What is a High Performance Strategy?
A High Performance Strategy is a plan of action that is designed to help organizations achieve their goals and objectives in the most efficient and effective way possible. This type of strategy typically involves setting clear targets, identifying the actions needed to reach those targets, and implementing measures to track progress and identify areas for improvement.
What's included in this High Performance Strategy Template?
- 3x Focus Areas
- 9x Objectives
- 9x Projects
- 18x KPIs
Who is this High Performance Strategy Template for?
This High Performance Strategy Template is designed for leaders and teams from organizations who are looking to improve their overall performance and achieve their goals. It is suitable for use in a wide range of industries and can be customized to fit the specific needs of your organization.
How is this High Performance Strategy Template relevant to your organization?
This High Performance Strategy Template is relevant to your organization if you are looking to identify areas for improvement, set clear goals, and take action to achieve those goals. It can help you to identify the key focus areas that are most important to your organization and to develop a plan of action to achieve success in those areas. By using this template, you can create a clear and actionable strategy that will help your organization to achieve its goals and improve its overall performance.
1. Define clear examples of your focus areas
A focus area is a particular viewpoint that groups certain requirements set out by an organization. A recommendation from the Cascade team would be to create 4-5 key focus area which you feel are most important to address when creating your High Performance Strategy. The next step would be to ask yourself: Why is this focus area important to me? What is the benefit of focusing on this viewpoint from a customer's perspective? And, of course, What is the monetary benefit of investing in such a focus area? This process is useful in identifying the key area which needs prioritization which in turn can become focus areas of the strategy.
For example, the focus areas in this High Performance Strategy Template are: Productivity; Quality; and Innovation.
2. Think about the objectives that could fall under that focus area
A strategic objective usually has to be specific and measurable to cause enough impact and effectively explain what you want to achieve.
An example objective that could fall under the focus area of Productivity could be: Increase team productivity.
3. Set yourself measurable targets (KPIs) to tackle the objective
A KPI is a key performance indicator that is measurable and evaluates the success rate of an organization in relation to the task at hand. KPIs can be very industry-specific or broad and applicable across multiple industries.
An example of a KPI in this High Performance Strategy Template associated to the objective Increase team productivity could be: Increase average hours worked per week to 48hs.
4. Implement related projects to achieve the set KPIs
Projects are ways in which the objective can be achieved, but more so, closely tie in with ways in which organizations can make sure they are working towards their KPIs.
A project example for the objective Increase team productivity could be: Implement time management training and tools.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Make sure your strategy is front and center with Cascade. You can plan, execute, measure and adapt your strategy in one easy-to-use platform and make sure your strategic plan is connected to on-the-ground execution.
Use this High Performance Strategy Template and launch your strategy in Cascade; it's $0 forever.