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Mid-Year Business Performance Tune-up: 7-Step Action Plan for Leaders

Automobiles, machinery, and precision instruments at times need to be tuned and calibrated to ensure performance. Life and business have similar demands. If you aren’t concerned about performance then whatever you’re doing is adequate. But, periodically in your life and in your business you’ll want to re-evaluate strategies that are misfiring, products and services that seems amiss, a launch that falls short, an identity that isn’t working, communications that don’t connect, recognition that is absent, etc.

When there is an uncomfortable enough performance gap, then you’ll do something different. This is true in life and in business. Mid point in a calendar year is a natural point to reflect on the first half and project forward what you’d like to have happen by year-end. You may have a similar cycle with your financial planner and dentist. But, what about the rest of you and your business?

There are plenty of tools and conversations you can use. The key is to start. Once you begin it is easier to keep going and pretty soon you’ll be closing the uncomfortable gap just as you avoid toothaches and worse with periodic checkups and cleaning.

Here is a 7-Step Action Plan for a Business Performance Tune-Up

  1. Revisit your strategic imperatives for the year – what were the big bets for the year and are they paying off? Didn’t really have any solid strategic initiatives? Now would be a good time to establish some. Get clear on the destination: where are you going and what does success look like? See related post: Make Work Feel Like Vacation
  2. What have you learned and how can you apply it? Consider both the business landscape and the customer ecosystem. Organizational immaturity and old habits and patterns may get in the way of identifying and leveraging the talent and resources available in the business landscape. Also, if you don’t have personas to represent your various stakeholders now would be a good time to prioritize their development. Personas provide representative profiles for a customer base and other stakeholders too, e.g. investors, employees, partners, etc. As a design tool, they are a powerful way to visualize and communicate behaviors, goals, wants, needs, and frustrations.
  3. Get clear on your audiences and priorities: what promises will you make and keep and to which audiences? Make visible your Promise Delivery System for each of your stakeholders. The Promise Delivery System is a closed loop system that revolves around an audience and includes strategy, delivery, validation, and learning. You have a Promise Delivery System for each stakeholder that is served as well as those who serve. This is the subject of CH 8 in the Experience Design Blueprint.
  4. Define deliverables: what will you produce and deliver to keep your various promises? Think products, services, events, campaigns, programs, and communications.
  5. How does all of this line up against the calendar? What will be your day-to-day operational reality? What will your organization invest its time and resources into?
  6. Establish operating mechanisms: how will you stay on track and maintain your Promise Delivery System? What will be the rhythm and pace of the organization? Revisit your operating mechanisms and calendaring processes and events to ensure excellence in execution. Create an operating mechanism to capture ideas that may come at inconvenient times. Also, create an operating mechanism to evaluate and advance ideas. These are important to maintain (or establish) a culture of innovation.
  7. Revisit your performance metrics. How are you keeping score? If any of your metrics are irrelevant, modify them. If something is working well and appears to be a bright spot, then do more of it. Dial-up the activities that drive desired metrics. Stay focused on those areas where you have uncomfortable gaps between current performance and desired performance. See related post: Business Performance Continuums. Identify experiments you can run to test ideas for value. These represent quick trips around the Promise Delivery System.

You wouldn’t be comfortable flying in a commercial airliner that doesn’t receive maintenance and performance tuning. Your business is no different. Don’t let you customers, employees, and partners suffer through an under-performing business, especially when many of them would love to be engaged in a solution path to higher performance.

“Drive thy business, let not that drive thee.”

Benjamin Franklin
Author, Printer, Scientist, Musician,
Inventor, Satirist, Civic Activist,
Statesman, and Diplomat
(1706 – 1790)

Ben Franklin said it well, “Drive thy business, let not that drive thee.” Leadership sets the tone and begins the conversation. If you’d like some brainshare and assistance shoring up your strategy and designing deliverables to accompany that strategy, then please contact me.

about the author

Gregory Olson authored The Experience Design Blueprint, a book about designing better experiences and then making them come true. Exercises and mental models in the book will build your confidence and competence in envisioning better possibilities and then making them come true, whether you are working alone or alongside a team. Chapters in the book that especially pertain to this article include:

  • Chapter 2: Make the Customer Come Alive
  • Chapter 3: Who is in the Sandbox?
  • Chapter 8: The Promise Delivery System
  • Chapter 9: The Neighborhood
  • Chapter 11: Barriers to Innovation and Overcoming the Wall
  • Chapter 13: Taking Flight
  • Chapter 14: The World of Work has Changed (see Glimpse)
  • Chapter 15: From Argh to Aha!

Read The Experience Design Blueprint on Kindle or any device using the free Kindle Reader application or read the full color print edition.

