Shifting to an Enterprise Strategy and Planning (ESP) approach isn’t about adopting yet another new framework, it’s about evolving how strategy is executed. Think of ESP as assembling a cube, where each facet supports the others, creating a dynamic and adaptable strategy framework.
At its core, ESP is built on six interconnected facets:
1. Goals – Measurable outcomes that define success for an area
2. Work – Everything from big packets that span quarters down to individual tasks
3. Talent – People: your largest asset (and cost)
4. Funds – Budget and actual costs, ideally a combo of CapEx and OpEx
5. Systems – Systems and services that you need to create or update to support strategy
6. Updates – Human-written, qualitative updates on progress (e.g. status reports)
