
Ensuring your strategy "stacks up"
© iStockphoto
Is your team headed in the right direction? Is everyone working together, towards the same objectives? Do your objectives reflect your ultimate vision? And will your day-to-day activities help you achieve that vision?
These questions are extremely relevant for all organizations. Yet, more often than not, they can get pushed into the background.
It's easy to focus so much on day-to-day activities that you lose track of your original business plan. Strategies become redundant or unnecessary, vision and mission statements lose relevance, tactics may not lead to the results you want-and you may not even realize that you've inadvertently changed direction.
VMOST is an analysis framework that helps you avoid this trap by checking whether the five VMOST elements – Vision, Mission, Objectives, Strategies, and Tactics – are in alignment.
The tool serves two purposes. First, it helps you re-connect to your business vision, and highlights any problem areas that you need to address. Second, it helps you create and evaluate plans for the future, so that you can make sure that they're aligned with your vision of that future.
Let's look at the five VMOST components:
Mind Tools members, click here.
Join now for just $1, first month
Join the Mind Tools' Club. Access 700+ career-boosting tools and get the training, support and advice you need to get ahead.
Learn on the move with the free Mind Tools iPhone and iPad Apps. Short bursts of business training ideal for busy people.