Execution


Execution

Too often leaders pour their energy and resources into analysing and developing the strategy and spend too little time figuring out how to implement it. To successfully execute your strategy, it must be the focus of every person in your company. It is up to the leaders to create, monitor, and reward that focus. 

The first step is to clarify your strategy in a way that people in your company can support its implementation.

The second step is to communicate your strategy at every level of your company using different methods. 

The third step is to translate the strategy into plans for all the functional areas.  The bulk of the work in implementing strategy is done at this stage.

Strategy development isn’t about putting a document together and putting it on the shelf. It is a living plan and you should review and adapt your strategy as factors change.