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Solving the Mystery of Execution - Part 1

To help companies evaluate their effectiveness in executing their strategies, we've created a checklist of questions to help them determine the combination that hinders their success. Included on this checklist are questions about Vision, Mission, Objectives, Strategies, Communication, Organizational Culture, People, Organizational Structure, Leadership, Resources, Activities, and Distractions. In this article, we included the questions about Vision, Mission and Objectives. We'll discuss the other components and include their checklists in subsequent newsletters.

Rate your company on a scale of 1 to 7:

1 = not at all
4 = average performance
7 = exceptional performance

-
Rating
Vision - What it is that you are building?
-
1.
Our Vision is clear and compelling
2.
Our Vision is realistic and attainable.
3.
Our Vision considers our business environment.
4.
Our Vision considers our customers, both current and future.
5.
Our Vision considers our markets, both current and future.
6.
Our Vision considers our competitive landscape.
7.
Everyone knows what our Vision is.
8.
Everyone is committed to making our Vision a reality
-
Mission - Why does your business exist?
-
1.
Our Mission is clear
2.

Our Mission is compelling

3.
I can see my place within our Mission
4.
Our customers see value in our existence
-
Objectives - What results will you measure? -
1.
Our Objectives are aligned with our Vision
2.
Our Objectives will help make our Vision a reality
3.
Our Objectives are realistic
4.
Our Objectives are measurable
5.
Our Objectives are clearly assigned to people who are accountable for achieving them
6.
Our Objectives are balanced between financial, customer, process and growth/learning
7.
Everyone understands the Objectives and their individual contributions for achieving them
8.
Everyone is committed to meeting the Objectives
-
Add up your scores for all three categories. You can score between 0 and 147.

If you scored over 91, you are doing an above average to exceptional job of creating and communicating your Vision, Mission and Objectives. You have the first part in place and a good framework around which to build your plans of action.

If you scored between 54 and 91, you are doing an average job of creating and communicating your Vision, Mission and Objectives. Look at the individual questions to see which area could be improved. Having a strong framework is important for establishing the right kind of execution activities that will help you realize your vision.

If you scored below 54, you definitely need help with creating a compelling Mission, Vision and the Objectives that will help you realize that vision. These components work together to create the map you will follow as you execute your plan. This needs to be clear to all involved to be successful.

Look to our subsequent newsletters for the next series of questions. If you would like these before our next newsletter or if you would like to discuss your results and learn how to create more compelling Vision, Mission or Objectives, please call us at 630-377-4300. Outside Illinois call 888-668-9382.


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©2006 Strategic Enhancement Group. All rights reserved.