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MYSTERY RANCH STRATEGIC PLANNING (CORE STRATEGIES (HONE COMMUNICATION,…
MYSTERY RANCH
STRATEGIC PLANNING
CORE STRATEGIES
HONE COMMUNICATION, Internally and Externally
Define, adopt system parameters :explode:
Define core technologies; mandatory checklist of known technologies for each team/department.
Create knowledge base and file management structure :explode:
Version control
Cloud or server
Goal is efficiency with teams and organization
Define folder structure
Define a communication hierarchy per department :explode:
Title/Person's Name; Entry sentences of JD with bullet points
Posting Locations
Timeclock
Each Department
Hardy server
HR Rancher email (as updated)
Communicate the Mission, Vision, Values of MYSTERY RANCH :explode:
Visibility/Repetitive
Engaging - how to connect each individual
Presentation
Storytelling [Marketing]
Company Handbook
Informative Cards
Branding throughout the office; common thread throughout the building leading back to the BFTM statement at the time clock.
Strategic Deck; transparency
Showroom/Conference room [Branding Update]
Meetings
Dana and Renee championing the M,V,V to the company on a month basis.
Pulse check meetings [informing small groups]. Cross-functional, smaller meetings to communicate strategic ideas [when, where, who, #'s/year. This would take place after the strategic meeting debrief
Branding: workbooks, tradeshows, website, social
Invitation "in", what's your mission? (relatable, inspirational interaction)
By demonstration
People
Innovation
Quality; testing
Teamwork
Improvement
Explain the revenue plan, department strategies, and financial vision :explode:
Presentation format - Determine size of group, who presents, brief 20 minutes.
Understanding "why" we are succeeding and challenged as we review; learning organization; credible, transparent organization.
Internally - important info is shared to the group; info not to be shared externally.
INVESTINTHE RANCH AND OUR LEADERSHIP to maximize our resources and achieve our growth goals
Retain Employees :explode:
Create professional growth opportunities
1 Research professional growth levels
2 Review Performance Review system
1. Ensure Competitive Wages and Benefits
3 Research profit sharing, bonus structure
Other: pack building, flex hours, education stipend, community involvement
2 Research 401k and health insurance improvements
1 Benchmark wages in hiring and annual review process
Create Efficient and effective teams:explode:
Train employees
2 Document and budget job specific training, certs, software, equipment
3 Research/implement time management course(effective meetings)
1 Identify and schedule leadership courses
Improve the hiring and onboarding of future Employees
1 Create document to explain our culture
2 Create a document of corporate guideline and questions
Evaluate Infrastructure
1 Survey employees about faculty needs and compile results
2 Create list of technology and equipment needs from Dept heads
USE DATA FOR BUSINESS INTELLIGENCE and financial clarity
Budgeting & Planning
Reporting & Performance
What-if & Changes
Budget Collection & Approval
Strategic Focus
Selecting KPI's
Define Business Drivers
Targets & Thresholds
Reporting & Accountability
Consistency & Accurate Data
Standards for Data Entry
Standards for Data Collection
Process of Data Validation
Formalized Business Processes
Standard Reporting
Operational
Development
Sales Reporting
Marketing
Financial
Production
Enterprise
NEW
SARTORI Software
CREATE EMPLOYEE ENGAGEMENT, FOSTER OUR CULTURE, CREATE ACCOUNTABILITY
Culture & Engagement Strategic Initiative, Team 2 :explode:
RACI MAP (Responsible, Accountable, Consulted, Informed)
Reward / Recognize Employees
Availability & Time Management (better meeting management so that we have more time for real communication)
Sensitivity To Feedback (open communication)
Consistency Well Defined Expectations & Timely Consequences
Listening & Knowing You're Being Heard
KPI'S
Building Mutual Trust & Creating Respect
Understanding How You Work Affects Others & Understanding What Others Do
Embracing Confrontation Not Shying Away From Conflict
Training and Mentorship (being taught vs. Learning on the fly)
Develop Accountability
Communication Standards (3)
Communicate Dependencies (2)
Research Accountability Methods (4)
Evaluate & Document Process (1)
Defined Channels Of Communication
Transparency
Create a document that explains MR culture
Culture & Engagement Strategic Initiative, Team 1 :explode:
Continue To Reward Employees (Who Care...) e.g., Make Pow Days an Official Thing
Promote Lightness Of Touch In HR Policies/Don't Impose
Empower Managers To Identify Unique Ways Of Tailoring Employee Appreciation To Individual Teams
Keep The "We"
Keep It Funky/Weird Individuality Encouraged
Identify Hiring Objectives That Take Culture More Seriously
Focus On Pack Building (give more opportunity for employees to explore sewing/building)
More Team Building
Identify Outside Examples Of Creative Business Cultures (what can we adopt/adapt to fit MR)
What is MR Culture :explode:
Flexible With People; Serious about Product
Derelicts - Not Your Average Business People
Come As You Are
Maintain Healthy Culture
Research Active Lifestyle Stipend:
-Skiing
-Hunting
-Lunch Activities
Schedule Team Building events
LEGACY PLANNING FOR THE NEXT STEPS FOR MYSTERY RANCH
Identifying Potential Financial Mechanisms :explode:
Valuation of Company
Review of 3 years Financial Statements
Quality of Earnings Review
2 Different Valuation Methods
?Develop a Brand Book?
Define Desired Legacy of Company :explode:
Ongoing Strategic Planning
Organization Structure
Continue to Culture
Identify Attorneys :explode:
Personal
Wills
Estate Planning
Corporate
Plan for Unplanned Exit
Evaluate ByLaws & Corp. Docs :
Plan for Controlled Exit
Define Future Corporate Structure :explode:
Determine Org Structure Goal
Identify Intermediate Steps to Goal
UNITE MISSION & MOUNTAIN TEAMS
Show The Value Of Market Diversity (Luke 1/1/19) :explode:
Financial history
Stability of Mountain supports Mission/innovation; Mission creates windfalls
Crossover of material and process development
Use LE as a case study
US sales of EX product
Outdoor product for pro users with guns
Fit For Use
explain why we take on challenging/short term mission projects - celebrate the successes
look for ways to streamline the process for poorly defined/quick turn mission projects
M&M Shirt or Morale Patch (Hoffer 11/30/18) :explode:
Hold Regular Meetings Between Mission and Mountain Sales; Mission and Mountain Developers; Mission and Mountain Product Designers. :explode:
Reduce Conflict & Competition for Shared Resources (Luke & Cam) :explode:
Calendar for Fire
Develop process for finished goods (allocation/timing) e.g., future commits of inventories
Budgeting
Identify resource constraints
Marketing
Operations/Factory Capacity
Testing
How to Alleviate?
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