The business model or operating system is how a company is run. With a hat tip Thanks to our engineering background, Axelerant's operating system is simple. We bind people through all levels of the organization through a common why, what, and how. The following are ways we apply them at Axelerant.
As an organization, we have a common purpose (why), a mission we align to (what), and shared cultural values (how)A domain of authority bounds our .
Our departments and service areas , has have a shared mission (why), prioritized goals (what), and success metrics (how).
Project teams have a shared desired outcome (why), prioritized goals (what), and expectations (how).
A domain of authority bounds roles (why), core responsibilities (what), and verifiable expectations (how).
We unite our organization for success through the semantics of why, what, and how.
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Why Use V2MOMs?
Marc Benioff, CEO of Salesforce, introduced the V2MOM over 20 years ago to help people focus their collective energy towards success via through constant communication and complete alignment, with the help of a management process based on aspects of Vision, Values, Methods, Obstacles, and Measures. Much of what we do in Axelerant's day-to-day operations is defined by V2MOM documents that tie back to our Being Axelerant. Each domain and some smaller groups have a V2MOM they jointly work towards.
The V2MOM enables Axelerant to clarify what we're doing and then communicate it clearly to the relevant domain through these five points, which create a management framework for alignment and leadership:
Vision: Defines what we want to accomplish.
Values: Principles and beliefs that help us pursue the vision.
Methods: Actions and steps to take to get the job done.
Obstacles: We must overcome these challenges and issues to achieve the vision.
Measures: How we measure achievement.
These five V2MOM parts guide us on to where we are going and help us understand how to get there in line with by our simplified business modeling.
Why in vision.
What encapsulates values and methods.
How obstacles and measures
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V2MOMs work because of four underlying principles.
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Adaptability: Business plans tend to be static and oft-forgotten. A set of tightly linked V2MOMs makes far more sense in a fast-moving business. When you need to change direction, update the V2MOM at the highest level, and people will switch gears.
Kick-Off the V2MOM
Each domain should have a shared, high-level strategy document in its service handbook. This document is the glue for a group's mission and underlying framework towards https://axelerant.atlassian.net/wiki/spaces/OA/pages/1447493744/Being+Axelerant#Decision-Making.
Making Why/What/How Practical at Axelerant
Much of what we do in Axelerant's day-to-day operations is defined by V2MOM documents that tie back to our Being Axelerant. Each domain and some smaller groups have a V2MOM they jointly work towards.
The V2MOM enables Axelerant to clarify what we're doing and then communicate it clearly to the relevant domain through these five points, which create a management framework for alignment and leadership:
Vision: Defines what we want to accomplish.
Values: Principles and beliefs that help us pursue the vision.
Methods: Actions and steps to take to get the job done.
Obstacles: We must overcome these challenges and issues to achieve the vision.
Measures: How we measure achievement.
Start the V2MOM
Make a copy of https://axelerant.atlassian.net/wiki/spaces/OA/pages/2400190537/V2MOM%2BDOMAIN%2BTemplate and customize it for your domain.
V2MOM Tips
Vision
The vision is the 6-month to 3-year targeted high-level context, AKA the desired outcome of what to accomplish.
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https://hbr.org/2021/09/6-principles-to-build-your-companys-strategic-agility
Principle 1: Prioritize speed over perfection
Principle 2: Prioritize flexibility over planning
Principle 3: Prioritize diversification and" “efficient slack" "“overover-optimization
Principle 4: Prioritize empowerment over hierarchy
Principle 5: Prioritize learning over blaming
Principle 6: Prioritize resource modularity and mobility over resource lock-in
https://www.salesforce.com/blog/how-to-create-alignment-within-your-company/
https://hbr.org/2014/09/your-companys-purpose-is-not-its-vision-mission-or-values
https://www.aespire.com/blog/communications/the-difference-between-your-purpose-and-mission
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