Ep 19 – Enduring the Messy Stages of Strategic Planning

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Your company is in the middle of a strategic planning project. Things are going according to plan but there are several competing schools of thought about the future of the organization.

In discussions, voices are being raised as competing ideas are shared. You are beginning to feel nervous because the opinions cannot be reconciled easily. Should you intervene or allow it to run its course, even though things are looking like a mess?

Tune into this episode to hear from me and my special guest, Chris Fox, as we tackle this wicked problem together.

I’m Francis Wade and welcome to the JumpLeap Long-Term Strategy Podcast.

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Ep 18 – When a Written Strategy Document Lacks a Strategy

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Your company has a long history of putting together strategic plans. And you have diligently read them all in a search to understand the intentions of prior leaders.

But as you look them over you are concerned. There are lots of todo lists, action items, and budgets, but the underlying plan seems to lack something important – a strategy.

You can’t quite explain why this is the case, but you can tell when that intangible quality is missing. Perhaps, there should be a better way to tell than just raw instinct, but how?

Tune into this episode to hear from me and my special guest, Alexis Savkin, as we solve this wicked problem together.  You can access more of his articles on strategic planning at https://bscdesigner.com.

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Ep 17 – How to Find Time for Strategic Planning

You are in charge of implementing your company’s new strategic plan. It includes some brilliant new ideas which should shake up your industry, and even introduce the world to a new category of products and services.

But you are a bit wary because prior strategic plans barely made it off the PowerPoint pages. They weren’t implemented due to a common complaint – no-one had the time.

You have every reason to be worried, but what should you do about the problem?

Tune into this episode to join me in tackling this wicked problem from two perspectives at once…task management and strategic planning.

I’m Francis Wade and welcome to the Task Management & Time Blocking Podcast and the JumpLeap Long-Term Strategy Podcast.

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Strategy for Jamaican Sports Federations

You love your national sport. Seeing the Jamaican (or West Indian) flag soar above a global stage fires you up. But you also see that in football and cricket, we’ve fallen as a country. Could it be related to a lack of long-term thinking?

When the West Indies men’s cricket team dominated the world in the 1980s and 90s, other countries envied them. They all tried to catch up, but Australia’s response was unique.

They decided to invest in youth cricket like never before. Why? They recognized a long-term problem. Quick fixes wouldn’t solve it permanently.

Fast forward a decade, and their success since then shows their planning at work. While we in the West Indies struggle to find talent, revive interest, and fix governance problems, Australian dominance continues.

Simply put, they built a system to win international cricket.

Meanwhile, the West Indies continues to fail, except for occasional successes. We get lucky sometimes and win, but those wins happen despite our system, not because of it.

I’m not criticizing our setup; I’m not an expert. But if we learn from Australia’s long-term focus, can we apply it to our national football team?

We Jamaicans got lucky and competed in the World Cup once, but a sustainable system is still missing there. More importantly, is there something our sporting federations can do differently in their planning? Here are three ideas if you’re part of one.

1. Pick a Target Year and Visualize

First, set a planning horizon 10-30 years ahead, and name it your Target Year. Be careful; picking too close or too far has downsides.

If you pick a year too close, it becomes selfish. You’ll be pushing aside future generations. Also, if you’re too aggressive with your short-term goals, others won’t believe you. As a result, they won’t take action.

On the other hand, if you pick a year too far away, your plan could become irrelevant as soon as its developed. There won’t be enough urgency for stakeholders to respond.

But the key is not just choosing the right year. The idea is to commit to milestones between now and your target date. These milestones should create the right mindset on a large scale. They should inspire people of all ages to make the sacrifices needed for world-class performance.

After setting a Target Year, create a vivid vision or end-game. This isn’t just a vague “vision statement” but a numeric, measurable list of outcomes. Together, they describe your desired future.

Within this space, generate up to three unique but alternative visions. Then, choose one.

Many organizations make a big mistake by stopping here.

2. Strategize Backwards

To connect your vision to reality, you need to backcast, or plan backward from your desired future to the present. As you do, you’ll correct two common anomalies.

The first anomaly is that some of your initial, visionary outcomes are probably unrealistic, and some will be overly ambitious.

The second anomaly is when the Target Year itself has to change to make the plan work.

Don’t remove these anomalies randomly. Your team needs to find a careful balance between aspirations and reality. As such, this is a task for insiders and can’t be outsourced.

If your team fails to achieve this balance, you’ll lose fan support. For example, if they sense that the planning team said yes to too many things without making tough choices, they may turn away.

Your plan needs to make logical sense.

