When formulating and executing your business strategy, it is important to ensure that everyone in the company understands the overall direction and that their work is linked with the business’ objective and goals. But how to achieve that exactly? This …
It seems like a question of preference or belief such as Pepsi vs. Coke, Pampers vs. Huggies or Nutella vs. Nusspli. But far from it. Whether in large corporations or small businesses, choosing to put people first or put strategy …
If only there was a simple OGSM template for PowerPoint or Excel to make creating the OGSM easier and faster. Look no further, we’ve got you covered. In this article we’ll share OGSM templates and explain how to use them. …
I’m often asked if there is an optimal time period or timeline for which to use the OGSM methodology. Does OGSM only work for long-term strategies or also for shorter term business plans? Let’s explore this question. The OGSM methodology …
According to a recent survey(1) a staggering 67% of well-formulated strategies fail during execution. Let that sink in for a moment: two thirds of all strategies fail. With the following 11 secrets of successful strategy execution, your strategy won’t be …
Economic crises can be challenging times for all of us but a grave pandemic such as COVID-19 and the ensuing economic fallout are particularly damaging to small businesses. In steering through this crisis myself, I thought I would write down …
Using the OGSM methodology for strategic planning is not rocket science. But with these top 10 OGSM tips you can vastly increase your chance of success. Create the OGSM with your team Focus on what you can influence Conduct a …
A plan is only as good as its execution. And to keep up with execution of your OGSM, it’s important to conduct timely and engaging review sessions to stay on track. But with a full schedule of meetings already in …
OGSM stands for Objective, Goals, Strategies, and Measures and is a simple but sophisticated approach to strategic planning. Using OGSM allows you to define on a single page what you aim to achieve and how you are going to achieve …
When using the OGSM approach to strategy, I often come across the question of how many initiatives a strategy should have. In the following, I summarize what works best in my experience. When developing the implementation plan for your strategy, …
