GA 525 | Crafting a Long-Term Vision with Jennifer Drago
Apr 25, 2024
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Guest Jennifer Drago discusses crafting long-term visions, data-driven strategies, overcoming resistance to change, and more. Highlights include balancing profit with altruism, creating strategic pillars, and effective communication of vision. Jennifer shares how she overcame resistance to change and reflects on career successes, including a remarkable obstetrics program achievement.
Crafting a detailed long-term vision with strategic pillars is essential for guiding organizational growth.
Communicating the why behind the strategy through storytelling increases buy-in and engagement from the workforce.
Deep dives
Importance of Vision and Strategic Objectives
Having a clear vision and defined strategic objectives are crucial for business leaders. Without a vision, it's like riding a horse without knowing the destination. Even with lean methodologies, lack of vision can't be compensated. Jennifer Dragot emphasizes the importance of creating a long-term vision and data-driven strategies for organizations.
Crafting a Vision Narrative for Organizations
Jennifer discusses the distinction between a vision statement and a vision narrative. A vision narrative paints a vivid picture of the organization's future in 5 to 10 years. It includes aspects like the number of people served, products and services, revenue goals, social impact, and team expansion. Crafting a detailed vision narrative is essential for guiding organizational growth.
Storytelling and Long-term Purpose
Storytelling plays a key role in reinforcing the organization's long-term purpose and vision. Communicating the why behind the strategy increases buy-in and employee engagement. Jennifer advocates for integrating storytelling into discussing organizational goals to create a meaningful connection with the workforce.
Challenges in Strategic Planning and Governance
Leaders often face challenges in adapting to change and getting buy-in from all levels of the organization. Lack of visibility and measurement of progress hinders successful plan execution. Strengthening board governance, addressing resistance to change, and maintaining regular progress tracking are crucial for effective strategic planning and execution.
This week's guest is Jennifer Drago. Ron and Jennifer discussed having a long-term vision, data-driven strategies, overcoming resistance to change, and more. An MP3 audio version of this episode is available for download here.
In this episode you'll learn:
The quote Jennifer likes (4:01)
Her background (4:24)
Why having strategy and vision is important (7:35)
Balancing for-profit need with altruism (10:05)
Painting the long-term vision and creating strategic pillars (15:56)
Getting total buy-in (17:25)
Communicating your vision (19:39)
Some general examples (21:18)
How Jennifer overcame resistance to change (23:27)
Other challenges she has seen leaders face (25:30)
What Jennifer is most proud of (29:30)
Podcast Resources
Right Click to Download this Podcast as an MP3
Jennifer's Website
Jennifer on LinkedIn
Jennifer on YouTube
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What Do You Think?
What is your long-term vision? How did you arrive at it?
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