The Secrets to Successful Strategy Execution Background Execution

The Secrets to Successful Strategy Execution

Background Execution?

Briliant Strategy, blockbuster product, or breakthrough technology can put you on the Competitive map, BUT only solid Exectution can keep you there

You have to be able to deliver your intent

What matter most to Strategy execution? Information Decision Right Motivator Structure

Everyone has a good idea of the decisions and actions for which he or she is responsible What matter most to Strategy execution? Important information about the competitive gets to headquarters quickly Once made, decisions are rarely second-guessed Information flows freely across organizational boudaries Field and line employees usually have te information they need to understand the bottom-line impact of their day-to-day choices

Focus corporate staff on supporting business-unit decision making. Clarify and streamline decision making at each operating level Focus headquarters on important strategic questions Create conters of excellence by consolidating similar functions into a single organizational unit. Creating a Transformation Program Assign Process owners to coordinate activities that span organizational functions Establish individual performance measures. Improve field-to-headquarters information flow Define and distribute daily operating metrics to the field or line. Create cross-functions teams Introduce differentiating performance awards Expand nonmonetary rewards to recognize exceptional performers Increase position tenure Institute lateral moves and rotations Broaden spans of control

Organization Effectiveness Simulator

Impediments Execution in three of the most infuential organizational traits Information did not flow freely across organizational boundaries Important information about the copetitive environment did not get to head quarters quickly No one had a good idea of the decisions and actions for which he or she was responsible

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