Strategy ExecutionTranslate strategic objectives into actions
Strategy Execution means creating a link between the strategy often defined by the Management and the organization processes and improvement actions.
Very often, the organization strategy isn’t deployed for different reasons:
- Lack of understanding: Which is my strategy? What does this imply for me and for my work?
- It’s an annual exercise, conducted during budget: strategy is…doing my budget
- Organization resources aren’t consistently allocated with respect to the strategy
- Strategic objectives aren’t measured and linked to processes: Which results are needed to meet strategic objectives?
Methodologies: Hoshin Kanri, Cascade Objectives (Y function of Xs), Balanced Scorecard, MBO