rss

Stephen Wise Blog

Integration Professionals. We dramatically improve traction.

5 Secrets of Successfully Implementing Strategy

It is common to find a cultural divide between the strategy folks and the implementation folks inside an organization. As comparison, Strategy thinking is intellectual. Strategy development is sophisticated and often done off-site by executives. A completed Strategy is polished and presented by the top executives. The Strategy is locked for the year. And, Implementation thinking is practical. Plan development messy and done by managers. Planning assumes that all the tasks and dependencies can be identified and

 solved. The plan will change every day based on progress and issues that occur. 

Strategy Execution Success 

Strategy-Execution-Success[/caption] How can the organization ensure the outcomes from the implementation meet the needs of the strategy?

  1. The Strategists include the implementers in the strategy development process.
  2. One of the strategists assumes accountability for the successful initiation, planning, execution, and closure of each of the plans as well as active involvement in selected risk mitigation and issue resolution.
  3. The implementers ensure that a business case is provided that links the forecast benefits and risks of the strategy to the forecast resources and constraints. Viability of the business case should be validated periodically during and after implementation.
  4. The implementers select appropriate tools and methodology to plan and execute the detailed tasks necessary to achieve the plan.
  5. The implementers ensure the accountable strategist is aware of progress and risks and engaged for collaboration and assistance on all unresolved issues.

Increased collaboration between Strategists and Implementers is low-hanging fruit for improving outcomes. Leaders among the strategists and leaders among the implementers who reach across to each other and increase their mutual overlap will see desired outcomes increase significantly.

Stephen Wise

www.IntegrationProfessionals.com

Tags

tag agile excellence itil pmi prince2 project management baseline change request earned value issues methodology project manager schedule tools value wbs issue status leadership productivity project managment recovery scope turnaround ac ev pv benefits collaboration communicate communication culture data integrity drivers failures fast faster ideas investments mehtodology portfolio prioritizing project selecting speed sponsor success closure cost duration effort estimating execution forecast initiation lifecycle pert planning project 2010 risk three-point estimating work effort business challenge development disadvantage elite global growth hiring loyalty market perks race solutions staffing standards talent tb1 team unemployment brazil change china diversity employee environment factors fit hire mobile personnel skype tb4 turnover twitter virtual 90 days hires metric new on-boarding watkins challenges firms looking plan shifting tb9 work aging developed developing ethiopia germany japan population qualified skilled workers workforce certification economy experience gaps industries innovation intelligent knowledge modern quality sales soft skills tb2 education lack tb3 training business case implementation outcome Strategy customer dashboard executive long-term management results time closing executing flowers photography spring apology sorry stephen wise trudeau resilience Future-State Business-Value Transformation cybersecurity Merger healtcare IoT Artificial Intelligence Vision Clarity Decision-making skills Artificial Intelligence business solutions Business innovation with AI Transformative AI services drones tesla Mergers Synergy banking block chain cryptocurrency ledger middleman satoshi toronto