PICK SMART Improvements

Contractors will never have enough resources to solve all problems or take advantage of every opportunity they face.

D. Brown Management Profile Picture
Share
Leadership Tools: P.I.C.K S.M.A.R.T. Improvements.

There are a couple tools that can be used to align the team around the best utilization of resources:

PICK Chart:

  • Brainstorm the potential improvements with a cross-functional team.  This is about creating alignment as much as prioritization.  
  • Consolidate your list down into a manageable number of items - no more than 20.
  • “Force Rank” them first in order of impact highest to lowest then on execution risk to distribute them into the four quadrants.  This is harder than it seems. Try having several people do it independently then discuss and decide.  
  • Think about this as a tool that is continuously used - what might be in the “Kill” or “Challenge” categories today may be in the “Implement” category in a few months. 

SMART Improvements:

  • Starting in the “Implement” quadrant begin identifying specific improvements that can be made within the next 1-30 days.  
  • Your focus is on making progress towards your goal - beginning to climb the mountain.  Your whole path will become clearer as you start the climb.  
  • If the improvement item is too big break it down making it more specific.  
  • Set a regular weekly meeting rhythm to review progress, identify new items, adjust and keep climbing.

This seems easier than it actually is and it takes a lot of energy to keep progress moving forward.  As you gain momentum with the team you can continue to refine the process.  




Our Approach
We take a very hands-on approach with our clients, providing a valuable third-party perspective, unbiased facilitation, and specialty expertise. We look at every aspect of your business to identify the biggest growth constraints and eliminate them.
Cash Flow and the 5Cs of Credit - Conditions
The 5th of the 5Cs of Credit are the conditions for the loan, which is primarily what the funds will be used for. These conditions are here to protect the contractor as much as they are there to protect the bank.
Our Principles
“As to methods, there may be a million and then some, but principles are few. The man who grasps principles can successfully select his own methods. The man who tries methods, ignoring principles, is sure to have trouble.” - Harrington Emmerson