We help leaders turn their visions into real actions, showing them the way from where they are now to where they want to be. This process involves meticulous planning, aligning the organization's everyday activities with its strategic objectives, and adjusting plans based on insights from performance indicators to inform decision-making and, as a result, elevate organizational performance.
Too often leaders are asked to implement strategy but are not provided a clear and effective road map to do so. Through the Strategy Implementation Road Map (SIR), we provide you with a step-by-step guide on how best to execute your business strategy.
The SIR is circular, which means your organization can start from the most relevant area. The framework consists of the seven components required to be successful in strategy execution and the four stages of implementation—crafting, embedding, executing and sustaining.
Leaders do not execute. A leader’s role in strategy implementation is to drive and champion it. The employees are the ones taking the implementation actions every day. Leaders need to stay engaged, constantly be inspiring, and coaching their employees throughout the implementation while overseeing and tracking the process.
Taking corrective actions along the way is critical for success. But how do you know where you are and what action to take if you are not diligently tracking your performance throughout the whole implementation journey? Too many leaders start off with the right intentions but somewhere between thought and actions, they lose focus and commitment. Tracking performance is an essential discipline. This module focuses on ensuring the organization has the right measures in place to manage the implementation and the discipline to constantly review its performance.
The level of employees who are disengaged in their work is surprisingly high in many countries and industries. If your employees are disengaged, it is extremely difficult to inspire them to implement, which requires doing more. This is why it’s important to prepare employees with the right implementation attitude, knowledge and skills.
Culture drives the way an organization implements its strategy. Two organizations can have the same strategy but how they implement will always be different as in every organization, the culture is different. Culture no longer eats strategy for breakfast because of the speed we are working today. Strategy now drives the culture in many organizations and that drives the way leaders must implement.
The initial challenge is to present the new strategy to the whole organization. In this module, you are introduced to how this can be effectively done by teasing internal stakeholders and having leaders recognize that the launch is only 15% of the overall implementation communication goals. Too frequently in stakeholder management, communication around the implementation dissipates after the first six months. This module places a heavy emphasis on nurturing the communications throughout the whole implementation journey.
To goal is to create value for all stakeholders. The organizations who are successful in implementing their strategy potentially recognize a tremendous payoff, as they succeed where of their competition are failing.
Adopting a new strategy means changing the business model. Sometimes changes are minor and other times they require a whole business model transformation, e.g., adopting digitalization. But the business model must change to support the implementation.
Effective strategy execution does more than just meet goals; it makes organizations better, quicker, and more competitive, setting them up for lasting success. It sparks innovation and ongoing improvement, leading to standout solutions.
Effective execution also builds trust with all stakeholders by showing the organization is reliable and skilled, increasing its value. Plus, it focuses on what the organization does best, making it ready for future challenges and opportunities. This disciplined execution approach keeps the organization growing and successful over time.