Key Concepts
The Meddo Way uses specific terms to describe the structure and roles inherently in the strategy. When teams align around a common vernacular to describe the scope and scale of work relative to their strategy, execution velocity goes up. The key concepts in the Meddo Way are as follows:
Concept | Description |
|---|---|
Strategy | A high-level plan or approach designed to achieve long-term goals or objectives within an organization. It serves as the guiding framework that aligns different initiatives and efforts across the business to ensure consistent progress toward overarching business aims. |
Initiative | A targeted effort or project that supports the execution of a strategy. Initiatives break down the strategy into actionable components and are designed to achieve specific outcomes that contribute to the strategic goals. |
Milestone | A significant point or event in the timeline of an initiative that marks progress. Milestones are used to track important stages in the execution of a project, acting as checkpoints to assess progress and adjust actions if needed. |
Task | A specific, actionable item assigned to an individual or a team, contributing to the completion of an initiative or reaching a milestone. Tasks are often detailed, with set deadlines and requirements, helping to organize the work needed to progress within an initiative. |
Tag | A label or keyword used for organizing and categorizing elements (e.g., strategies, initiatives, or tasks) within the software. Tags make it easier to filter, search, and group related items, improving navigation and tracking within the platform. |
Owner | The person responsible for overseeing and ensuring the successful completion of a strategy, initiative, milestone, or task. The owner takes accountability for progress, decision-making, and reporting outcomes. |
Contributor | An individual or team member who participates in executing a task or initiative but does not have primary ownership. Contributors collaborate with the owner and other team members to fulfill the assigned objectives and support the overall progress. |
Subscriber | A person who follows a strategy, initiative, or task within the software to stay informed about its progress. Subscribers receive updates, notifications, or reports but do not directly contribute to the execution or management of the work. |
Implementing the Meddo Way in your organizing using these descriptions for roles and definitions ensure clarity and efficient management of strategic planning and execution, promoting collaboration and alignment across an organization.