Last week I posted an article on organizational vision entitled “What Is Your Company’s Vision and Why Should You Care?” Besides defining what a vision statement is and providing some examples, I stated that an organization’s vision must be “clearly articulated, consistently modeled and communicated”.
Why does the organizational vision have to be clearly articulated, consistently modeled and communicated? Because vision leaks!
I first heard the “vision leaks” phrase during a leadership training class led by Andy Stanley and then I noticed it was included as axiom number 13 in Bill Hybels’ book Axiom. I am not sure where it originated from but it is an extremely important concept for business leaders.
Recently I came across a nice little tool called the QPM or Quarterly Priority Management. It is essentially a simple table that can be used to effectively manage progress against your top five strategic objectives.
The QPM tool itself comes from Kraig Kramers in his book CEO Tools: The Nuts-N-Bolts for Every Manager’s Success (Book & CD) although it is not a unique idea. I have also seen very similar tools from Les Hewitt in The Power of Focus Tenth Anniversary Edition: How to Hit Your Business, Personal and Financial Targets with Absolute Confidence and Certainty (7 Day Focus) and Bill Hybels and his book Axiom: Powerful Leadership Proverbs (6 by 6 concept – Axiom 16). However, the QPM tool is uniquely focused on monitoring your top five strategic objectives and the progress against those objectives each quarter. The following table is an example of this.