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STRATEGIC FOCUS AND PLANNING

For our businesses to continue to thrive, we must constantly evolve and adapt to changing needs of the market and our clients. Transformation only happens when we focus on it, and at the beginning of every quarter, it is time to take stock of our areas of focus and determine if we need to change or pivot our direction. Be strategic. Consider the impact of technology, talent, and operational changes to help you continue to grow and remain competitive.

Q1 REVIEW

Strategic focus sustains and builds on an organization’s high performance and effectiveness. Set aside time to conduct a Q1 review:

Step 1: List your three biggest wins and accomplishments from Q1.
Step 2: How far did you get on your Q1 goals?
Step 3: In Q1, list what worked and what didn’t that you can learn from.
Step 4: Define what you will keep doing, improve upon, stop doing and start doing due to this review.
Step 4: List your goals for Q2 and who will be accountable for the results by when.

STRATEGIC FOCUS TIMING

Remember it takes time to define your focus, implement and execute the action.

    • 20% planning
    • 40% implementation and change installation effort
    • 40% sustaining high-performance effort on the direction and plan over the long term

NO STRATEGIC PLAN?

If you don’t have a strategic plan, it is time to work on one. There are three core phases to follow:

Phase One – Assess and Organize

    • Environmental scan and organization assessment

Phase two – Strategic Design and Plan

    • Define company positioning
    • Articulate customer focus
    • Clarify competitive strategies and critical success factors

Phase three – Operational Design

    • Plan priorities
    • Strategic budgets
    • Performance management systems
    • HR management strategies

COMPONENTS OF A WRITTEN STRATEGIC PLAN

There are core components of a strategic plan. The points below can be used as a checklist for you in the design of your plan:

    • Introduction – opening defining your ‘why.’ Include your company vision, mission and values
    • Current State Assessment (SWOT: Strengths – to build on, Weaknesses – to eliminate, opportunities and threats))
    • Environmental Scan
    • Marketplace (segments and characteristics) Analysis: key customers, main products and services, the value of segment, market share percentage, industry competitors, the life cycle of product or service
    • Organizational Goals
    • Key Success Factors (KSF) and Action Plan (Areas of concentration, actions to develop target measures and baseline data, who is responsible and due date)
    • Core Strategies and Actions for Each Strategy
    • Major Change Summary (summary of significant changes desired over the life of the strategic plan) and Change Management Structure
    • Priority Actions (key must-do actions in addition to the day-to-day operations and other stats that you can complete in addition)and Implementation Game Plan
    • Annual Plan Format – break this down into a yearly roadmap

TIPS FOR SUCCESSFUL STRATEGIC PLANNING

    1. Have the process facilitated
    2. Take an organization-wide approach and integrate all level planning
    3. Define quantifiable measures of success
    4. Include short and long-term forecasting
    5. Use transparent and straightforward terminology and language
    6. Clarify and benchmark against the competition
    7. Define strategic business units
    8. Make informed budget decisions
    9. Make tough decisions when necessary
    10. Be open to pivoting from the initial direction
    11. Implement an effective process to roll out new initiatives
    12. Empower and support staff to take action on strategic initiatives

Acknowledge that the process does not end once a document is produced. It needs to be executed on, implemented, evaluated and measured. Your strategic plan has to be a living document, one that is continually reviewed.

HOW WELL ARE YOU DOING?

On a scale of 1-5 rank (1 being the lowest and 5 the highest), your organization on the following:

    1. A culture of excellence
    2. Accountability of resource
    3. Effective and efficient business processes
    4. Collaboration and teamwork
    5. Communicated long term vision and direction
    6. Constructive problem solving
    7. Continuous process improvements
    8. Data based decisions
    9. Employee empowerment
    10. Equality of opportunities
    11. Facilities and equipment
    12. High staff productivity and performance
    13. Innovation and creativity
    14. Job design and descriptions
    15. Marketplace competitiveness
    16. Performance appraisals
    17. Profitability consciousness
    18. Quality production of products/delivery of services
    19. Resilience level to adaption to change
    20. Resources (monetary and other)
    21. Reward systems
    22. Staffing levels
    23. Team development
    24. Technology
    25. Visionary leadership

STEP ONE: Highlight any score below three
STEP TWO: Brainstorm action that could be implemented on low scoring areas to raise your rank
STEP THREE: Attain buy-in on identified actions, implement and execute

 

Plans are of little importance, but planning is essential.

~ Winston Churchill

 

If you would like more information on strategic planning, and you need someone to keep you accountable through this process, I can be contacted at +1-604-616-1967 or jenny@jennyreilly.com. If you want monthly leadership tips, sign up for my JRC newsletter or check out my social media on Instagram for top leadership advice throughout the year.

