This execution model is a planning and operating method developed to create a shared vision, focus effort on mission-critical work, and provide flexibility and agility in a highly competitive or unstable market. The effort is driven toward the company mission, indicated as True North, which provides visibility and guidance to the organization, allowing for focus when driving for results or if needing to course correct.
A car’s dashboard is designed to help you to determine how the automobile is running and to decide what you need to do to keep the car running at peak performance. Similarly, a business’s critical measurements are crucial to monitoring performance and determining what is working, what is not, and where to focus resources. It is beneficial to have the right metrics in place to be able to strengthen judgment and support decision making.