Your Strategic Execution Plan
Collaboratively develop a roadmap to guide the execution of your strategy
We need a roadmap for executing our mission-critical strategy
Our approach to execution planning works as well for essential strategic initiatives as it does for a comprehensive corporate strategy.
There are three reasons why strategies fail: execution, execution, execution!"
– Knowledge at Wharton
Your strategy is set. You've had meetings to talk about execution and how to proceed. But the path forward is not clear, and you can see several roadblocks that could hamper progress.
The first step: Co-creating your Vision
We work with your team to co-create a Vision for your mission-critical strategy. This Vision serves as a beacon, guiding the collaborative development of your Strategic Execution Plan. And it provides a filter for the many decisions your teams will make during the execution process
Collaboratively Developing Your Strategic Execution Plan
We'll work with you to identify hidden challenges, potential misalignments, or looming roadblocks that might threaten the successful execution of your too-big-to-fail strategy. Then, we collaborate with your leadership team to develop a Strategic Execution Plan, a roadmap to guide the execution of your strategy.
Your Roadmap takes full account of your company’s existing resources (people and systems, for example), budget, deadlines, and available external resources. It includes processes for:
prioritizing projects to ensure each is aligned with your strategic vision,
handling the disciplined divestiture of non-essential projects, and
dealing with disconnected initiatives that can distract your people and syphon resources from your plan of execution.
Getting deep buy-in from your key staff
To successfully execute your too-big-to-fail strategy, it is imperative that everyone understands how their work aligns with the strategy and contributes to its success.
We'll deploy our Strategic Execution Checkup™ to identify issues with buy-in. Once identified, we'll work with your decision-makers to implement targeted actions designed to secure alignment and commitment. As we work together to develop your Roadmap, we will help you cultivate a culture of ownership and collaboration so important to the ultimate success of the execution effort.
Forming cohesive, collaborative teams
Silos and a lack of cross-functional cohesion can hinder progress and create inefficiencies. Executing strategic initiatives requires effective communication across different functions and departments. This ensures that cross-functional teams with complementary skills stay united. We help you form cohesive, collaborative teams capable of dealing with roadblocks, generating potential solutions, and working together to achieve established KPIs.
We specialize in working with leadership teams to:
identify non-essential projects that should be divested,
clarify the roles and authority of each team member,
reduce duplication of effort, false starts, and wasted resources, and
reallocate resources to support the execution process.
Integrating implementation & day-to-day responsibilities
Removing roadblocks that can undermine the success of any strategic plan requires a different way of thinking about implementation:
leaders must be clear on what’s involved in implementing key initiatives and projects, who will be responsible, and what resources will be required,
the budgeting process should take full account of the real costs of the resources needed to support execution,
initiatives that add nothing to the success of your strategy yet siphon resources should be scrapped or postponed,
every employee (from the most senior to those on the front line) must be clear about his or her role in executing the plan,
every effort should be made to achieve full buy-in from staff at all levels,
job descriptions and reviewable performance measures should be integrated with the strategic plan, and
workloads must be examined and certain tasks and responsibilities reallocated to ensure that employees can handle day-to-day tasks as well as those associated with implementation.
Making timely decisions and dealing with change
This transformative solution equips your team with the skills needed to deal with complex, rapidly changing conditions and remain focused on strategic priorities.
Whether you're deciding between dissimilar opportunities or considering how best to handle a potentially disruptive issue like a leadership change, a decision-making process and team culture oriented to dealing with change are essential.
By clearly defining each team member's role and decision-making authority, you establish clear lines of communication and the ownership of tasks and deliverables. Our Strategic Directions Playbook™ provides the tools and frameworks necessary to appraise alternatives, make collaborative decisions, and respond rapidly to changing circumstances.