Benefits of combining OGSM and Obeya
Learn how OGSM & Obeya can transform your business strategy. Learn practical applications and overcome challenges for more effective management.
OGSM, which stands for Objectives, Goals, Strategies and Measures, is a powerful strategic planning model that helps organizations translate their vision into concrete, measurable goals. It offers a structured approach to formulate and execute the business strategy. But why is it so important to align OGSM with the company vision?
The corporate vision forms the foundation of every organization. It gives direction to where the company wants to go and what it wants to achieve. By aligning OGSM with this, we ensure that all efforts and resources are focused on realizing that vision. This not only creates clarity and focus within the organization, but also significantly increases the chances of success.
In order to implement OGSM effectively, it is essential to have a good understanding of the four core components. Objectives are the overarching, qualitative objectives that result directly from the company vision. Goals are the specific, measurable and time-bound goals that contribute to achieving the objectives. Strategies describe the approach to achieving these goals, while Measures are the concrete measurement points for monitoring progress.
By carefully coordinating these components, a coherent strategic plan is created that seamlessly matches the company vision. This provides a clear roadmap that all employees can follow, which greatly facilitates the implementation of the strategy.
Aligning objectives with the company vision requires a thorough analysis and an iterative process. Start by thoroughly studying the company vision and identifying the core values and long-term goals that lie within it. Then translate these into concrete objectives that directly contribute to the realization of the vision.
Involve various stakeholders from the organization to create broad support and include different perspectives. Regularly check whether the formulated objectives are still in line with the vision and adjust them if necessary. This continuous coordination ensures that the organization remains flexible and can respond to changing circumstances without losing sight of the core vision.
The implementation of OGSM starts with organizing workshops in which the company vision is translated into concrete objectives. Involve the management team and key stakeholders to develop a widely supported strategy. Then formulate specific goals that contribute to achieving these objectives.
Develop strategies that indicate how to achieve these goals and define clear measures to monitor progress. Provide regular evaluation moments to adjust implementation and ensure alignment with the company vision. Clearly communicate the OGSM strategy to all levels of the organization to create engagement and alignment.
One of the biggest challenges in implementing OGSM is maintaining focus on the long-term vision while working on short-term goals. Organizations can sometimes put too much emphasis on rapid results, losing alignment with the overarching vision. It is crucial to find a balance between short-term actions and long-term aspirations.
Another challenge is to create measurable goals that are directly linked to the often abstract business vision. This requires creativity and a deep understanding of both the organization's vision and operational reality. Regular review and adjustment of the OGSM strategy are essential to overcome these challenges and ensure alignment with the company vision.
OGSM differs from other strategic planning models because of its focus on alignment and measurability. Compared to, for example, the Balanced Scorecard, OGSM offers a more streamlined approach that makes a direct link between vision and execution. The model is more flexible than traditional long-term strategic plans and allows organizations to respond quickly to market changes.
Where models such as SWOT focus on analysis, OGSM goes one step further by linking concrete action plans to strategic objectives. This makes it a highly effective tool for organizations that want to translate their strategy into tangible results while staying true to their overarching vision.