Team agreement on the organization's goals and on the process of allocating resources.
Communicate strategy to the team by:
- One Page Strategic Plan—Planning Pyramid that graphically conveys how values, purposes, targets, goals, actions, schedules, and accountabilities align.
- Big, Hairy, Audacious Goal—a long-term (10-25-year) goal guided by core values and purpose.
Establishing the communication rhythm by:
- Short Daily Huddle.
- Weekly Meeting.
- Monthly Management Meeting.
- Quarterly and Annual Planning Meeting.
- Improved productivity, performance, communication.
- Higher motivation and morale; lower rates of staff turnover.
- Faster decision-making; adaptivity to changing markets.