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#81 High Performance Teams - Part 3 - Strategy & Tactics

Season 1 Episode 81 Published 7 years, 8 months ago
Description

In our first two minisodes on leading high performance teams we built your vision and purpose.

So your team now knows where they should be in two to three years and also why (your purpose).

The next logical question is how? And this means pulling the right levers to make the biggest and most effective impact in your area.

For more info check out www.chiefmaker.com.au/81

Many executives make a critical error at the outset of leading a transformation. They don't stand back and clearly assess the current situation, relying instead on a partial understanding of the environment in which they're operating. This error costs them time and money, and it raises stress and resistance throughout the process.

Chiefs spend significant time precisely mapping the territory before they start. Rather than launching projects randomly, they apply deep understanding to the problem.

This mapping gives them an in-depth understanding of the economics, culture, and their team's capabilities. They understand how the departments work together, the legal and market conditions, the technology in play, the finances, the service, and the operational numbers. They understand that they operate in a living and breathing system. Changes within this system have ripple effects that spread throughout the business. Thanks to broad and deep understanding of the operating environment, it is substantially more likely that, at the end of the transformation process, they end up with a smoothly operating system.

Remember, most of the time you're not setting the whole company strategy. The CEO, executive team and board will most often lead that process which focuses heavily on how your organisation differentiates itself from competitors, which parts of the value chain you will optimise over others to maximise profit and how the organisation will leverage branding, pricing, market entry and exit etc.

What you're leading is a critical department transformation that will ensure the success of the company and department vision. And there are generally four big levers to pull that will transform your department's performance:

  1. Talent – The right people with the right skills in the right jobs doing the right work (Refer back to the Entourage Chapter for more details)
  2. Culture – The operating rhythm, team work and trust, behavioural standards, quality of feedback, mindset for innovation, commitment to stakeholders and customers that drives flow and performance in the team
  3. Tools and Systems – The technology, processes, data and other tools that your people have which let's them do their job to their full potential.
  4. Service / Operational Improvements – The list and design of services your department provides or operations it delivers and the economics (including pricing or cost), efficiency and quality control of those services or operations.

Stand back and assess your current department and ask yourself, "which of these is currently my biggest problem to achieve the department and organisational vision?"

Now that you have a clear understanding of the levers you want to pull they need to be turned into initiatives that will drive change. This should be fairly logical with a clear line of sight between a project and a performance lift. The most common pitfall here for leaders is not getting the sub-projects right, it's doing too many.

This is the crux of the issue. This is why so many attempts to lead transformation fail right at the beginning. Overload. They create so much busy-ness and activity that its impossible to do it all and none of them succeed.

Chiefs courageously cut through conflicting

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