Wednesday, July 27, 2011

Goals Execution - The Agile Way

I just completed listening to a brilliant audio book today from the Franklin Covey foundation on "Execution". Here is what I learnt.

Execution is the most important aspect of strategy. Nothing works if you can't execute it. It is dependent on a few factors:-
  1. Goals - Have focused goals. Max of 3. More goals dilute the focus.
  2. Find out the measurable factors for your goals - the lag (the dependent variable y) and lead indicators (the independent variables x1,x2 etc)
  3. Create a dashboard to monitor if you are winning the execution game. It should contain both lag and lead indicators.
  4. Monitor the dashboard results daily/weekly ONLY for the identified goals.

No comments: