Wednesday, October 27, 2021

Mission Statements that Work: Your Roadmap to Winning


Mission Statements that Work: Your Roadmap to Winning
Takeaways
“Take the time, spend the energy, and make your mission and values real.” Jack Welch
Defining Your Mission and Values
What it Means
Mission and values are critical components of your business. They state how your organization is going to win, and the behaviors and actions it’ll take to get there. An effective mission statement answers one questions: “How do we intend to win in this business?”
Why it Matters
·         A company cannot reach its full potential without a concrete mission that defines what it is, why it exists, and where it is going.
·         An effective mission statement gives people a clear sense of the direction to profitability and removes inefficiencies and lost opportunities caused by a lack of focus.
·         A great mission helps people to feel that they are a part of something big and important.
·         The values (or behaviors) that define a company’s culture can be more powerful than any rules and policies in keeping business running the right way.
“Mission-setting can be a defining moment for a company’s leadership. It’s the true test of its stuff.” Jack Welch
Action Plan
Your Roadmap to Winning
Whether you are the CEO of a major company, run a whole division, or lead a small team, having a great mission statement and clear values to support it is critical to your success. The following activities will help you:
·         Analyze the efficacy of the current mission and values of your organization
·         Craft a mission statement for your team that focuses their energy on goals that are both aspirational and attainable
·         Establish values that support the mission and set clear behavioral expectations for your team
Action Plan
Your Starting Point
You may or may not have any influence over this right now, but it is important that you understand the starting point that senior management has established. You will have the opportunity to think about how you can influence the mission and values of your division or team in another activity.
1.       Does my company have a mission? What is it?


2.       Is it clear? Aspirational? Achievable?


3.       In what ways does it answer the question, “How are we going to win?”


4.       How do I currently implement my company’s overall mission into my own team’s activity?


5.       What specific values (behaviors) has my company identified that support the mission?


6.       Can the values be translated into actions that can be observed, communicated, taught, measured, and rewarded? Describe at least one behavior that would support each value.


Quick Wins with Mission and Values
The following are three simple activities you can use to set the stage for a Mission and Values discussion with your team.
·         Ask each team member to locate and review your organization’s existing mission statement.
·         After reading the mission statement, have each person complete a brief survey or, if you prefer, have a group addressing:
On a scale of 1-5, with 5 being “very” 1 being “not very”
·         How clear, specific and descriptive is the mission statement?
·         How actionable is it?
·         How much does it excite you?
·         How much does it motivate you to stretch yourself to achieve the mission?
·         How well does it provide a clear sense of direction to profitability?
·         How much does it make you feel like you are a part of something big and important?

·         Ask each team member to find and share three examples of mission statements from other companies that they really like. Have them explain why they like the mission statements. (Another option for this activity is to ask your team to also locate mission statements that they don’t like and explain why they don’t like them—they might sound phony, dull, or just too vague).
Developing a Team Mission—First Steps
Just because your company already has an overarching mission, it doesn’t mean that your team can’t develop a mission of its own (as long as the two support each other and are not in conflict). In fact, building a team mission can have a tremendously unifying and motivating impact on the energy and focus of the team.
If you’re going to create a team mission, set expectations first. Don’t just walk into the next meeting and say, “Today, we’re going to create a team mission statement.” You want your team to come to the meeting well-prepared to discuss and debate questions like, “What is our true purpose as a team? What are we about?” Have a few structured conversation-starters set ahead of time, such as:
·         Why do we exist?
·         What do we want our team to be? What are our aspirational goals?
·         How can our team leverage its strengths to help the company as a whole win?
These questions, coupled with the “Quick Wins” ideas from the earlier activity, will frame the discussion and help the team get some great ideas flowing.
Refining Your Team Mission
As you work through the previous activity, don’t rush to get a finished mission statement too quickly. It is natural to want to get the words just right, but your mission doesn’t need to be pretty or eloquent or inspirational . . . just yet. Focus first on getting the main idea right. Refinement will come quickly enough once you’re on the right track and then you can work to make every word count.
As the mission evolves, you will naturally be drawn into discussions about:
·         Which projects are consistent with the mission and which are not?
·         Where should resources be focused and where should they be withdrawn?
·         Where must trade-offs be made to achieve the mission?
All of these are critical questions and, to be fair, some of them may be beyond your team’s control. That’s fine. The point is to create a mission that clearly points the way forward. Remember, you can’t be all things to all people and it’s often just as important to define what you are not. A clear mission can keep you on track and can keep you from being pulled away by distractions.
Your goal is to get to a mission that, within just a couple of sentences, captures your true purpose and it at once both deeply aspirational and reasonably attainable.
Setting the Values for the Team
Getting to a great mission statement is critical, but it’s only the first step. To make the mission fully actionable, you’ll also need a share set of values that will help your people drive towards the mission day to day, in everything they do.
As you describe your desired culture, think about what behaviors you want your people to display. Specific values must be concrete an explicit. A great way to test whether values are specific enough is to have your team members ask themselves the following questions.
Well-defined values can be . . .
·         Observed
If I walked in and saw our values in practice, what would I see?

