Strategy Execution Archives |

MASTERING STRATEGY EXECUTION: MANAGING PERFORMANCE

Organizations need a performance management system that monitors the progress of the execution and demonstrates senior management’s interest and investment in attaining the goals of the strategy. The greater the internal change required by a strategy, the more important effective incentives become. Managing performance is essential […]

Read More

MASTERING STRATEGY EXECUTION: STRATEGY CONTROL

After developing the strategy, senior management often communicates its key themes to the organization, expecting employees to act quickly upon it. However, without a strategy control system that supports the strategy, it remains a wish list or a set of goals that may or may not ever […]

Read More

MASTERING STRATEGY EXECUTION: DEVELOPING EMPLOYEES

Adequately trained staff is one of the most critical steps senior management can take to ensure successful strategy implementation. A new strategy often requires a change in the optimal mix of human resources for the organization requires developing employees through training programs, courses and workshops. During the […]

Read More

MASTERING STRATEGY EXECUTION: EMPOWERING EMPLOYEES

December 24, 2016
|
0 Comments
|

Empowering employees is crucial for succesful strategy management and strategy execution. When employees feel empowered they are more likely to perform well during the development and execution of a strategy. Employees are the ones who have to execute the strategy and make it a success. When employees […]

Read More

MANAGING PEOPLE IN STRATEGY EXECUTION

People management skills are crucial for successful implementation. When managing people in strategy execution, soft skills are as important as hard skills if not more important. A manager or executive with implementation responsibilities must be both task and people oriented. Strategy execution is not just about task […]

Read More

APPOINTING PEOPLE FOR STRATEGY EXECUTION

January 21, 2016
|
1 Comment
|

Strategies are as good as the people developing and executing it. My research found that competent employees and especially competent managers are by far the single most important success factor for strategy development and execution. The people who have to execute the strategy must have the required […]

Read More

ALIGNING STRATEGY AND CULTURE

November 1, 2015
|
1 Comment
|

The culture of an organization must be aligned to its strategy. The culture can make or break a strategy. Ideally the existing culture supports the strategy of the organization. However, a new strategy often has consequences for the existing culture. A new strategy often requires changes in […]

Read More
The Strategy Execution Agenda | Strategos Consulting

ALIGNING PROCESSES AND STRATEGY

This is the 13th part in my strategy execution series based on my PhD thesis. In this post I discuss the alignment of key processes to the strategy of the organization. Aligning business processes to the strategy is crucial in delivering value to customers and stakeholders. The […]

Read More

FORMALIZING THE STRUCTURE FOR STRATEGY EXECUTION

In my previous post I argued that a decentralized organization structure is most effective for successful strategy execution or implementation. After designing a decentralized structure it needs to be formalized. When an organization has an informal structure, organizational members have few rules or procedures to fall back […]

Read More
Strategos Consulting | Strategic Management System

ALIGNING ORGANIZATION STRUCTURE TO STRATEGY

Aligning organization structure to strategy is crucial for strategy execution success. The organization structure needs to support the strategy and its execution. When possible, management must ensure that the organization structure is clear, decentralized and formalized. When the existing structure does not meet these requirements, it is […]

Read More

ACHIEVING RESULTS IN STRATEGY EXECUTION

Achieving results in strategy execution is crucial to its success. By achieving results and making change visible early on in the execution process leaders can show their organization that they are committed to the strategy and that the strategy is sound. By making change visible a strategy […]

Read More

STRATEGY EXECUTION COMMUNICATION

Strategy execution communication to the organization and external stakeholders is crucial to the success of any strategy. After a strategy is developed and during its execution it must be extensively communicated to the rest of the organization and relevant external stakeholders. Organizational members cannot execute a strategy […]

Read More
Strategos Consulting | Strategic Management System

STRATEGY EXECUTION LEADERSHIP

Strategy execution leadership has a significant influence on the level of success of a strategy execution effort. During the whole strategy process there must be one clear leader who is responsible for the development and execution of the strategy. The strategy execution leader must to be board […]

