Final Assignment: Module 6 : Part 9

https://blogs.thomsonreuters.com/answerson/addressing-food-security-data-information-technology/

Part 9

By working backward, it becomes easier to make somewhat realistic goals of where Eshkol  would need to be in 5 years, 3 years and 1 year in order to hit that 10-year goal. At 10 years old, we expect to be making 100 million in revenue and we expect to achieve this with 120 employees. We have also indicated the number of daily active users required to get there. On top of that, we have listed out some steps required in order to achieve those goals. It’s always helpful to start out with a very high-level and ambitious goal as the ones we have for Eshkol. If you go further down the table, you can see that this is, in fact, a pretty audacious business goal considering where we are probably starting out from. By working backward, it becomes easier to make somewhat realistic goals of where Eshkol would need to be in 5 years, 3 years and 1 year in order to hit that 10-year goal, unlike in movies where we aim to start from the beginning.

Now we ask ourselves, where do we see ourselves and our company by that time? How much revenue do we expect our company to generate? How many employees do we see ourselves having?

Next, we have figured out how Eshkol has decided to hit their 1-year goal to start with, the same process will follow for other years too. This means understanding which metrics are most important to improve in order to make a big impact on growth.

v Can you identify the lowest performer in your team?

v Can you identify a time when you set goals and achieved them - sharing your process and being accountable throughout?

How Eshkol does it?

Start tracking which experiments your team members are working on, and monitoring what results they are getting.

It’s important that everyone in our team understands the work that they are doing, and the value they bring to the company with the various growth projects they are running.

By getting specific individuals expertise in their given field of work on our team to share the tests /ideas they released, as well as what they learned in a given week, we at Eshkol are encouraging them to consistently produce results. In our weekly meetings, we show the rest of the company what was launched, and what results were achieved by getting each person to speak to their own growth experiments so that they can feel accountable for the work they do. If there are underperformers that have a tendency to work at a slower pace or reap less valuable insights within our teams, this growth strategy template will push them to increase their output, same time will recognize the best players within the team. We share this with all our team members using interactive web technology.

For example; the lowest performer and highest performer identified in Eshkol and the accountability process

1. Released Growth experiments released this week 1. Nimesha : creating a blog post on the tips to grow tomatoes

2. Learnings Insights from Last week’s releases 2. Kamal: Interview users about their experience and adding them into the chat forum

3. Winners Experiments that resulted in gains/considered a win 3. Mihiran: Interview workshop participants on their new gardening experience

4. Losers Experiments that were considered failure 4. Sandya: Organizing a field visit to all our members’ homes to make a video

5. Planned Next Experiments and tasks planned for next week 5. Sarath: Design a regional map showcasing all our gardening initiatives