I have the delightful opportunity each month to visit with numerous leaders and managers in different companies through out the country. Given my long term working relationships with these individuals, we quickly get past the superficial and end up in the deep end of the pool, dealing with complex and often unique adaptive situations and problems that cross their path. Working at this level with so many people, it becomes abundantly clear that the best leaders and the best managers all rely on their company’s strategic nexus to make the appropriate decisions and actions which will move the company forward in a successful manner.
The strategic nexus in each company is unique to that company. First, nexus comes form the Latin word, nectere, which means to bind or hold together. In successful companies, the strategic nexus is the sum of two things, namely it’s core ideology and it’s strategic plan. The former is defined by the company’s mission, vision and core values. The latter is defined by the goals and metrics within the strategic plan. The goal of the former is to preserve the core of the company and the goal of the later is to constantly stimulate progress. When these two are utilized well, then an organization can move forward confidently and consistently no matter what is taking place around them.
However, many young leaders and managers are not clear about what the basic elements within the nexus mean. Often, when asked about these elements, I like to explain them in this manner. First, the vision of the company is the destination we are seeking to get to over time. Second, the strategy of the company is the path we choose to take to get to that vision. Next, the mission of the company is what we do along that pathway and the core values are how we act with each other and our customers along the path. Finally, the tactics are the decisions and choices we take along the path to the vision. While I recognize that this is a simplistic way to explain some very complex concepts, it is, nevertheless, a good beginning.
In short, the best leaders and managers that I have have met during my wonderful life journey all utilize a well defined and well communicated strategic nexus to make their organizations highly successful. It is the source that ties it all together.