3. Build Social Support

Sporting federations need widespread fan support, but the old way of “selling” your plan to people doesn’t work anymore.

Instead, the modern approach is to involve fans in the process from the beginning. But this doesn’t mean filling a room with hundreds at every meeting.

The key is to incorporate both divergent and convergent activities in your schedule.

Divergent activities are invitations to gather more input. They benefit from broad participation.

However, convergent activities involve making tough decisions using that same input. This is a consolidation step where you summarize and draw conclusions.

Use both in a sort of dance, and you’ll bring your fans into your long-term thinking and the planning needed to achieve success in your sport.

Ep 16.5 Is There Actually a Valid “Just Keep Things Going” Strategy?

Your organization is about to conduct its annual strategic planning process. From all indications, this will be another “business as usual” effort, intended to check the box. The time horizon, after all, will only extend for four years, maximum.

No-one expects anything out of the ordinary to emerge from it – this is a ritual in which prior performance is improved on by a few percentage points.

But are expectations too low? And if this to be the norm each year, should a plan require more than just a single person making simple edits?

Is there a problem with this approach?

Tune into this episode to join me in tackling this wicked problem. Enjoy this complimentary episode of the podcast.

P.S. Remember to register for the Long-Term Strategic Planning Conference here – https://strategyconf.fwconsulting.com

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Ep 16 Getting Deep Stakeholder Buy-In to Strategic Plans

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You are starting a fresh strategic planning effort but you are concerned that executives are not doing enough to engage stakeholders. From prior experience you know that plans can fall on their face once they are announced.

But what should be done to ensure effective implementation? You have heard a number of ideas, but will they fit the culture of your company? This seems to involve more than just completing a successful retreat and printing out copies of a document.

You need your own approach to engage stakeholders or risk the whole thing becoming a wasted exercise.

Tune into this episode to hear from me and my special guest, Anthony Taylor, as we solve this wicked problem together.

I’m Francis Wade and welcome to the JumpLeap Strategy Long-Term Podcast

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Ep 15 How to Convince Colleagues Your Company Needs a Long-Term Strategy Along with Its Big Vision

This is a free preview of a paid episode. To hear more, visit longtermstrategy.substack.com

You are someone who is already a long-term thinker, working in a non-profit organization. Unlike many, you don’t need to be convinced about the importance of long-term thinking. 

Somewhere in the past – childhood, early career – you embedded the idea of long-term thinking in your character. And now, in your thinking. Now balancing short and long-term thinking, planning, strategy, vision is a part of your character.

But this may be why you are confused. Others around you don’t share this trait. They may believe in long-term vision but not in long-term planning.

As such, you feel like a fish out of water – always harping on the need for long-term planning, sometimes asking inconvenient questions.

You can’t understand why others don’t share your commitment. And it’s not that you are particularly ESG, sustainable or anything like that. Nor do you come from an old-school. You just sense that the company would make better decisions if it had more than the usual 3-5-year plan to go with a long-term vision.

But how do you convince others in the C-Suite, and the board, to think with an additional lens? If they already like the idea of a vision, they might be asking “Why do we need a strategic plan to go with it? Isn’t it just more work?

Tune into this episode as I tackle this wicked problem.

Watch the Excerpt here. The full version in video and audio is available to subscribers.

Ep 14 – Making Hard Choices Between Strategies

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You are in the middle of a strategic planning retreat. The ideas are flowing and many of them are of high quality. If only they could all be implemented at the same time.

Unfortunately, there is a real world outside waiting, and a choice must be made between some great ideas.

But how do you guide the group to the point where they can all get behind a single set of implementable ideas?

Tune into this episode to hear from me and my special guest, Amie Devero, as we solve this wicked problem in strategic planning together.

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Ep 13 –  How to Convince Colleagues Your Company Needs a Long-Term Vision-Strategy

You are someone who is already a long-term thinker, working in a for-profit company. Unlike many, you don’t need to be convinced about the importance of long-term thinking. Somewhere early in the past – childhood, early career – you embedded the idea in your thinking. Now balancing short and long term thinking is a part of your character.

But this may be why you are confused. Others around you don’t share this trait. In fact, you feel like a fish out of water – always harping on the need for long-term thinking, sometimes asking inconvenient questions.

You can’t understand why others don’t share your concern. And it’s not that you are particularly ESG, sustainable or anything like. Nor do you come from an old-school. You sense that the company would make better decisions if it had more than the usual 3-5 year plan.

But how do you convince others in the C-Suite, and the board, to think with an additional lens? 

Tune into this episode as I tackle this wicked problem.