Today , I was invited to attend , review and comment on a strategy session and presentation by a group of eight young leaders at work group level in a SME organization in the software testing and development area . It was a preview of the work undertaken by the team under the able guidance of their CEO over a period of three months with a planning horizon of three years.
The team identified four goals for the organization for growth and positioning , namely revenue , process , people and MNC status . They could identify aspirations , time span with intermediate milestones and outcomes at the end of three years and drill these down to action items in a fair amount of detail including risks and mitigation strategies .
Overall , I found this exercise a very useful tool for developing young leaders in identifying what they do at work , why they do it and how they can do it better over time to grow the company and grow themselves with the company .
I recommend this for all SME organizations as a development tool for their young leaders . The additional pay offs are bonding and ownership among young leaders which help them communicate and articulate the vision and mission of the company to their teams in a convincing manner , lay down metrics for performance and facilitate course corrections to align work with outcomes .