Use this “NASA framework” To Succeed in Life. Accuracy increased from 7% to 100%.

Here’s a cool 7 Step “G-WNW-SS-ML” framework I use that’s dead simple to check if you are on path towards hitting your goals:

1. What are my GOALS?
2. What’s WORKING?
3. What’s NOT WORKING?
4. What should I now START?
5. What should I now STOP?
6. What should I do MORE, if applicable?
7. What should I do LESS, if applicable?

G-WNW-SS-ML= Goals — WorkNotWork — StartStop — MoreLess

As you may know, the rockets used by NASA scientists were only on course 7% of the time during their mission.

However, what made their mission a success was the constant course correction that they had to make. 93% of the time, they had to adjust their trajectory to stay on track and reach their destination.

This shows us the importance of regularly assessing our progress and making necessary changes to achieve our goals.

I want to encourage you to embrace this approach when working towards your 2023 goals.

Don’t be afraid to ask yourself questions like “are we on track?” or “what new adjustments must be done?”

These questions will help you to make the necessary changes and stay on course.

Remember, the idea that you can set a goal once and then proceed straight as an arrow towards it without any deviation is just a fantasy.

The frequency of course correction depends on the goals, the complexity of the project, and the rate of change in the environment.

Here are some guidelines that can help:

1. Short-term goals: For goals with a timeline of a few months or less, you should assess progress and make course corrections at least once a week or every other week.
2. Mid-term goals: For goals with a timeline of 6–12 months, you should assess progress and make course corrections at least once a month.
3. Long-term goals: For goals with a timeline of several years, you should assess progress and make course corrections at least once every 3–6 months.

Now, here are a 9 more professional frameworks that you can use for company course correction.

1. SWOT Analysis: A SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) is a common method for evaluating a company's current situation and identifying potential areas for improvement. The goal of this framework is to assess the company's internal strengths and weaknesses, as well as external opportunities and threats, in order to develop a course correction strategy.
2. PESTEL Analysis: A PESTEL analysis (Political, Economic, Sociocultural, Technological, Environmental, and Legal) is a method for analyzing the external factors that can impact a business. By considering the impact of these factors, a company can identify potential opportunities or threats and develop a course correction strategy accordingly.
3. BCG Matrix: The BCG Matrix is a tool for evaluating a company's portfolio of products or business units in terms of their market growth potential and relative market share. The matrix helps companies to prioritize their resources and make course correction decisions based on the potential of each product or business unit.
4. Porter's Five Forces: Porter's Five Forces is a framework for analyzing the competitive environment of a company. By considering the impact of factors such as supplier power, buyer power, competitive rivalry, threat of new entrants, and threat of substitute products, a company can identify areas for improvement and develop a course correction strategy.
5. Lean Management: Lean Management is a process-oriented approach to business management that focuses on maximizing value while minimizing waste. By continually identifying and eliminating waste, a company can optimize its processes and make course correction decisions based on data and evidence.
6. Ansoff Matrix: The Ansoff Matrix is a tool for identifying a company’s growth strategy. It categorizes growth options based on whether the company is targeting new markets or existing markets with new or existing products. The matrix can help companies make course correction decisions based on market opportunities and the resources available to pursue them.
7. Balanced Scorecard: The Balanced Scorecard is a strategic management tool that provides a balanced view of a company’s performance. It evaluates performance from four perspectives: financial, customer, internal processes, and learning and growth. By considering these perspectives, a company can make course correction decisions that address areas for improvement across the business.1
8. Six Sigma: Six Sigma is a data-driven approach to quality management that seeks to minimize defects in processes. By using statistical analysis and a systematic problem-solving approach, Six Sigma can help companies identify and eliminate inefficiencies and make course correction decisions based on data and evidence.
9. The McKinsey 7S Framework: The McKinsey 7S Framework is a method for assessing the alignment of a company’s strategy, structure, systems, skills, staff, style, and shared values. By examining these elements in a holistic manner, a company can identify areas for improvement and develop a course correction strategy.

These frameworks provide different perspectives and approaches to course correction in business and can your company make informed decisions to improve performance and reach your company goals.

I hope this message inspires you to embrace a more dynamic approach to goal-setting and success.

Let’s work together to smash all of your 2023 goals.

Best regards,
Winston Ye

P.S: What other frameworks do you recommend?

P.S.S: If you like my contribution, let’s follow and contribute to each other.