Eliminate Strategic Overload

Companies tend to respond to intensifying competitive pressures and challenges by asking more and more of their often already overworked employees. However, with alarming frequency, all these well-intentioned initiatives don’t appear to add up to corporate success.

Companies tend to respond to intensifying competitive pressures and challenges by asking more and more of their often already overworked employees. However, with alarming frequency, all these well-intentioned initiatives don’t appear to add up to corporate success.

Leaders can address this problem by simplifying strategy—that is, selecting fewer initiatives with greater impact. This value-based strategy gives executives a holistic view of the many activities taking place within their organizations. A strategic initiative is worthwhile only if it does one or more of the following: creates value for customers by raising their willingness to pay, creates value for employees by making work more attractive, or creates value for suppliers by reducing their operating cost.

Read more from the source Harvard Business Review: Eliminate Strategic Overload

Selecting fewer initiatives but driving larger impact – it’s an interesting approach.

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Chris Hoyt

Chris Hoyt

A veteran of recruiting and HR, Hoyt is a sought-after speaker with presentations including national conferences with SHRM, LinkedIn, HR Technology and others in the USA as well as iRecruit, Australasian Talent Conference and more abroad. Chris has been promoting and leading full scale and enterprise-wide integrations of social media and mobile marketing within workforce strategies for his entire career. His expertise and passion for interactive/social recruiting, candidate experience, and both national and international recruiting strategies are all areas that Hoyt now leverages as co-owner and President at CareerXroads, a Recruiting/Staffing consulting and think tank organization that works with corporate leaders from around the world to break out of traditional recruitment practices and push the envelope in an effort to win the ongoing war for top talent.

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