Gregory Olson’s latest book is L’ impossi preneurs: A Hopeful Journey Through Tomorrow, a light-hearted and deadly serious book about a brighter future where we live more meaningful lives, governments invest in people and sustainable progress, and technology serves humans.

thumbnail image of author Gregory OlsonGregory Olson founded strategy and design firm Delightability, LLC. with the belief that if you delight customers then success will follow. He believes that we all have the potential to do better, as individuals, organizations, and communities, but sometimes we need a little help.  Gregory also serves as a volunteer board member for Oikocredit Northwest, a support association for social and impact investor, Oikocredit International.

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10 Quotes to Help You Overcome Your Crummy Situation

Deserters and Dead Men Walking
At some point we all find ourselves in a crummy, untenable situation. That can happen at work whether we are the leader, or the follower. The blame game in high tension environments is omnidirectional and if the oxygen is thin (as measured in cash flow), all kinds of seedy characters suddenly appear on the scene. We can get caught up in having the wrong conversations about things that probably don’t matter, especially not to customers, or a greater set of stakeholders. Many give up and move on before they can turn it around. Others stay put, like dead men walking. This happens in the tiniest of companies as well as the behemoths. So, how do you free your mind if you can’t free yourself?

The Time Machine
I want to share with you an inspiring character that if I had a time machine, I’d visit. Better yet, I’d bring him here and get his take on a few things. That character is Ben Franklin. One of the reasons I admire Ben is that he overcame who he was, to become what he could be. If you didn’t know, Ben Franklin was an indentured servant. The 10th child of a family of little means, his father once considered giving him to the church. Instead, Ben’s eldest brother took him on as an apprentice which was really more of a master – slave relationship complete with periodic beatings. Ben, of all people, could have marched on, beaten down by a system larger than him, but thankfully he didn’t. Ben went on to live 84 years and contributed to humanity in many ways including as a prominent author, printer, politician, postmaster, satirist, inventor, musician, and diplomat. He invented bifocals, electricity, and the United States Postal Service among many other things we rely on today. He created the first library in the colonies and Poor Richard’s Almanac. I still pick up a copy of the Farmer’s Almanac most years and I have library books due right now. Thanks for both of those possibilities, Ben!

Getting Free
Ben was a multifaceted success and certainly fought adversity, whether Britain and the Stamp Act, or his own people in the colonies as he promoted what’s next. He was an outspoken critic of drinking beer on the job, a recipe for declined productivity, he argued. I imagine that idea was not popular. Maybe you are a modern day Ben Franklin.  Or, perhaps you harbor a Ben stuck in your organization or even your family. If so, maybe you should set them free to do their best work. I don’t know what quotes Ben Franklin might find inspiring especially while he was in servitude. But, the 10 quotes below, I imagine would have further fueled the fire in Ben’s belly.  Perhaps these quotes can help you find your new freedom, so that you can do your best work, too.

“We can’t become what we need to be by remaining what we are.”
― Oprah Winfrey

“Lightning makes no sound until it strikes.”
― Martin Luther King Jr.

“We can’t help everyone, but everyone can help someone.”
― Ronald Reagan

“We can’t solve problems by using the same kind of thinking we used when we created them.”
― Albert Einstein

“Imagination works so quickly, quietly, and effectively that we are insufficiently skeptical of its products.”
― Daniel Gilbert, Author, Stumbling on Happiness

“Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage.”
― Niccolo Machiavelli, Italian diplomat, political philosopher, musician, poet, playwright (1469-1527)

“We must not say every mistake is a foolish one.”
― Cicero Roman author, orator, & politician (106 BC – 43 BC)

“As the births of living creatures are at first ill shapen, so are all innovations, which are the births of time.”
― Francis Bacon, English philosopher, statesman, spy, Freemason and essayist (1561 – 1626)

“Make no little plans; they have no magic to stir men’s blood — and probably will themselves not be realized. Make big plans; aim high in hope and work, remembering that a noble, logical diagram once recorded will not die.”
― Daniel Hudson Burnham, American architect and urban planner (1846 – 1912)

“People go from denial to despair so quickly that they don’t stop right in the middle and do something about it.”
― Al Gore, an Inconvenient Truth

about the author

Gregory Olson is the author of The Experience Design Blueprint, a book about designing better experiences and then making them come true. His latest book is L’ impossi preneurs: A Hopeful Journey Through Tomorrow, a light-hearted and deadly serious book about a brighter future where we live more meaningful lives, governments invest in people and sustainable progress, and technology serves humans.

image of Greg Olson Managing Director of Delightability and author of Experience Design BLUEPRINTGregory Olson founded strategy and design firm Delightability, LLC. with the belief that if you delight customers then success will follow. He believes that we all have the potential to do better, as individuals, organizations, and communities, but sometimes we need a little help.  Gregory also serves as a volunteer board member for Oikocredit Northwest, a support association for social investor and financial institution, Oikocredit International.