·         Communicated
As I explain to team members what I expect of them or retell a story about what one of our best team members did on a really great day, what action words would I use?

·         Taught
If a new member joined the team or I need to coach a current member on how to improve, can the values be presented in explicit lessons that can be learned by others?

·         Measured
How do I know when our values are happening and how do I know “mow much” they are happening?

·         Rewarded
As I think through how to reward my team members for practicing our corporate values (and more will follow in another module), how do I make sure I am reinforcing the right behaviors?
Values describe the best behaviors of your best employees on their best days and in doing so, answer the question, “How are we going to achieve the mission?”
Game Pages
Your Roadmap to Winning
Your Starting Point
Strong Mission Statements
Statement: ­­­­­­­­­­­­­­­­­­­__________________________________________________________________________________________________________________________________________________________________________
Why it works: ­­­­­­­­­­­­­­__________________________________________________________________________________________________________________________________________________________________________
Statement: ­­­­­­­­­­­­­­­­­­­__________________________________________________________________________________________________________________________________________________________________________
Why it works: ­­­­­­­­­­­­­­__________________________________________________________________________________________________________________________________________________________________________
Statement: ­­­­­­­­­­­­­­­­­­­__________________________________________________________________________________________________________________________________________________________________________
Why it works: ­­­­­­­­­­­­­­__________________________________________________________________________________________________________________________________________________________________________
Weak Mission Statements
Statement: __________________________________________________________________________________________________________________________________________________________________________
Why it’s weak: __________________________________________________________________________________________________________________________________________________________________________
Statement: __________________________________________________________________________________________________________________________________________________________________________
Why it’s weak: __________________________________________________________________________________________________________________________________________________________________________
Statement: __________________________________________________________________________________________________________________________________________________________________________
Why it’s weak: __________________________________________________________________________________________________________________________________________________________________________
Mission Statement and Vision
Our Mission: ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
The values that will get us there: ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
On a scale of 1-5, with 5 being “very” and 1 being “not very,” describe your reactions to our company mission statement.
·         How clear, specific, and descriptive is the mission statement?
1                           2                                  3                                  4                                  5
·         How actionable is it?
      1                           2                                  3                                  4                                  5
·         How much does it excite you?
      1                           2                                  3                                  4                                  5
·         How much does it motivate you to stretch you to achieve the mission?
      1                           2                                  3                                  4                                  5
·         How well does it provide a clear sense of direction to profitability?
      1                           2                                  3                                  4                                  5
·         How well does it make you feel like you are a part of something big and important?
      1                           2                                  3                                  4                                  5
Connecting Values with Behaviors
I am demonstrating the value of
_____________________________________________________________________________________
when I



I am demonstrating the value of
_____________________________________________________________________________________
when I




I am demonstrating the value of
_____________________________________________________________________________________
when I