From the course: Strategic Focus for Managers
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Running a prioritization process
From the course: Strategic Focus for Managers
Running a prioritization process
- A consistent and regularly-scheduled prioritization process helps eliminate distractions and focus your efforts on the most meaningful projects. Some processes are formal while others are simply frequent conversations about priorities. Choose a process that's appropriate for the size of your organization. I've worked for two very different organizations. One was large and one was a small business unit. In the large one we had a very formal prioritization process. All departments were involved and you had to have a very rigorous business case to get your idea on the list. In the small business unit it was an informal process. We achieved prioritization by allocating budget to different budget owners. We then gave them discretion to choose their own priorities. In the large organization it was very rigorous, but sometimes we lacked agility. It kept us focused, but at the cost of innovating every once in a while. In the small organization it enabled a lot of distractions to happen…
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