Posts tagged ‘Strategic Planning’

Sadly, many organizations don’t realize the importance that values play in financial success.  Values are the building blocks for strong companies that want to retain customers as well as stay in business altogether.   One might get by for a few years by skirting the “values” issue, but it will come back to haunt you at some point; with client turnover, employee turnover, or both.

Company values should be identified and named before the mission is stated.   The mission statement addresses, “Why we exist.”   The vision of the company is built from the mission, and then goals and objectives as well as measurements come from the vision.

Here are 15 of the most often cited Corporate Core Values:

  1. Honesty
  2. Integrity
  3. Fairness
  4. Ethical
  5. Customer-Centered Service
  6. Learning Environment
  7. Innovative
  8. Efficiency
  9. Financially Sound/Secure
  10. Best Practices
  11. Fulfilling and rewarding employment
  12. Continuous Improvement
  13. Community Involvement
  14. Excellence
  15. Fun and Engaging culture

So…

  • Determine and name your core values
  • Develop your mission statement (Why you exist)
  • Determine your vision statement (What you want to be)
  • Set your goals and objectives
  • Utilize measurements for goals and objectives
  • Enjoy the fruits of your labor

As promised, I will share the list of ten strategic drivers you can choose from in setting the future for your organization. The important part of this message is to understand you make a single choice between ten strategic drivers. Remember you can only have one strategic driver for the organization, the only exception is possible when you have multiple business units requiring different strategic drivers.

Today I will introduce you to the ten strategic drivers and share a brief explanation of their meaning. Next week I plan to go into more detail particularly identifying the key strategy to incorporate with each strategic driver. The discipline part comes into play with the identification of Areas of Excellence that must be mastered by the organization or the market leader goal will be missed.

So what are the ten strategic drivers? Here they are… Continue reading ‘You Choose the Strategic Driver for Your Organization’ »