Welcome back to Strategic Counsel by ForthRight Business! Looking for Marketing Smarts? You’re in the right place. After almost 4 years of helping to make you savvier marketers, we decided to broaden this podcast to include more business-oriented topics that will make you savvier business leaders.

In this episode of Strategic Counsel by ForthRight Business, we’re discussing the fourth principle of Vigilant Leadership: Setting up the Feedback Loop. Listen to the episode on Apple Podcasts, Spotify, and your other favorite podcast spots – follow and leave a 5-star review!

• Episode Summary & Player
• Show Notes
• Strategic Counsel Summary
• Transcript

The Principles of Vigilant Leadership: #4 Setting up the Feedback Loop

Now that the first 3 principles of Vigilant Leadership are under your belt, it’s time for the 4th: Setting up the Feedback Loop. This feedback loop helps you maintain vigilance over your plan.  Or said differently, how do you know your plan is working? The key here is understanding the KPIs (Key Performance Indicators) that lead to success. This can be the hardest part of Vigilant Leadership, because it requires hypothesizing, projecting, even leaning in with benchmarks. Our goal is to grow your confidence and comfort level here. If you don’t define what success looks like, others will do it for you. Here’s a small sample of what you will hear in this episode:

• Vigilant leadership is not about doing everything alone
• Contextualize the KPIs so your team understands the why
• Tangibility will only help you in the long run
• How to determine how you’ll measure KPIs
• Leverage the multiplier effect

And as always, if you need help in building your Strategic Counsel, don’t hesitate to reach out to us at: ForthRight-People.com.

Check out the episode, show notes, and transcript below:

Show Notes

• The Principles of Vigilant Leadership: #4 Setting up the Feedback Loop
  • [0:29] Welcome to Strategic Counsel by ForthRight Business
  • [1:01] How do you know your plan is working?
  • [3:37] Create your signals of success
  • [6:24] Do not be vague with your KPIs (Key Performance Indicators)
  • [8:42] Tangibility will only help you in the long run
  • [11:14] Contextualize the risk of the performance the business requires
  • [14:36] How to determine how you’ll measure KPIs
  • [18:02] Leverage the multiplier effect — the whole ecosystem needs to work together
  • [21:58] Make sure that you have strategic thinkers looking at the holistic perspective AND doers working together
  • [23:34] Set up reporting frequency and align stakeholders
  • [27:25] Proactivity and planning
  • [29:30] No one reads those weekly company newsletters
  • [30:56] Establish a protocol for intervention
  • [33:54] Get perspective outside of yourself
  • [37:04] Understand when vulnerability is valuable as a leader
  • [39:56] Make sure to follow Strategic Counsel on your favorite podcast spot and leave us a 5-star review on Apple Podcasts
  • [40:56] Learn more at ForthRight-People.com and connect with us on Facebook, Instagram, and LinkedIn

What is Strategic Counsel?

Welcome back to Strategic Counsel by ForthRight Business! Looking for Marketing Smarts? You’re in the right place. After almost 4 years of helping to make you savvier marketers, we decided to broaden this podcast to include more business-oriented topics that will make you savvier business leaders.

Thanks for listening Strategic Counsel. Get in touch here to become more strategic. 

Transcript