Whether you’re setting the stage for a start-up or transforming an established company, now is the time to think about where you’ll be five years from now. Gather your leadership team for an exercise that will get you all moving in the same direction, starting today. Depending on the size of your group, you may do this exercise individually or in teams. It may be done in one session or over several. Assign a notetaker to document the collective decisions made.
It’s five years from now. The company is wildly successful. Take 10 minutes to write down your answers to the following questions:
Have each person, or a spokesperson from each group, share their responses. Discuss different visions to come to consensus.
It’s 12 months from now and you’re making progress toward your five-year vision. Write down your answers to the following questions:
Annual
Work backwards to develop a timeline, with milestones and metrics, that you should be focusing on for the next 12 months.
Quarterly
Now, break the year up into four quarters. Identify those milestones and metrics, providing more detail for the first two quarters.
Next 90 days
What are the objectives and key results for the next three months? These should be shared with the leaderships’ teams.
Finally, talk about the organizational changes to consider to help you meet your longer term milestones and metrics.
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