey to strategic excellence today—let Howwe unlock the potential of your team and turn your strategic vision into your business’s reality.
Article by Howwe ANZ Pty Ltd