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[Q&A] Should all departments adopt the same organizational-wide quarterly review cycle?

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Q: Should all departments adopt the same quarterly review cycle?

A: The answer is—it depends. It is best to transition to the same quarterly cycle for some department initiatives, especially those that directly contribute to the organizational strategy. But others may not necessarily have to.

Read on for our tips to learn when to transition your department or project to the overall review cycle or when to adapt to a unique reporting cycle.

The Pros and Cons of Aligned Review Cycles
An aligned quarterly review cycle can bring a sense of cohesion. It also creates rigor driven by your review cadence.

Consistency is key to effective agile quarterly cycles and achieving organizational goals.
On the other hand, a one-size-fits-all approach might not meet the unique needs of every department, as not every department operates at the same pace. The drawbacks of this could be that too many reviews could drag down and hinder the progress of specific initiatives.

Keep your finger on the pulse of what is happening day-to-day--don’t get too caught up in the details that aren’t driving strategic direction
Understand the difference between day-to-day tasks and the big picture, strategic tasks. There is a need to balance driving new strategic efforts and continuing core operations. Understanding what's happening at the business-as-usual level is essential, as key learnings can feed into strategic planning.

However, not all operational tasks feed directly into the overall organizational strategy, and as such, don’t necessarily need to be on the same review cycle.

Opt for a hybrid approach.
The ideal approach could be a hybrid model--a common quarterly cycle for everyone, with additional department-specific reviews as required. This maintains cohesion while also catering to the unique needs of each department.

Don't forget to like, share, and subscribe for more insightful discussions and professional advice! Comment below with your thoughts on the subject, or any questions you might have. Stay tuned for more! You can also visit our website to sign up to join the Strategy Collaborative and be part of our live discussion bi-weekly. https://onstrategyhq.com/cso-collaborative

Видео [Q&A] Should all departments adopt the same organizational-wide quarterly review cycle? канала OnStrategy I Virtual Strategist
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12 августа 2023 г. 0:00:00
00:16:36
Яндекс.Метрика