The "Outlining Organisational Framework" strategy is designed to develop an effective structure for an organisation by focusing on three main areas: objectives, values, and KPIs. Setting clear objectives involves gathering leadership to define actionable goals, incorporating strategic priorities, and aligning these with industry trends. For example, conducting a SWOT analysis helps determine what the organisation should focus on to remain competitive.
Defining and communicating core values focuses on integrating shared beliefs into the company culture. For instance, organising workshops to identify resonant values ensures all voices are heard and the resulting values are relatable and genuine.
Finally, implementing an effective KPI system ensures that performance is measurable, aligned with strategic goals, and communicated transparently. This involves determining relevant KPIs for various business areas, regularly reviewing performance, and using this data to make informed decisions. Celebrating successes and addressing areas for improvement based on KPI data helps in maintaining motivation and focus.
The strategies
⛳️ Strategy 1: Set Clear Objectives
- Convene a leadership meeting to discuss the overarching goals of the organisation
- Review previous mission and purpose statements to determine relevance
- Conduct a SWOT analysis to define strategic priorities
- Identify key stakeholders and seek their input on organisational direction
- Develop specific, measurable, achievable, relevant, and time-bound objectives
- Establish criteria for success for each objective
- Align objectives with the broader industry and market trends
- Create a narrative that communicates the mission and purpose effectively
- Establish a timeline for achieving outlined objectives
- Review and adjust objectives regularly to maintain relevance
⛳️ Strategy 2: Define and Communicate Core Values
- Organise workshops with employees to identify core values that resonate
- Analyse existing company culture to see how it aligns with proposed values
- Develop a clear set of core values with input from all levels of the organisation
- Draft a values statement that is easy to understand and remember
- Incorporate the values into the company's mission and purpose statements
- Ensure values are communicated effectively across all communication channels
- Embed values into company policies and employee handbooks
- Offer training to employees on how to embody these values in their work
- Highlight stories within the organisation that reflect core values being lived out
- Regularly revisit and update values to reflect changes in the organisation or market
⛳️ Strategy 3: Implement an Effective KPI System
- Identify core areas of business that require performance measurement
- Determine KPIs that align with specific business objectives and priorities
- Ensure KPIs are quantifiable and easily trackable
- Implement data collection systems and tools to monitor KPIs accurately
- Assign responsibilities for KPI tracking to relevant team members
- Establish a regular review cycle for KPI performance analysis
- Create dashboards or reports for transparent communication of KPI performance
- Use KPIs to provide feedback to employees and align performance with organisational goals
- Adjust KPIs periodically to reflect shifts in business priorities or market conditions
- Celebrate successes and address areas needing improvement based on KPI outcomes
Bringing accountability to your strategy
It's one thing to have a plan, it's another to stick to it. We hope that the examples above will help you get started with your own strategy, but we also know that it's easy to get lost in the day-to-day effort.
That's why we built Tability: to help you track your progress, keep your team aligned, and make sure you're always moving in the right direction.
Give it a try and see how it can help you bring accountability to your strategy.
