VerseGoal’s STARR business execution methodology solves some of the most critical business execution challenges by applying a simple and intuitive process which is supported by a software framework to make business execution a repeatable process which returns many benefits to the organization.
Share:
Lack of clarity and/or communication are two of the most controllable reasons given for failure to meet goals. By sharing goals in a simple, meaningful and uniform format your team will better understand the ‘Big Picture’ and how their role and key responsibilities fit in. Sharing goals leads to better productivity, deeper stakeholder engagement, and builds loyalty within the organization.|
Track:
In many organizations management reporting is a hap-hazard affair without a meaningful way to compare the relative performance of teams, individuals, or even the organization itself on a time trended basis. By tracking your outcomes in a quick, timely, and easily digested format more time can be spend working toward goals and less time is required for the management process. Effectively tracking outcomes is a path to increased organizational efficiency and keeps stakeholders focused on achieving successful outcomes.
Analyze:
Intuition is a great tool for certain situations but effective strategy and personnel decisions require factual non-biased, information to validate critical business decisions. By Analyzing the business intelligence collected in the tracking reports more effective decisions can be made by the management team. Analyzing tracked outcomes over time result in a stronger strategy, better accountability, and validation of difficult resource allocation decisions.
Reevaluate:
Too often plans are changed as a reaction to short-term pain, but to truly understand where you should be going you must know where you have been. By creating a structured goal reevaluation program you are creating an ecosystem where goals evolve by reacting to strategic pressure over time rather than sort term pain. Meaningful reevaluation leads to more efficient adaption to change and a stronger planning process
Repeat:
Too often sharing, tracking and analysis are done then forgotten or rendered meaningless by constant revision; in general goals should be long-term in nature with regular check-ins and revision prompted only by necessity. By repeating the sharing, tracking and analysis process on a predictable basis stakeholders will gain valuable insight into the on-going execution of a business plan and gain meaningful performance trending. Repeating the process will act a magnifier for the benefits of sharing, tracking and analyzing by turning the STAR process and goal achievement into habit
This simple methodology is a step in the right direction, but to fully maximize your results any business execution methodology should be supported by a simple and powerful software framework to make successful plan execution a repeatable process. VerseGoal’s Agile Business Execution platform can help you turn your vision into reality.
