Israel is in the middle of its largest ever Home Front Command war drill. Today, the air raid siren sounded and each citizen was supposed to react as if it were a real war, instead of just an exercise.
It made me think of significant events and planning during the course of business. How many times do we hear the "siren" during business and how do we react?
Some companies have the discipline to write a business plan. Others have well-documented processes for everything from hiring employees to the issuance of a press release. But, how many take these plans off the shelf to validate them and see how real performance matches to plan? Are the processes run through and tested for efficiency?
Who should be in charge of this activity? If the board of directors has been chosen carefully and is active, they should be demanding it. Any investor in the company should be asking for these details. Certainly, the executive team should be carrying this out.
Does your company hear siren and act or just ignore it?
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