The 4 Disciplines of Execution Dr. Jack Smothers Objectives • Participants will develop … – Strategies to stay focused on goals within the whirlwind of day to day activities – Narrowly-focused, well crafted goals – Lead measures that are critical for success – Compelling scoreboards to engage employees and track success – Models for establishing a culture of personal and team accountability Strategy + Execution = Success Execution: The discipline of getting the most important things done. Discipline: A consistent regimen that leads to freedom of action. - Only 8% of executives are effective at both strategy & execution. (PwC) - 70% of strategic failures come from poor execution…it’s rarely for lack of smarts or vision. (Ram Charan) Why is Execution Challenging? Work Important Urgent Acts on you Habitual Keeps the engine running today Goals Important Not Urgent You act on it Requires Change Builds capability for the future The Time Matrix Necessity - Equipment Breakdown Deception - Multiple people/wrong people at same meeting Discipline - Wildly Important Goals Waste - Internet surfing The 4 Disciplines 1. Focus on the Wildly Important Focus 2. Act on the Lead Measures Leverage 3. Keep a Compelling Scoreboard Engagement 4. Create a Cadence of Accountability Commitment Discipline 1 Focus on the Wildly Important Deliverable: Narrowly-focused, well crafted goals Discipline 1: Focus on the Wildly Important • What is an important goal? – A goal with significant consequence and value. • What is a Wildly Important Goal? – A goal that makes all the difference. Failure to achieve this goal renders any other achievements inconsequential. Discipline 1: Focus on the Wildly Important Focus on Less to Achieve More There will always be more good ideas than there is capacity to execute. Discipline 1: Focus on the Wildly Important How to Structure a Goal… • A measure tells you if you have achieved your goal. • From X to Y by When Performance gap Gap-closure timeframe Discipline 1: Focus on the Wildly Important War Battles Organizational WIG (Lag Measure) Sub Wig (Lag Measure) Sub Wig (Lag Measure) Discipline 1: Focus on the Wildly Important Org. WIG (Lag Measure) Sub WIGs (Lag Measures) Increase enrollment from 11,000 to 12,000 by August 1. Increase student persistence from 70% to 77% by August 1 Increase new students from 2700 to 3000 by August 1 Discipline 1: Focus on the Wildly Important WIG Builder Ideas for the WIG Final WIG(s): Current Result (from X) Desired Result (to Y) Deadline (By When) Rank Discipline 2 Act on the Lead Measures Deliverables: Lead measures that best predict the achievement of the WIGs. Discipline 2: Act on the Lead Measures Lead Measure Lag Measure (activity) (results) Predictive – measures something that leads to the goal Influenceable – something we can influence How: • Calories in (Diet) • Calories Out (Exercise) Measures the goal What: Reduce Fat Discipline 2: Act on the Lead Measures War Battles Tactics Organizational WIG (Lag Measure) Sub Wig (Lag Measure) Lead Measures Sub Wig (Lag Measure) Lead Measures Discipline 2: Act on the Lead Measures Org. WIG (Lag Measure) Sub WIGs (Lag Measures) Lead Measures Increase enrollment from 11,000 to 12,000 by August 1. Increase student persistence from 70% to 77% by August 1 Contact 90% of AtRisk Students every week Increase new students from 2700 to 3000 by August 1 5 new registrations per associate per week Discipline 2: Act on the Lead Measures Lead Measure Builder Ideas for lead measures Final Lead Measures: How to measure? Rank Discipline 3 Keep a Compelling Scoreboard You’re not really serious unless you’re keeping score. Deliverable: Compelling Scoreboard to track success Discipline 3: Keep a Compelling Scoreboard People play differently when they are keeping score. 1. 2. 3. 4. Rules for a Compelling Scoreboard: Keep a simple players scoreboard. Scoreboard must always be visible to the players. Track lead and lag measures. Team can tell immediately if they are winning or losing. Discipline 3: Keep a Compelling Scoreboard Increase enrollment from 11,000 to 12,000 by August 1 77% Increase student persistence from 70% to 77% by August 1 70% Month 1 2 3 4 5 6 7 8 9 10 11 12 90% Contact 90% of At-Risk Students every week Week 1 2 3 4 5 6 7 Discipline 3: Keep a Compelling Scoreboard Increase enrollment from 11,000 to 12,000 by August 1 Increase new students 3000 Increase new students from 2700 to 3000 by August 1 2700 Month 1 2 3 4 5 6 7 8 9 10 11 12 Associate/Week 5 new registrations per week per employee 1 2 3 Average Kim 3 6 90% 5 4.7 5.0 4.7 14.3 Robert 4 7 4 Emily 5 6 3 Total 12 19 12 Discipline 3: Keep a Compelling Scoreboard Discipline 3: Keep a Compelling Scoreboard Scoreboard Builder Team WIG Lag Measure Graph Lead Measure 1 Graph Lead Measure 2 Graph Discipline 4 Create a Cadence of Accountability Deliverable: WIG-Session Agenda Discipline 4: Create a Cadence of Accountability Traditional Meetings vs. WIG Sessions Discipline 4: Create a Cadence of Accountability Increase enrollment from 11,000 to 12,000 by August 1 77% 70% Increase student persistence from 70% to 77% by August 1 Month 1 2 3 4 5 6 7 8 9 10 11 12 90% Contact 90% of At-Risk Students every week Week Kim 1 2 3 4 5 6 7 Prior Commitment New Commitment Speak with 8 students about course performance Connect 5 at-risk students with academic support Discipline 4: Create a Cadence of Accountability Increase enrollment from 11,000 to 12,000 by August 1 Increase new students 3000 2700 Increase new students from 2700 to 3000 by August 1 Month 1 2 3 4 5 6 7 8 9 10 11 12 5 new registrations per week per employee Robert Associate/Week 1 2 3 Average Kim 3 6 5 Robert 4 7 4 Emily 5 6 3 Total 12 90% 12 19 4.7 5.0 4.7 14.3 Prior Commitment New Commitment 4 site visits Meet with 3 Families 4 Disciplines of Execution Prior Commitment New Commitment 4 site visits Meet with 3 Families Robert Monday Tuesday Wednesday Meet Family 2 Meet Family 3 8:00 9:00 Key Question: What are the most important things I can do this week to impact the scoreboard? 10:00 11:00 12:00 1:00 2:00 3:00 4:00 Meet Family 1 Thursday Friday Discipline 4: Create a Cadence of Accountability Weekly WIG Session - team holds each other accountable for commitments that move the lead measures 1. 2. 3. 4. Rules for WIG Sessions: Lasts no longer than 20-30 minutes. Held on the same day and time each week. Whirlwind is never allowed into the WIG session. Commitments must: a) Represent a Specific Deliverable b) Influence Lead Measures c) Be Possible to Finish in One Week Discipline 4: Create a Cadence of Accountability WIG SESSION AGENDA Account: Report on last week’s commitments Review Scoreboard: Learn from successes and failures Plan: Clear the path and make new commitments When WIG(s) Where Team Member Individual Reports Scoreboard Update Prior Commitment Report New Commitment(s)