Ask Coach: Tap Into The Power Of Your Team To Set A Strategic Path

By Hardin Byars, executive coach with HTG Peer Groups

Q: How do I set a strategic direction for the company?

Coach: The “how” is a relatively simple process. The implementation of the process is the hard part — but more on that in a minute. Procedurally, I’d recommend something like the following steps:

1. Accurately assess the current state of your company — e.g., what is our current business model; what is working; what’s not working; what makes us unique; why do we even need a strategic direction?
2. Define reality — e.g., what does success look like for this process; what am I prepared to change and what is off the table; what resource constraints will limit our options; what is my time frame for accomplishment?
3. Tap into the power of your team to identify a strategic path.

Step 1 (starting point) and Step 2 (rules of engagement) are pretty self-explanatory, so let’s explore the why and how of Step 3: tapping into the power of your team.

Please log in or register below to read the full article.