When Everything is Strategic, Nothing is a Priority.
One of the most common things I hear from leadership teams is that they have too many priorities and often, that’s not the real problem.
The real problem is that everything has been labeled as “strategic”.
The new products are “strategic”. Technology investments are “strategic”. Process improvements are “strategic”. The new HR talent initiatives are “strategic”.
When everything is labeled “strategic”, leaders lose the ability to distinguish between what may be important (and can wait) and what is truly essential.
And the outcome of pursuing everything? Resources dwindle. Teams are stretched across too many initiatives, leading to burnout among the superstar employees. Progress comes to a standstill and stakeholders are frustrated.
Many organizations view this as an execution problem, but it’s truly a decision problem.
Strategy is not a list of everything an organization wants to accomplish. Strategy is a set of choices and tradeoffs about where to focus time, money, and attention.
That means some initiatives move forward, some wait, and some never begin.
The strongest organizations aren't pursuing the most initiatives. They make deliberate decisions about which initiatives truly deserve their resources.
Because prioritization isn't about finding good ideas. It's about choosing the few initiatives that move the needle.