Read More

DEVELOPING A STRATEGY EXECUTION PLAN

After a strategy is developed, it must be translated into a comprehensive execution plan. Developing a strategy execution plan is a task of the strategy execution team. An Execution Plan or implementation plan is a comprehensive plan that clearly outlines the objectives of the strategy execution, the […]

Read More

SECURING STRATEGY EXECUTION COMMITMENT

Successful strategy formulation and execution requires the commitment of managers and employees on all levels of the organization. Managerial commitment to the strategy and its execution is especially important for strategy execution success. Explicit management support of the strategy is crucial because management provides leadership and rewards […]

Read More

INVOLVING EMPLOYEES IN STRATEGY EXECUTION

Involving employees in strategy execution is crucial for successful strategy formation. Successful strategy formulation and implementation requires the involvement and commitment of managers and employees on all levels. A failure to involve key people often results in implementation failure.

INVOLVING EMPLOYEES AND STAKEHOLDERS

During […]

Read More
The Strategy Execution Agenda | Strategos Consulting

BUILDING AN EXECUTABLE STRATEGY

Successful strategy execution requires a building an executable strategy. A strategy is a combination of what goals the organization aims to achieve and how it aims to achieve those goals. Strategy formulation and strategy execution are intertwined processes and success in both is necessary for superior organizational […]

Read More
Strataegos Consulting

CRAFTING A STRATEGIC VISION

Successful strategy development and execution begins with crafting a strategic vision by top management. The vision describes the desired future state of the organization. Organizations that are successful in strategy execution often have a guiding purpose that remains stable while their strategy and activities continuously adapt to […]

Read More

MASTERING THE STRATEGY EXECUTION SYSTEM

Mastering strategy execution involves managing the six elements of the Strategy Execution System: developing the strategy, managing the execution of the strategy, aligning the primary process, structure, culture to the strategy, managing people and building control systems that monitor and control the execution of the strategy.

Read More

STRATEGY EXECUTION AS COMPETITIVE ADVANTAGE

Strategy execution is essential for the success of any organization. The successful implementation of a strong and robust strategy gives any organization a significant competitive advantage. Even the best-made strategies are worthless if they cannot be successfully implemented. Most organizations fail at strategy execution despite its […]

Read More
Strategos Consulting | Strategic Management System

CRAFTING THE STRATEGIC MANAGEMENT SYSTEM

Many organizations lack an effective strategic management control system that allow them to achieve their strategic and operational goals. This article presents a complete strategic management system that enables managers and executives to manage strategy formulation and implementation in an integrated way.

Organizations need to continually […]

Read More
The Strategy Execution Agenda | Strategos Consulting

WHY STRATEGIES FAIL

For decades survey after survey reveal that most strategy implementations fail. The majority of strategies fail in the implementation phase. This is the strategy implementation problem: ‘the all too frequent failure to create change after seemingly viable plans have been developed’. Because of its high failure rate […]

Read More

MASTERING STRATEGY IMPLEMENTATION

The ability to develop and implement new strategies quickly and effectively is crucial for any organization. Despite its strategic importance many organizations fail at strategy implementation. Because of its high failure rate, achieving successful strategy implementation remains a continuing challenge for managers. This article presents the strategy […]

Read More
Strataegos Consulting

PHD THESIS ABOUT STRATEGY IMPLEMENTATION

Strategy implementation is of high importance to management science and practice due to its direct relation to organizational performance, its high complexity and high failure rate. This PhD thesis about strategy implementation investigates strategy implementation and its reasons for success or failure. It presents a comprehensive framework for […]

Read More
The Strategy Execution Agenda | Strategos Consulting

THE STRATEGY EXECUTION AGENDA

Strategic success not only requires an appropriate strategy but also that the strategy is executed successfully. Even the best-made strategies are worthless without successful execution. Despite its strategic importance many organizations fail at strategy execution. Fewer than 15 percent of organizations are successful in strategy execution […]

Read More
Simple Share Buttons