When a simple five-word purpose has successfully served the business for over 260 years, how do you use it to develop a strategy that is relevant to today’s reality? The answer, for Tom Willis, CEO of the UK’s bustling Shoreham Port, was to think deeply about the meaning in every word of their five-word purpose, and then engage the organisation to develop a one-page business plan, with just eight bullet points. The resulting brevity and clarity mean that almost 90% of the organisation’s people now say they understand the strategy and where they fit into it.
Listen to the latest episode of The Purposeful Strategist podcast, to hear how Tom did it.