Those Lazy, Hazy, Crazy Days of Summer

Posted: June 25, 2017 in Readiness & Strategy
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by Richard Martin

That’s the title of a song popularized and sung by Nat King Cole. Here in Canada, and especially in Quebec, things tend to get lazier, hazier, and yes, even a bit crazier, in the summer. I think it has to do with our (he says clearing his throat)–shall we say–interesting climate? Canadians spend most of the year fighting against the weather, so when it gets nice for about 2 months in the summer, we tend to let things ride a bit more. Unfortunately, a lot of people kick back so much that they put everything on hold. “Too many key people are on vacation.” “We’ll get to this after the summer.” “Nobody’s thinking about this right now, so don’t be a party-pooper.”

Well, life goes on. We can’t just pretend that business and life stop because it’s summer. In most areas of the world, summer is actually when things get done and life gets more hectic. Back in January I kicked off the new year with a list of the steps for ensuring the continuous and continuing focus throughout the year on building organizational and strategic readiness (See this link.). Not just once or twice, but actually incorporating a readiness mindset into all your processes and systems on a regular basis.

Here’s what I suggested for the 2nd quarter:

April-May: Issue guidance for next fiscal year so that the entire organization can identify their planning focus and prepare to hit the ground running when the next year starts. These plans should be briefed up the “chain of command” so they are fully aligned with the strategic and operational guidance and direction.

June: Review performance of first half and adjust plans and focus to end of current year. Submit initial budget forecasts, especially for funding of special projects, new product development, marketing initiatives, etc.

And for the 3rd quarter:

July-August: Senior leadership reviews long-term plans and projects under the 2-3 year forecasting framework. Budgets and plans at all levels are reviewed and adjusted in accordance with strategic forecasts and intent for next fiscal year (starting in 4-5 months).

September: Senior leadership confirms overall budgets and plans for next fiscal year and issues updated guidance and direction to organization. Subordinate elements of the organization adjust their plans and forecasts to align with this guidance.

Well? How are you doing so far? It’s not too late to get caught up on the 2nd quarter tasks. As for July and August, these are the perfect months to look ahead and gain a sense of where you will head at the start of the next year.

Seems a bit premature? Actually, it’s when people are focused on other things, on their vacations, and the fine weather, that you should be thinking ahead. You probably have a bit more time to reflect and plan, and to prepare for the post-Labour Day rush (see September above).

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