From the course: Building High-Performance Teams
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Creating strategic filters
From the course: Building High-Performance Teams
Creating strategic filters
- Now I mentioned strategic filters. Once you have a good sense of which initiatives are very high priority, you need to do the next cut of prioritization. These strategic filters are going to be evaluation criteria for looking at your initiatives and some will be qualitative and some will be quantitative. So for example, we may have strategic filters that say does this initiative help us grow internationally or does it help us grow with a certain consumer segment? Does this initiative advance our technology platform? So whatever criteria are most important to your organization and the achievement of that organization's goals. You may also have some quantitative filters like, the net present value of that initiative or the return on investment. So you'll construct this set of filters to evaluate those initiatives and later on you'll run all your initiatives through those filters to understand how they stack up relative to one another. Once you've done that, you've almost completed the…
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