Five Areas of Focus for
the Next Five Years
I
t’s been said, “Th e future cannot be predicted, but futures
can be invented.” Several years ago, Larry H. Miller
employees were introduced to Th e Miller 2020 Vision—a
powerful process of boldly declaring the future and working
to make it a reality.
At the 2020 Leadership Conference, Steve Miller reviewed
the successes of the Miller 2020 Vision and unveiled the
new 2025 Vision. Steve described the vision as, “A powerful
document that has unifi ed us as a family and solidifi ed our
desire for the future—encompassing all aspects of the family
enterprise.”
Th ere are fi ve areas of focus for 2025, each with its own
strategic outcome. (See the graphic on page 7.)
Th ese areas comprise the Miller family’s intention
to remain a private, family-owned business. One of the
hallmarks of the Larry H. Miller Group of Companies is
being disciplined and well run. Th is company was founded
by an entrepreneur. It’s in our DNA.
Each of these fi ve strategic outcomes has specifi c
milestones along with a corresponding time frame for its
successful completion.
6
LHM Winning Spirit March/April 2020
Th e Business Strategic Outcomes is supported by
10 milestones. Here are the fi ve that the Miller family
highlighted at the 2020 Leadership Conference:
2025 Business Strategic
Outcomes Milestones
1. Miller family members who aspire to executive
management will participate in the Miller Family
Employee Development Program.
2. Each business is profitable, has a solid action plan
to become profitable, or has been divested.
3. Each business leads its industry with highly
engaged, high-performing employees and low
turnover.
4. Each business uses a measurable process to recognize
talent, develop employees, and cultivate leaders.
5. Each business has a clear leadership succession
plan approved by the board of directors.