Aim for the Clouds - Looking at Your Objectives

As contractors plan their businesses, projects, production or improvement goals it’s important to look at objectives in two ways.

D. Brown Management Profile Picture
Share
Quote: Aim for the highest cloud so that if you miss it, you will hit a lofty mountain. Maori Proverb.

The two ways to look at objectives are Committed and Aspirational.

  • Committed: What will we really do; no matter what?
  • Aspirational: What’s a goal that everyone gets excited about but is extremely uncomfortable to even say?

“Uncomfortably Excited” is how Larry Page describes these in Measure What Matters 

BHAGs - Big Hairy Audacious Goals is what Jim Collins describes them as in Built to Last 

The All Blacks set extremely high standards for everything to build their Legacy 

Let’s look at something simple like production.  If an electrical contractor sets a goal of improving branch raceway installation by 5% that can be worth several hundred thousand dollars per year.  It’s totally achievable with Kaizen level process improvements including talent management.  

If they set a goal of 50% labor savings they would have to radically change the process starting with the design and interface with other subcontractors.  Setting an aspiration like that - in the clouds - and then working relentlessly to get there will force a completely different level of thinking.  

This can be worth millions of dollars and a nearly unbeatable competitive advantage.  Remember -

“It always seems impossible until it is done.”

Nelson Mandela



Incentive Compensation for Contractors - Audience Question: Cooling Off Period and Closing
Sometimes, any change in the organization, including incentive programs, simply doesn't work.
Multiple Dimensions of Talent
People are muti-faceted, there is no precise way to measure any dimension, and people are constantly changing. Understanding just some basics about the various dimensions of talent can help you be a better manager and design better jobs.
CFMA: Talent Pipelining
Contractors will face continually worsening talent shortages through 2030. Those that want to continue sustainable growth must manage every aspect of their talent management processes with extreme rigor.