00:51 – Introducing today’s topic, “The 3HAG Way” planning system
01:13 – Background of Shannon Susko
03:01 – How 3HAG System bridges the gap between 1-year goal and BHAG (Big Hairy Audacious Goal) System
05:38 – An anecdote from General Dwight Eisenhower
08:18 – The significance of aligning your team to the core values of the organization to effectively build enterprise value
10:51 – Mapping out your internal and external environments
14:14 – How Market Attribution Framework is used to generate the core of your 3-Year Strategy
16:43 – Articulating exceptional strategies to fill in the gap
17:21 – Plotting concrete milestone steps to achieve the differentiators
19:20 – Assessing your current human resources versus the requirements you need to meet to accomplish the 3-Year Goal Strategy
21:29 – The Cash Conversion Cycle
22:53 – Michael leaves the audience with a quote
TWEETABLE QUOTES
“You get out what you put in.” (02:09)
“In preparing for battle, I’ve always found that plans are useless but planning is indispensable.” – General Dwight D. Eisenhower (05:30)
“Preparation is everything but when the plan is put to the test we must be prepared for variances that are out of our control.” (07:41)
“If we’re clear about our foundations, then we can be more effectively able to withstand events and adjust the variables that threaten our efforts to build enterprise value.” (08:52)
“Strategy is about being different” (16:21)
“When there is no vision the people will perish”. Proverbs 29:18 (22:59)
RESOURCE LINKS
Shannon Susko
Michael’s LinkedIn
Michael’s Website
BOOK'S MENTIONED
Built to Last by Jim Collins
5 Dysfunctions of a team by Patrick Lenconi