How to Move from Strategy to Execution - Deepstash
How to Move from Strategy to Execution

How to Move from Strategy to Execution

Curated from: hbr.org

Ideas, facts & insights covering these topics:

4 ideas

·

366 reads

4

Explore the World's Best Ideas

Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.

Building the Right Execution System

Building the Right Execution System

Most companies are not great at executing complex goals. Many leaders think their strategy is good but complain that implementation is the problem. One study showed that three out of five companies rate their organisation as weak on strategy execution.

This is because of a general lack of understanding of the various factors at play.

Three steps can build the right execution system.

  1. Achieving strategic clarity
  2. Achieving organisational clarity
  3. Building a management system

15

123 reads

Achieving Strategic Clarity

It's vital to have a strategy that can and should be executed. A well-executed strategy will match your aspirations and your capabilities.

  • Is your strategy set at the right level of ambition? Two problems exist: Inaccurate optimism "How can this possibly work?" and irrational pessimism.
  • Do you know what capabilities are essential for your strategy? First, identify the essential organizational capabilities the new strategy will require, and then know if these capabilities are something you can build.

14

95 reads

Achieving Organizational Clarity

Achieving Organizational Clarity

Once you select the right level of ambition and understand the key capabilities required to achieve it, you can align your organization towards the key challenges for executing it.

  • Have you specified which unit owns which part of your strategy? Group key choices around two axes: Find the key subset of strategic goals, and consider the strategic capabilities to cut across these groups.
  • Have you built the right interactions between these key units?  
  • Have you assigned the right talent to the right roles? Build the right roles, then map the executive talent onto the key roles.

14

73 reads

Building A Management System

The key custodians of the execution become the managers. The approach combines management hierarchy with two key conditions to allow for the successful adaptation of strategy.

  • How have you empowered your staff? How can they be supported to achieve what they need?
  • How have you built self-corrective feedback into your system? It should allow executives to quickly understand what is working well and what is not in the fastest and clearest way possible.

14

75 reads

IDEAS CURATED BY

davidga

Historic buildings inspector/conservation officer

David Garcia's ideas are part of this journey:

Ultimate Guide to Reducing Churn

Learn more about strategy with this collection

How to analyze churn data and make data-driven decisions

The importance of customer feedback

How to improve customer experience

Related collections

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates