When did priority become priorities? How can multiple things be “most important?”
If everything is important (or a priority) then nothing is important. In our culture work one of the universal challenges we’ve helped leaders address is multiple priorities because there is not one well-understood definition of how they win. What does each person need to do to contribute to the overall success (strategy) of the organization?
Simon Collinson, professor of international business and innovation at Warwick Business School found that the largest 200 global companies are losing an estimated 10.2 percent of their profit (EBITDA) as a result of harmful complexity in their business. Complexity comes from rules, processes, systems, hierarchy…all the things that build up over time and periodically need culled.
Tips to reduce complexity and get clear on your PRIORITY:
Whether it’s in your life or your organization, what is your priority? Define success and eliminate everything that doesn’t contribute to it. Good is the enemy of great because it’s easier to settle into a routine of doing what we’ve always done and getting reasonably good results. Good enough is transformed into greatness through aligned focus on a priority.