3 Tips On How To Implement Strategy

By | November 11, 2016

Too many organizations struggle to implement strategy. Why is this so? Let me provide you with 3 Tips On How To Implement Strategy…and more!

strategy

Raise your hand if you recognize this approach in any organization you have worked with…the executive for your team convenes a “strategic retreat” to develop strategic priorities. This retreat often takes place in the last quarter. The executive reflects on recent performance, some forward-looking data is discussed, brainstorming takes place on what the future could/should look like and the retreat ends with, you guessed it, a strategy for the upcoming year.

We are all excited about a new strategy and looking forward to transforming the way we do business. What happens next? The executive and senior leaders slip back into day to day operational challenges and responsibilities as the months go by and the focus on the strategy decreases due to some of the following:

  • A significant event derails the organization’s strategic focus
  • Accountability for execution of the strategy was not considered…who is delegated leadership of the strategy
  • Resources were not committed to execution of the strategy…no money…people doing this “off the side of their desk”
  • Executive sponsorship for the execution of the strategy is not active or visible

Are these reasons or excuses for failing to execute on strategy? Other than the first bullet, the other three sound more like excuses. How can organizations improve at executing something as foundational to success as the strategy?

1. People, Process, and Technology Impact Execution of Strategy

Recognition that the engagement of people at all levels the organization will highlight the process and technology required to execute the strategy.

2. Action the Strategy by Creating an Implementation Plan and a  Calendar

This is where action takes place. An implementation team can identify the steps required to action the strategy. The implementation plan will set out what needs to be done, who will be responsible for completing the action and the target date for each activity.

3. Implement Plan and Review Progress

The leader of the implementation plan must have a direct reporting relationship to the executive to enable regular performance reviews and to propose actions to mitigate risks. It’s not enough to identify risks to the implementation plan…there must be a plan to mitigate the risks.

What’s In It For Organizations?

What's In It For Me or Your Organization

What’s In It For Me or Your Organization

  • Executives and employees enjoy a boost of morale and pride when focused on reaching new and important goals
  • Employees feel empowered
  • Discipline and passion throughout the organization
  • Excitement and confidence that the strategic goals will be achieved

Bottom Line

The ability to execute a strategy with an engaged and passionate workforce!

Why Does an Implementation Team Makemaking-sense-web-300x182 Sense and How?

I would like to suggest a project management approach to implement your strategy. Why project management? It’s all about a structured and thoughtful approach that can achieve the expected outcomes…and isn’t that what we are looking for?

In a recent article, Kareem Shaker sets out five practices to build this implementation or project team:

Can-Do Approach

The foundation of a project team’s personality is a positive mental attitude. Positivity drives productivity and creates an environment for a team to go the extra mile.

“The positive thinker sees the invisible, feels the intangible and achieves the impossible.” – Winston Churchill

Go All In

Team members are so much more determined to solve a problem when they are passionate about solving it. Project buy-in and project achievement are ensured when the personal aspiration of team members are matched to organizational objectives.

Never Surrender

What can you say…perseverance is everything! We’ve all heard that Thomas Edison failed thousands of times before he invented the light bulb.

Embrace Disagreement

Discussions that help achieve the outcomes can be triggered by dissent among the team members. Having diverse opinions and personalities can mitigate the risk of group-think and enable the achievement of awesome outcomes.

Rethink Possibilities

possibilities

Implementation/Project teams should approach achievement of their outcomes from a “why not” perspective. We tend to limit our own ideas to the box we live what-if-and-why-notin. Some suggest that we should think outside of the box. Let me suggest this bold idea…approach solutions and outcomes from the perspective that there is not box! Discover new solutions by turning the standard ways of doing things upside down. Fill your team with critical thinkers and get out of their way…remember there is no box!

“You see things; and you say ‘Why?’ But I dream things that never were; and I say ‘Why not?'” – George Bernard Shaw

 comments-1

Please share and let me know if you have any questions or would like to leave a comment. I would love to hear what you think.

Best regards,

Miles 

2 thoughts on “3 Tips On How To Implement Strategy

  1. Peteni Kuzwayo

    Hi Miles

    A really well written and thought provoking article.

    As a leader in the work that I do, such information is good to bounce off and sense check whether one is on track or not.

    The ability to allow your sub-ordinates to be critical thinkers and think out the box is so important.

    And the ability – as the leader – to be able to move out the way, is even harder. But, it’s a must do.

    Thanks for a lovely article.

    Regards
    Peteni

    Reply
    1. admin

      Hi Peteni,

      Thanks so much for your thoughtful comments. Yes, leaders must be able to “move out of the way” and empower people to go out and “do”, otherwise strategy and shifting the organizational culture cannot occur. It really comes down to the difference between “managing” and “leading” when it comes to implementing strategy. John Kotter’s “Leading Change” provides some great tips on how to help leaders reach their full potential when they understand the difference between “managing” and “leading.” Have you read this book?

      All the best,

      Miles

      Reply

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