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Quick Reference Guide
To achieve a goal you have never
achieved before, you must start doing
things you have never done before.
#1: Defining Your Wildly Important Goals (WIGs)
Remember to follow a structured process to identify and
define the best WIG(s) for your organization. Selecting the
right WIG is crucial.
1. Brainstorm
Engage your team and peers in brainstorming a list of possible
WIGs. Engagement in this process drives commitment.
Don’t just settle for a few ideas, gather as many as you can.
The longer and more creative the list, the higher quality the
final choice will be. And remember to think, ‘what?’ not ‘how?’
at this stage in the process.
2. Rank by Impact
When you’re happy with your list of potential WIGs, next step
is to rank them. You’re trying to find the WIG that will have
the greatest impact on the overall company performance.
The way you rank will depend on the nature of the overall
company WIG:
l A financial goal – rank in terms of prospective revenues,
profitability, investment performance, and/or cost
savings
l A quality goal – rank in terms of efficiencies gained,
cycle times, productivity improvements, and/or
customer satisfaction.
l A strategic goal – rank in terms of service to the mission,
competitive advantages gained, opportunities captured,
and/or threats reduced.
1. Brainstorm
Engage your team and peers in brainstorming a list of possible
Lead Measures. Resist the temptation to choose quickly.
Remember, there are two types of lead measure that you may
wish to adopt:
2. Rank by Impact
When you’re happy with your list of candidate lead measures,
you’re ready to identify the ones that will have the greatest
potential impact on the team WIG.
Your goal is to pick two or three lead measures that will have
the biggest leverage. Avoid the temptation to try to do to do
everything. The more you try to do, the less energy you have
to give to any one thing. Narrowing the focus to a few lead
measures permits stronger leverage.
l Is it predictive?
l Is it influenceable?
l Is it an ongoing process, or a “once and done”?
l Is it a leader’s game or a team game?
l Can it be measured?
l Is it worth measuring?
4. Articulate the Lead Measure
Once you’ve tested and selected your WIGs, articulate them
as clearly as possible to ensure they are well understood and
simply to track. Here are a few tips to ensure your WIG is well
articulated.
1. Choose a theme
Choose a theme / design for your scorecard that displays
clearly and instantly the measures you are tracking. Give
thought to the type of charts that are most appropriate for the
data you are displaying.
THE PROCESS
RANK BY IMPACT
STEP 2 # When you’ve created a list of candidate WIGs, you're ready to identify the ideas
that promise the greatest potential impact.