Strategy Implementation

and

Execution

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Strategy Implementation and Execution

“Less than 10% of Strategies effectively formulated are effectively executed” – “In the majority of cases – we estimate 70% - the real problem isn’t bad strategy…It’s bad execution.”

~Fortune Magazine

Situation:

Executives are often tied-up in the day-to-day decisions of the company, meetings, operational crises, personnel issues, customer relations, and dozens of other obligations and are often unable dedicate the time and mental resources required to formulate and manage their Strategy. This situation often results in a disconnect between strategy formulation and strategy execution termed the “execution gap”.

 

Strategy Execution: 

Executing strategy is vital, and as experienced executives who have worn multiple hats and has built experience across a breadth of roles, Strategy Navigator Consulting has developed a core set of strategic problem-solving skills, the functional capabilities and the leadership capacity to work and communicate effectively with people across the entire organization.

 

Why:

A Strategy Navigator consultant, however, can devote hours focused on assisting the leadership in the preparation of a discussion to answer the three important questions crucial for strategy execution.

1.  Where are we?

2.  Where are we going? and

3.  How are we going to get there?

Once these questions are answered, it then becomes something tangible for the leadership to execute.

 

Aim:

To build a comprehensive strategy execution plan that resonates with you and your organization.

The Art and Discipline of Strategy Management:

Many organizations have a strategy which is the “Art” part but it takes “Discipline” to execute. This “Discipline” is encased in a Strategy Management Framework.

 

Strategy Management Framework: 

A Strategy Management Framework incorporates into one holistic enterprise level view:

 

  • Strategy formulation and implementation plan;

  • Performance Measurement Framework or Strategy;

  • Measuring the efficacy of exiting performance management and measurement framework and recommend improvement strategies;

  • Project Management Strategies;

  • Risk Management Framework;

  • Change Management Initiatives;

  • Performance Management Framework;

  • Business Continuity Plans and training;

  • Talent Management Policy; and

  • Future Capability Development

 

Offering:

Strategy Navigator Consulting will help you:

 

  • Review your Strategy to achieve your vision;

  • Assist in determining the Strategic Objectives required to execute;

  • How best to manage the Execution of the Strategy;

  • Assist with the development of measurable indicators;

  • Either leave you feeling confident about carrying it forward to implementation, or if desired; and

  • Assist you throughout the implementation

 

While providing a broad expertise across the “foundational” building blocks for an effective Strategy:

 

  • Executive and Transformational leadership;

  • Program Management;

  • Governance;

  • Operations;

  • Organizational Readiness and business continuity;

  • Performance Management;

  • Risk Management;

  • Change Management;

  • Capability Development; and

  • Foresight & Intelligence.

Methodology/Approach:

To unobtrusively navigate stakeholders to ask the questions, seek answers and find workable solutions. Strategy Navigator Consulting depending on the organization will tailor its method to the culture of the organization and offer:

 

  • A tailored approach / way of thinking about the situation(s);

  • A set of tools/methodologies/models;

  • Wide ranging (cross - boundary) knowledge;

  • Ability to connect the dots in a fresh way; and

  • Interpersonal & communication skills.
     

Process:

The process for building a Strategy Management Framework

 

  • Mobilize Change Through Executive Leadership;

  • Translate Strategy to Operational Terms;

  • Align the Organization to The Strategy;

  • Motivate to Make Strategy Everyone’s Job; and

  • Govern to Make Strategy a Continual Process.

Outcome:

An Implementation Plan and mechanisms to Execute your Strategy. A
“Campaign Plan that is clear and focused on moving your organization from where it is
today to where you intend it to be in the future. In sum the output will be a methodology
to Execute your strategic plan complete with:

  • An implementation plan;

  • Campaign plan for execution;

  • Executive and sub level dashboards;

  • Performance indicators;

  • Tracking mechanisms; and

  • Risk management plans.

Results:

Let our team’s years of experience with strategy formulation, campaign plan
and implementation plan development, and performance management help your team
meet their deliverables under tight timelines

Activities:

A list of the types of activities that could be conduct during the engagement:

  • Assist in the development/confirmation of Mission and Vision Statements;

  • Perform Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis;

  • Work collaboratively with the leadership team members to provide critical analysis, objective insight and recommendations for engagement strategies;

  • Assess the organization’s capacity/capability to undertake and successfully deliver an initiative or change;

  • Examine the link between the goals of the organization and how the work is performed to achieve those objectives at strategic and operational levels;

  • Review business development plans to facilitate organizational objectives, policies, and standards.

  • Present recommendations and lead discussions with all levels of management;

  • Assist in developing and managing the implementation of an organizational improvement plan to identify, analyze, plan, track and control organizational improvements on a continuous basis;

  • Evaluate cross-functional decisions that will enable the client to achieve its objectives;

  • Collaborate with stakeholders to develop a comprehensive understanding of and common approach to assigned tasks and projects;

  • Review existing operations to understand the extent of current business operations and potential growth opportunities;

  • Work collaboratively with the client’s leadership team members to provide critical analysis, objective insight and recommendations for engagement strategies in support of the client’s objectives;

  • Assess the organization’s capacity/capability to undertake and successfully deliver an initiative or change; and

  • Examine the link between the goals of the organization and how the work is performed to achieve those objectives at strategic and operational levels;