By George Bradt – Most understand the need to follow up and monitor progress on a theoretical level. Yet there are few guidelines to how frequently you should do that. Let me suggest that varies by the nature of what you’re monitoring, ranging from daily or even more frequently for tasks to annually for strategic plans.
Ben Harkin discussed the value of monitoring and reporting in the Psychological Journal. His headline is “Frequently Monitoring Progress Toward Goals Increases Chance of Success” – especially if you make the results public. While he was more focused on personal habits and goals, the findings are applicable to organizational behavior as well.
Here’s my current best thinking on the right frequency of monitoring. The main discriminant is the nature of the work and level of people doing the work with tighter, more frequent monitoring of tactical efforts and looser, less frequent monitoring of more strategic efforts.
- Daily or more frequently – Tasks
- Weekly – Projects
- Monthly – Programs
- Quarterly – Business Reviews, adjustments
- Annually – Strategic/Organizational/Operational processes