You can find more on that HERE if you’re interested.
The idea of forgoing formal strategic plans for a handful of guiding principles may sound a bit far fetched, and granted it may not work for everyone, but when you stop and consider what we’re really trying to accomplish with strategic plans in the first place, which is ACTION, then I think it makes sense to at least take a look.
Here’s what Nordsrom’s did:
In an effort to train its entire team in how to deliver stellar customer service on a consistent basis, they tossed out the giant, three-ring binder that contained all kinds of policies and FAQs regarding customer service. All new hires are now trained with one phrase: “Use your good judgment in all situations.” That’s it.
Of course, there are plenty of stories that are then told in their ongoing training sessions as examples of what kinds of situations might come up, how employees have handled such issues in the past, and what can be learned from both the good and bad outcomes. The guiding principles lead to action, the action can then be studied and refined, and continuous improvement occurs. As the old Shewart Cycle reads, “Plan, Do, Check, Act,” then do it all over again.
Success is a process, not an event, and guiding principles can help keep that process in motion.
I will never put my name on anything that does not have in it the best that is in me.” – John Deere