Myrna Associates, Inc.
Myrna Associates, Inc.
Leaders In Strategic Planning

Run With the Big Dogs!

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RUN WITH THE Big dogS newsletter
 Volume 3, issue 12


When there is a major problem, what signals do your actions send your employees?  Perhaps it is time to declare a crisis...John


Management idea

What do you do when things are going dramatically worse than planned?  Merely hoping that things will get better is pretty risky.  Many of our clients hit an icy patch, finding themselves in a situation with results far below expectations.  When one recently found themselves with sales dramatically below budget they did two things.  First the entire team drilled down to make sure they understood where they were and why.  As is often the case, there was no one reason  but a confluence of events - a weakening market, underperforming new business development effort, and too many dumb mistakes in handling the initial orders from the new customers they did attract.

Second they declared a formal crisis.  Declaring a crisis while the company was still profitable may seem extreme but why risk waiting?  The biggest effect of shifting to crisis mode was to focus on making sure they were following up daily on tactical actions .  Each morning started with a 10-15 minute huddle to clarify exactly what they were doing today to bring in more business, what jobs were VIP and required additional attention to make sure they were performed flawlessly.  The mere act of meeting daily communicated to the entire company the need to focus on bringing in and retaining business . A happy side effect was the immediate improvement in cross departmental communications and teamwork.


RUN WITH THE BIG DOGS

Every week the strategic planning facilitators of Myrna Associates interact with the executive teams of the best managed mid-sized companies in America. 

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