- Set aside time every day to consider the next few days (5-10 minutes). It’s a good idea to work a week ahead on a running basis.
- Set aside time once a week (1 hour) to consider the next month. Apply the same running approach by focusing on the next month on a weekly basis. This allows you to integrate and assess new information periodically while staying a month ahead.
- Quarterly reviews and projections for the next year on the same basis are required. Don’t just focus on getting to the end of the current year. This is endemic in businesses trying to “make their numbers” in the final quarter. That’s fine at the tactical level, but if you’re only concentrating on the next weeks and months, you’re going to miss implementing needed changes and plans for the next year(s).
- Finally, at least once a year, preferably every 6 months, conduct a strategy/planning session to look out 18-36 months. The actual timeframe will depend on the nature of your business, speed of change, competitive threats and opportunities, and financial position and projections. This comes in addition to your annual strategic planning cycle I described a few weeks ago.
- Ensure vigilance through situational awareness.
- Do preliminary assessment of tasks and time.
- Activate organization or team.
- Conduct reconnaissance.
- Do detailed situational estimate.
- Conduct wargame and decide on optimal course(s) of action.
- Perform risk management and contingency planning.
- Communicate plan and issue direction.
- Build organizational robustness.
- Ensure operational continuity.
- Lead and control execution.
- Assess performance.
Contact me to apply the whole thing–or just a piece, as needed–to improve your strategy, your readiness… and your results!
My name is Richard Martin and I’m an expert on applying readiness principles to position companies and leaders to grow and thrive by shaping and exploiting change and opportunity, instead of just passively succumbing to uncertainty and risk.