About Podcast
In the last episode, you learned about the X-matrix – a powerful visual tool to link strategy with execution. Now it’s time to learn how to use one to create your strategic growth plan!
Don’t worry, we won’t leave you alone! You can actually listen to our producer and host, Alicia Butler Pierre, as she describes how we completed an X-matrix to assist you in creating your own. In this episode, Alicia explains the events leading to the development of our long-term strategy to convert our business model from being 100% consulting to 100% training.
This shift in our business model laid the foundation for completing our X-matrix. It also includes our idea for an online course that we were able to vet and validate thanks to the Lean Canvas tool described at the beginning of this season.
Also included in this episode is:
- An explanation of how to complete an X-matrix,
- How to use the S.M.A.R.T. method to define strategic goals,
- A demo of our X-matrix, and
- Discussion of the action plans required to implement strategic goals.
Be sure to download the free X-matrix template provided in the show notes so that you can follow along. Good luck!
- Strategic Pivoting through Customer Validation: Learn how customer interviews and Lean Canvas insights informed a strategic shift to meet real market needs.
- Using the X-Matrix for Strategy Execution: Understand how to visually align long-term goals, annual objectives, and improvement priorities using the X-matrix.
- Translating Vision into Annual Priorities: See how future-focused goals, like transitioning to training or preparing for exit, become specific actions for the year.
- Fostering Ownership with Role Mapping: Explore how clearly defining roles within the X-matrix builds team accountability and execution clarity.
- Bringing Strategy to Life with SMART Targets: Discover how SMART goals turn strategy into measurable outcomes that track progress and drive results.
Monologu by: Alicia Butler Pierre, Founder and CEO – Equilibria Inc.
Location: Atlanta, GA
Air Date: May 26, 2024
Article:
- The X-Matrix: Don’t Start 2024 Without This Strategic Planning Tool: an article by Alicia Butler Pierre about the X-Matrix.
Template:
- Hoshin-Kanri-X-Matrix: a template that is used for strategic planning.
- Producer & Host: Alicia Butler Pierre
- Audio Editor: Sabor! Music Enterprises
- Sound Design: Sabor! Music Enterprises
- Video Editor: Gladys Jimenez
- Production Assistant: Grant Revilla
- Sponsor: Equilibria, Inc.
More About Host, Alicia Butler Pierre:
Alicia Butler Pierre is the Founder & CEO of Equilibria, Inc. Her career in operations began 25 years ago while working as an engineer in various chemical plants and oil refineries. She invented the Kasennu™ framework for business infrastructure and authored, Behind the Façade: How to Structure Company Operations for Sustainable Success. It is the world’s first published book on business infrastructure for small businesses. Alicia hosts the weekly Business Infrastructure podcast with a global audience across 68 countries.
More About Host, Alicia Butler Pierre:
Alicia Butler Pierre is the Founder & CEO of Equilibria, Inc.. Her career in operations began over 25 years ago while working in various chemical plants and oil refineries. She invented the Kasennu™ framework for business infrastructure and authored, Behind the Façade: How to Structure Company Operations for Sustainable Success. She is the producer of the weekly top 2% Business Infrastructure podcast with a global audience across 70+ countries.Alicia is also an adjunct instructor of Lean Principles at Purdue University and serves as the USA Chair of the G100’s Micro, Small, and Medium Enterprises. The Process Excellence Network recognized her as a Top 50 Thought Leader in Operational Excellence. A chemical engineer turned entrepreneur, she’s designed and optimized processes for small businesses, large enterprises, non-profits, and government organizations alike.
More About Sponsor, Equilibria:
Equilibria, Inc. is an 19-year-old boutique operations management firm. We build the business infrastructure necessary for fast-growing businesses to scale with less pain. With a range of services and products, entrepreneurs can get the operational support and resources they need on demand.