Many of my own personal management frameworks were imprinted into my brain during my years at Procter & Gamble. One of the most fundamental is that plans should flow from strategies. It was right then. It’s still right. But it’s theoretically elegant and practically useless without the enablers required for success including human capabilities.
A more complete value creation framework geared for success includes these components:
- Purpose (mission, vision, guiding principles – including the core nature of business and culture)
- Overarching strategy and posture
- Strategic priorities
- Enablers and human capabilities