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2022 VISION – WHERE ARE YOU HEADED?

We are now into our seventh week in Q1, and it is time to refocus your attention on one or more of five key areas, which may require your time and attention:

  1. Your Vision
  2. People
  3. Data
  4. Processes, or
  5. Current Issues

Minor improvements in one or more areas can free up considerable time in your schedule and help you focus on the important rather than wasting time on workarounds. 

In what areas do you need to concentrate in Q1?

    • Is your 2022 team and company vision clearly articulated, communicated, and understood? – vision
    • Have you developed your team to enable them to efficiently handle details so you can focus on the big picture and not get stuck in the weeds? – people
    • Do you have a dashboard of data that you can regularly refer to get a complete picture of actual results? – data
    • Do your systems support your processes? – processes
    • Do you have an issues list that requires attention? – current issues

2022 VISION – WHERE ARE YOU HEADED?

Your team vision must be in line with your organizational vision. Do a temperature check with your team, ask two individuals randomly if they know the vision of the team? ‘Are you seeing what I am saying?’ Don’t assume that everyone sees the vision in the same way you do. Communicate clearly and often on the articulation of your vision. This will ensure team members do not become frustrated and confused. A compelling vision enables everyone to see the direction they are headed and how they will get there. Think of your team’s vision like a laser beam highlighting the path to take. Having a clear vision will enable you to plan action items required and help you retain focus strategically.

SURROUND YOURSELF WITH GREAT PEOPLE

It is imperative to have the right people in the right jobs. Look at your team and evaluate each member’s level of effectiveness in their roles. List accountabilities of each position, how core tasks are organized and by whom and if the structure is conducive to the roles and individuals you have in place. Is movement, training, or are additional or less staff required? 

YOUR PROFESSIONAL DASHBOARD

When driving, you often look down at your dashboard and check your speed and petrol level. Driving a vehicle is like leading a team. How can you lead effectively without knowing the details? Effective leadership requires the ability to have a dashboard or scorecard of data that will enable you to have a pulse on the work being done by your team, help you predict what may be needed and identify when areas are falling short of what is required and the action that is necessary to course correct.

Knowing your data will empower you. Understanding your numbers will help you problem solve and make decisions faster. Determine the core elements that should be highlighted on your dashboard or scorecard. Having this information will help you make decisions based on factual information.

ISSUE MANAGEMENT

All teams and organizations have areas that can be improved upon and issues that need to be addressed.

  • How do you track your issues?
  • Do you have an issue management list or a ticketing system?
  • When do you allocate time to solve identified issues?

The challenge is often that issues are identified but not resolved fast enough, which results in time and resource wastage. Allocate staffing time to solve issues, don’t let them mount if they are taking away from productivity, focus or results. Allocate time in your weekly meetings to discuss priority issues that require action and give your team permission to solve problems and clear off issues.

PROCESS MAPPING

The importance of process mapping cannot be underestimated—the need to know what needs to be done, how and in what order is essential for repetitive and scalable processes. A good process enables simplicity of action, increased efficiency, and scalability. Processes must be documented, shared, continually evaluated, and updated for maximum efficiency. 

CONTINUOUS DEVELOPMENT IN EXECUTION

Goals are not attained without discipline. A short runway of actionable steps within a quarter or 90-day period will help keep priorities aligned and provide focus on the essential item to be worked on. Just as 90-day plans are recommended, so too are frequent, preferably weekly meetings to ensure priorities are communicated, there is team alignment, and focus is on the most critical priority. 

KEEP IT SIMPLE

Simplify processes, eradicate rules when not necessary, be clear in what needs to be done, by whom, how it will be assessed, recorded and evaluated. Complexity comes with growth; however, if you can focus on using simplified processes, efficient operational systems, and delegation techniques to move work down to lessen bottlenecks, you will be well on your way to a more efficient organization. 

If you would like more information on leadership tactics and tips as you’re going through your 2022 vision, and you need someone to keep you accountable for your process and execution, I can be contacted at +1-604-616-1967 or jenny@jennyreilly.com. If you want monthly leadership tips, sign up for my JRC newsletter or check out my social media on Instagram for top leadership advice throughout the year.

 

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Goal Framework | Eradicate Your Limiting Beliefs and Step Forward into 2022

Eradicate Your Professional Limiting Beliefs

Our experiences and limiting beliefs can colour the lens through which we will view 2022. Do you have any professional limiting beliefs that you need to eradicate to move forward?

