Vol: 2, Issue: 3 2012

Page: 24-29

Survey on Team Effectiveness Measurements as Execution Key to Success

Deepak Kumar Garg

Strategic decisions should focus on Outcome, Time remaining, and current Value/priority. The outcome comprises both the desired ending goal and the plan designed to reach that goal. Managing strategically requires paying attention to the time remaining to reach a particular level or goal and adjusting the pace and options accordingly. Value/priority relates to the shifting, relative concept of value-add. Strategic decisions should be based on the understanding that the value-add of whatever you are managing is a constantly changing reference point. An objective that begins with a high level of value-add may change due to influence of internal and external factors. Strategic management by definition is managing with a heads-up approach to outcome, time and relative value, and actively making course corrections as needed.