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Take a Strategy Self-Assessment

Monte Wyatt & Brad Sugars, Dec 24, 2019

The 5 Disciplines for Exponential Growth create an abundance mentality. You should take a detailed assessment of your company to see where you stand in regard to the 5 Disciplines. You can use your assessment as the basis for strategic thinking and execution planning.

Remember, adding zeros means you’re improving every year. As long as you’re not slipping backward, you’re making progress. Remember, there are too many components in a business to make it possible to go from zero to 60 in one year. It takes different actions to move the needle. So, every year at the same time, take this assessment to track progression and identify the one or two things that will make the biggest impact on the business.

First, take an assessment regarding the Discipline of Strategy. As you know, Your business strategy is your articulation of the way you do business. It consists of two parts: where you want to go and the roadmap that gets you there. Since every company is different, every business strategy is different. The important thing is that your plan is appropriately designed to achieve the goals you've set.

Strategy is about skillful management that attains an end. And that end is more than margin, profit, or revenue” it's sustainability: your business outlasting your competition and, ultimately, you. We call this winning.

Winning, or ensuring sustainability, is one of the prime duties of senior management of any organization. Winning becomes a lot easier when leaders have a clear strategy to guide their decision-making process, because a clear strategy defines how an organization will win. A clear strategy provides a vibrant picture of what winning looks like for the company, and every department and every position. It identifies who is doing what to achieve which goal by when.

For this self-assessment, rate your agreement with each of the following statements on a scale of 1- 5: 5 = Absolutely, 4 = Mostly, 3 = Sometimes, 2 = Rarely, 1 = Never, or 0 = I don’t know.Â

The Discipline of Strategy Self-Assessment

1. 100% of our management and our entire team can clearly articulate our strategic direction and plan. (0 to 5)

2. There is absolute clarity about our organizational priorities, and everyone knows how they personally support those priorities.

3. We spend more time being proactive towards our goals rather than reactive.

4. We have identified and committed to long term goals

and annual goals that support our future.

5. Our company is positioned for long term sustainability

because of the opportunity in the market that we fill.

6. Our products and services are structured for making a sale once and getting paid long term. (That is, the customer needs to come back again and again)

7. We have scalability because future sales cost less and are easier to capture.

8. We know exactly what business we are in.

9. We are selling what people want to buy and are very marketable to our target audience.

10. Our team thinks big picture and with a mindset of abundance.

Now add up the total points for the Discipline of Strategy.

To remind you, the Discipline of Strategy serves serving the constituents of the Company and the Community. So, a high score for Strategy indicates:

  • long-term sustainability;
  • admiration in the community.

A low score for the Discipline of Strategy indicates:

  • the company lacks clear direction;
  • lack of buy-in or commitment;
  • reactionary instead of proactive;
  • no clear business model driving success;
  • profit is low or non-existent.

Here are the areas where you need to change:

  • Mindset: abundance and big picture;
  • Focus: opportunity, leverage, scalability and marketability

Work on the critical issues first, focusing on the issues that, when corrected, will touch 10 other things and cause them to improve. Acting on those things right now will add zeros and make progress toward exponential growth.

To recap, adding zeros means you’re improving every year. As long as you’re not slipping backward, you’re making progress. Take an assessment to track progression and identify the one or two things that will make the biggest impact on the business.

We'd love to hear from you. How did you score on the Discipline of Strategy? What are the areas where you need to change? Thank you for sharing.