This feature is accessible only by the Admins. While Cascade Strategy and OKR frameworks are available for all tiers, Balanced Scorecard, V2MOM, and Hoshin Kanri frameworks are available for "Premium", "Essentials" and Enterprise+" tiers.
The Strategy Model is the name given to the structure on which the plans are built within Cascade. The hierarchy of the Strategy Model cannot be modified.
However, we also have some other popular frameworks like V2MOM, Balanced Scorecard, etc., pre-loaded in your Cascade workspace. You can use any of these established strategy frameworks to build and execute your strategy. From the profile picture/initials, click Settings > Admin > Strategy model tab.
See the article on Cascade's 'Strategy Model' for details on using our strategy framework.
Click on the framework that you wish to use, and click Enable this framework. The terminologies would be applied across the workspace suiting the framework that you chose.
"OKR" Framework
OKRs is a strategic framework that offers organization-wide strategic alignment and performance review in a simple and flexible way. When implemented well, it empowers people to develop innovative actions to hit their ambitious and relevant goals. OKR stands for Objectives and Key Results.
OKR is a great framework to use when your organization has the tools to communicate its strategy to its employees clearly, when your people have the experience and flexibility to create OKRs that are aligned with your strategic priorities. OKRs are very effective in the presence of strategic context and employee empowerment. It empowers employees, and enables them to achieve breakthrough results through innovative thinking and intense focus. It reinforces a bottom-up approach to strategy by fostering transparency and accountability through its reviewing process. Check out our blog "OKR Framework" for more detailed information.
"Balanced Scorecard" Framework (Available for "Premium", "Essentials" and "Enterprise+" tiers)
The Balanced Scorecard framework helps you assess your business performance by creating a set of internal metrics in 4 key areas: financial, customer, internal business process, and learning & growing.
The Balanced Scorecard is one of the most popular strategic frameworks out there. The reason is that it offers a holistic way to look at your business performance. Setting up metrics in all 4 areas reinforces accountability and helps you focus without neglecting crucial parts of your business. Not all 4 key areas in this framework weigh the same. This means that your effort won’t be distributed equally to each key area. In contrast, you’ll work your way from the Learning & Growth area to the Financial Gain - because our purpose is to increase profitability. You can choose either Measure or Target to define your metrics or KPI. Irrespective of whatever (Measures or Target) you choose, they'll be listed under Measures, since they're technically the same. Check out our blog "Balanced Scorecard Framework" for more detailed information.
"V2MOM" Framework (Available for "Premium", "Essentials" and "Enterprise+" tiers)
The V2MOM framework is a powerful alignment tool that enables the organization to cascade its goal-setting while providing a clear strategic context. The letters stand for Vision, Values, Methods, Obstacles, and Measurements.
Although the V2MOM framework is a powerful alignment tool, it’s not enough on its own to develop your business’s strategy. It works well next to other, more holistic strategic models complementing them with an effective communication and alignment approach. It provides a strategic context to your people and the authority to advance the business’s strategic priorities with innovative initiatives. It’s one of the few frameworks that explicitly mentions potential obstacles that the team or individual need to overcome to achieve their goal. Check out our blog "V2MOM Framework" for more detailed information.
"Hoshin Kanri" Framework (Available for "Premium", "Essentials" and "Enterprise+" tiers)
Hoshin Kanri is a 7 step framework for developing a company-wide strategy that is easily distributed to help its execution. It connects the front-line projects of the employees with the leadership’s long-term vision of the business.
It is an iterative framework that focuses on the quick distribution of the strategy and feedback loops to improve the strategic plan. So, direction and guidelines flow top-down, and feedback on the feasibility of the objectives flows button-up. If your organization faces a serious disconnect between the vision at the top of the organization and the conditions at the front line, then this framework will help you to ground your strategy to reality. Ambitions and bold goals are great, but you need to establish a strong foundation to make them a reality. Hoshin Kanri helps you do exactly that. Check out our blog "Hoshin Kanri Framework" for more detailed information.
If you wish to customize the strategy model further by giving "aliases", or by defining "types" to each of the entity, then you need to upgrade to the "Essentials and Enterprise+" tier to unlock those strategic potentials. See Flexible Strategy Model and Add Goal Tags: Advance Strategy Model Customization for details.
While these're some of the frameworks that we offer within the platform, you can draw inspirations from our Template library on different strategy frameworks like the McKinsey Three Horizon, S.M.A.R.T Goal-setting, OGSM, VRIO and SOAR Analysis, import them into Cascade (See Import from Cascade's Template Library), give suitable aliases (See Flexible Strategy Model) to the strategy model components, and start executing your strategy.