#271 Sleeping in the bed you made

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From time to time, we create a difficult situation, leading to unpleasant consequences. Now we must endure the unpleasant consequences. Most people try to avoid the unpleasant consequences by denying all responsibility and accountability. They distance themselves from the problem and want to have nothing to do with it.

It is important that you are asked to deal with the consequences of your action. If your actions were accidental, no problem, you still have to pay the penalty for ignorance. The penalty must match the “crime” and you should get a second chance. If the penalty is unfair or you don’t get a second chance, your motivation to take responsibility and accountability will diminish even further.

There are two key takeaways. As an individual how will you balance the risk taking required for growth and advancement with the risk mitigation required for safety? As an organization, how will you build a culture where employees will be rewarded for risks and provide a safety net for errors?

Companies with a positive and vibrant culture will do this well. Study what they are doing and adopt the practices. It comes down to the leadership of your organization. Are they capable of building this culture? If no, then no amount of research is going to help. You need new leadership, or you need a new job. But don’t be too quick to dismiss or condemn your leadership without playing your part in fostering this culture.

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#270 Business strategy

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Every organization has a strategy. Some organizations define their strategy and take the time to explain it to their employees and stakeholders. In most organizations, very few individuals get to influence strategy. When it comes to strategy, not everyone gets a vote. That is because very few people have all the information they need to define strategy.

Every single person in the organization needs to understand business strategy. They need to know what is in, what is out, and what the constraints are. Without this clarity, countless hours are spent in educating and aligning the organization. There is always some renegade who has a “great idea” for improving the bottom line, but it is not aligned to strategy.

Every single person needs to understand how to convert business strategy into an executable plan. Initiatives, programs, projects, and tasks must be all aligned to strategy. They must be able to answer the question, “How does my deliverable fit in the big picture?”

Decomposing strategic plans to execution plans is an art and science in itself. Most organizations do a decent job when given a single strategic imperative. Managing the strategic imperatives as a portfolio is the challenge most organizations are struggling to overcome.

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