Some of the limiting beliefs that I have heard the last month include:

  • “It is not the time to make any changes, the economy is terrible.”
  • “Things aren’t going to get any better until we are all vaccinated (AGAIN!), so best to stay doing what we are doing and not make any change.”
  • “I am no good at x,y,z… that is why I can’t grow and scale my business.”
  • “I don’t have the skillset, nor experience for the position/to get promoted.”

Don’t let your assumptions on what will occur in 2022 hold you back. You can have goals around outcomes that you have control over. What goals do you want to have around your: professional life, relationship, parental, social, financial, health, fitness, and professional development.

Our thoughts around our limiting beliefs directly impact our execution of action and bottom-line results. If you can mentally switch your negative beliefs as you experience them, you will have a better year in 2022. Identify where your limiting belief came from (e.g., past negative experiences, media…) and test the validity. Limiting beliefs are just that, barriers to what we can achieve.

2022 Goals

Step Forward into 2022

If you don’t think you can achieve your goals, it will become a self-fulfilling prophecy.

Take action with the following:

Step 1

Write down five limiting beliefs that may stop you from what you want to achieve in 2022.

Step 2

Objectively evaluate each limiting belief and determine if it is empowering, or hurting you from taking the next step forward.

Step 3

Reframe or replace each limiting belief. If it crops up again, then go back to your reframed statements and use these as motivational cues to move forward.

SMARTER

2022 Goal Framework

If you are nearing year-end with a ‘To Do’ list that is so long, you feel exhausted merely looking at it. Or, if you had so many goals this year that you were unable to achieve and are reluctant to set more in 2022, I want to share a goal framework that will simplify the process for you.

Writing your 2022 goals will help you focus your efforts and set out a roadmap of action for the year ahead. Written goals provide you clarity, motivate action, and help you think through the critical steps that will be required to attain achievement.

For 2022 define seven to ten goals (a combination of professional and personal) in your control. These goals will enable you to focus efforts on what is essential. I usually set seven professional and three personal stretch goals annually.

Goals should follow the S.M.A.R.T. or, better still, S.M.A.R.T.E.R. framework. I am sure you have seen the original S.M.A.R.T. acronym that gained great popularity after General Electric adopted this goal-setting technique in their company.

The intent was to ensure all company goals were specific, had measurable criteria whereby progress can be tracked, were attainable, realistic and timely. There have been many reiterations to the S.M.A.R.T. framework, and it has morphed now into the S.M.A.R.T.E.R. goal framework. Of the various versions, the words used for the acronym differ, so I have listed the most common words referenced to the right to provide you with an overview of other additions, and you can simply choose the words that resonate with you.

S – Specific

M – Measurable or Meaningful

A – Attainable, Acceptable, Achievable or Actionable

R – Realistic, Relevant or Risky

T – Timely, Timebound, Time Keyed or Time Frame

E – Exciting or Extending

R – Reviewed, Recorded or Relevant

Your professional goals should be based on your job description, or if you are an Owner or C.E.O., the functional areas of your business that are falling short whereby you know you need to focus.

For example, business functional areas:

Marketing, R&D/Innovation, Sales, Operational, Financial, Information Technology, Human Resources, Talent Development, Personal Professional Development or Customer Focus.

After you have identified 7-10 professional and personal goals to focus on in 2022, map out in what quarter you will complete the required activities. Schedule consistent and relentless action daily towards your goal achievement. Having a plan will help you remain motivated, do better, and be a better individual.

Execution is Key

Execution is Key

Getting started is often the hardest step. To decrease the potential of procrastination, write down the first five steps required under each goal that will provide you with an excellent strategy to move forward. When you are writing down the activities under each goal, if you get stuck, simply think, ‘what would the next best step be towards completion.’

After defining the next best steps under each goal, the next challenge is how you can keep momentum through to goal attainment. For each goal, identify your top three motivators or reasons for achieving the goal. This will help you stay motivated through to completion. Remember, any action you make is better than making none at all.

 

If you are interested in learning about how professional development or executive coaching can help support your leadership or your leadership team, please reach out to askme@jennyreilly.com to schedule a convenient time for a complimentary strategy session.

Get your leadership strategies and tactics in my monthly newsletter, sign up here to subscribe.

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21 Questions to Help You Reflect on 2021 and Set Your Goals for 2022

Reflect on 2021 and Set Your Intentions and Goals for 2022

 

I asked my connections on LinkedIn and Facebook:

“If you could choose one word to describe 2021, what would it be?”

Some of the one-word responses included:

accelerating, adaptive, agility, busy, chaotic, courage, devastating, eye-opening, grit, emotional, faith, growth, hope, humbling, inspiring, interesting, opportunity, prodigious, reset, resilience, risk, stressful, transformational, unusual and a ‘waste.’

What is your word to describe 2021?

What will be your word for 2022?

I encourage you to start your planning process by first reflecting on this chaotic year we have had. Making a note of the lessons learned will help you clarify your takeaways, address areas of challenge, and help set your intentions and goals for 2022.

2021 Reflection

2021 Reflection

 

2021 Reflection Questions

  1. What was your greatest lesson this year?
  2. What were the top three challenges you overcome in 2021?
  3. What was the best decision you made in either your professional or personal life?
  4. What accomplishment are you most proud of this year?
  5. What did you learn about yourself that you were unaware of pre-COVID?
  6. What new skills did you acquire?
  7. What new habits did you integrate into your day?
  8. What did you fail to do?
  9. Are you a different person than you were this time last year? How?
  10. What exhausted you, and on the flip side, reenergized you this year?
Goal Setting 2022

Goal Setting 2022

 

2022 Intentions and Goals

  1. What 5-7 professional goals do you want to achieve in 2022?
  2. What 3-5 personal goals do you want to achieve in 2022?
  3. What are you going to STOP doing next year?
  4. What are you going to KEEP doing next year?
  5. What do you want to START doing next year?
  6. What are you planning to do to enable you to step out of your comfort zone?
  7. What relationships do you want to focus on improving in 2022?
  8. What technical or personal qualities do you want to strengthen next year?
  9. How can you improve the integration of your work and personal life?
  10. Are there any improvements you need to make to your work environment to be more productive?
  11. List 3-5 individuals (professional or personal) who are in your support circle that you can rely on for help and advice?

 

Upon answering these questions if you need some direction on setting your goals for 2022, please get in touch to book a complimentary 15-minute goal setting strategy session.

If you are interested in learning about how professional development or executive coaching can help support your leadership or your leadership team, please reach out to askme@jennyreilly.com to schedule a convenient time for a complimentary strategy session.

Get your leadership strategies and tactics in my monthly newsletter, sign up here to subscribe.

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Resilience, Grit and Optimism! | Learn from the Experts

 

Life throws you curve balls continuously. I believe that three key attributes will serve you well, resilience, grit, and optimism.

How you respond to a situation through action, language, and body language is critical. Your determination to move forward out of a situation requires grit, and to positively envisage a path ahead involves optimism. Your level of self-confidence, mood, emotions, and attitude will help you guide your journey, so you want them to be positive.

  • Look for the good in a situation — the glass half full is always better than the alternative.
  • Look for the lesson in a negative or challenging situation, name it, learn from it and move on.
  • Look for the solutions to a problem. Be curious, process issues into smaller compartments, and work through each part until you resolve the issue.
  • Relentlessly focus on your goals, and they will come to fruition.

LEARN FROM PEOPLE WHO YOU DEEM SUCCESSFUL… ASK THE EXPERTS!

 

This week ask two people who you identify as successful (professionally, personally, financially) and ask them,

 

‘Can you share three strategies you use around productivity, balancing life’s demands, or finances that you feel I could use in my life?‘.

 

By asking two people per week for the next month (yes, you can do this in person, over the phone, via email or text), you will have 24 options to experiment with to help you improve your performance.

I encourage you to listen, be curious, and then personally try the strategies that resonate with you.

Why reinvent the wheel? If something is proven to have worked for someone around productivity, life hacks, or finances, try it and find out for yourself if it can help you in your situation.

 

‘For 20 minutes in the morning, as a part of my daily routine, I read for professional development. Learning new skills, and developing capabilities and competencies enables me to get better at my consultancy’s critical tasks. Continuous professional development is the key to success.’

~ Jenny Reilly ~

I asked two successful business owners to share three strategies that they have used to help balance life’s demands.

Heather Piowar

Co-Founder — Our Research: Tools to make scholarly research more open, connected, and reusable

Sarah Hay

Founder — Sarah Hay Design: Interior Design and Home Staging Specialist

  • Productivity — On my to do list put my most difficult tasks #1. Getting it done first makes the rest of the day easier.
  • End of work day routine — Organize and prep for next day.
  • Balancing life’s demands — Take time each day to exercise, meditate and laugh. It’s a good day if I get all three in!

 

‘Throughout my many years of experience I have encountered leaders who have lost the drive that propels them forward personally and professionally.

Without it both companies and individuals become stagnant. My objective is to help individuals and companies develop strategies to sustain focus and high-performance over the long term and continue to grow.’

~ Jenny Reilly ~

 

If you are interested in learning about professional development or executive coaching can help support your leadership or your leadership team, please reach out to askme@jennyreilly.com to schedule a convenient time for a complimentary strategy session.

Get your leadership strategies and tactics in my monthly newsletter, sign up here to subscribe.

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