Another year has come and gone. An old timer once told me, “The older you get, the faster the years go.” He was right.
This has been a great year for EnableComp. Regardless, where do you start when reviewing an entire year for the Company? What do you review since so much happens in the course of a year? I’ve been grappling with those two questions as I thought about this blog.
After some pondering, it comes down to reviewing, in my opinion, one key factor: Did the Company do what we set out to do at the beginning of this year? Did we accomplish our stated initiatives or not? But another way, it’s our measure of organizational success.
For the last seven years, as part of our annual Strategic Planning Process, the executive leadership team looks at our six Strategic Objectives and then develops a limited number of key Initiatives in support of each Objective. The Initiatives are the “mission critical” things we need to accomplish in a given time to move the Company forward. We’ve learned that establishing key initiatives for the company is easy – achieving them is hard.
Once our initiatives are established by our executive team, they are presented to the Board for final approval. Once approved, we review our progress on achieving them at each quarterly Board meeting. We also share the Strategic Initiatives with all our employees and update them as well. We believe it’s critically important for every employee to know what we need to accomplish as an organization and how we’re progressing on each initiative.
Most years, we have 12-14 Strategic Initiatives and this year we had 13. Our success metric every year is to complete at least 80 percent of our Initiatives and we have met that metric every year except one. We are on track to meet that metric again this year. 2019 is almost here and in the next few weeks will reflect on our 2018 results and finalize our Strategic Initiatives for the new year.
Goodbye 2018 and Hello 2019!