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 what makes a great OGSM template, show …
What Time Frame To Choose For OGSM?
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 …
The 11 Secrets Of Strategy Execution They Don’t Teach You In Business School
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 …
What Should Small Business Owners Focus On During A Crisis?
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 …
Top 10 OGSM Tips To Rock Your Strategy
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 …
How To Conduct A Monthly OGSM Review?
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 …
What Are Dos And Don’ts Of OGSM?
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 …
How Many Initiatives Should My Strategy Have?
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, …
Why Good Strategies Fail And How To Avoid That Yours Does Too
Shockingly, 1 out of 3 business strategies fails and only about 50% of strategic initiatives are considered successful. This is a massive waste of resources and could sink a business. So why do so many strategies fail and what can …
What Comes First: Objective, Goals Or Strategy?
In business, objectives, goals and strategies are often used interchangeably when describing a company’s direction. Yet they are very different. Which one comes first – and does it really matter? When developing a business strategy, first decide your objective, i.e. …