One of the challenges of working in a group is getting everyone aligned. We often refer to this as “getting everyone on the same page.” Getting everyone on the same page is one of the primary goals of strategic planning and budgeting processes. These processes help management teams converge on a shared mental model of what they will be …
Effectiveness
Nine Mistakes That Make Strategy Execution Hard
Does your company do a good job executing strategy? If so, your company is probably an exception. Executing strategy is hard. It is one of the top challenges facing CEOs and management teams. It requires direction, active communication, and lots of cross-functional coordination. Unfortunately, companies tend to make one or more of the …
Good CEO, Bad CEO – What’s the Difference?
What’s the difference between a good CEO and a bad CEO? The simple answer is effectiveness. Good CEOs are effective and use that effectiveness to build and lead effective organizations that build enduring companies; bad CEOs don’t. Good CEOs understand and promote the operational values that drive effectiveness. They value …
Don’t Just Strategize, Execute!
I have been helping companies develop and execute their strategies for over 30 years, and I am frequently asked to facilitate strategy off-sites. Early in my career I would almost always say yes, excited about the possibility to help a client build a great strategy. I was sure that getting a senior team together to build a vision and plan for …
Who’s Managing Your Strategy Implementation?
When companies decide to launch a major new product development effort or build a significant new manufacturing plant they assign a dedicated project leader to make sure everything that needs to get done is listed, tracked and reported on. If the project is important enough, the project leader will even have a staff of people forming a project …