Sunday, February 20, 2005
Goal-Setting: The 90-Day Challenge
Working Smart writes:
Why prepare 90-Day Objectives? Four reasons:
1. To identify what you want to accomplish.
2. To help you focus on what matters most.
3. To make sure that you and your supervisor are in agreement regarding your priorities.
4. To provide you with accountability.
The Ideal Board Meeting
Torsten Jacobi points to a Brad Feld post:
* 5 minutes: Administrative items (approve the minutes, approve new options).
* 55 minutes: Department updates. We used the board package as the guide, but each exec spent a few minutes summarizing key points (rather than reading from the package) and then we drilled into Q&A and discussion on each area. It was a spirited discussion that was forward looking (e.g. “what are we doing in the next 30 days about issue X”) rather than backward looking (e.g. “good job on doing Y last month.”)
* 90 minutes: 2005 Strategic Priorities. We worked from a six page powerpoint presentation (that had crappy production value, but was high content value) and spent 80% of our time on one slide. The entire leadership team participated in the discussion – it wasn’t a “presentation of a conclusion” but a “discussion about what to do given limited resources and divergent opportunities.
* 30 minutes: Executive Session (Board Only). We talked about a handful of personnel related issues, summarized the discussion, and set the tone for Q105.