communicating strategy

Two practical ways to implement your strategic priorities FAST

Posted by on Feb 29, 2012

In all my years as a management consultant, one of the funniest expressions I’ve heard is “it may work in practice, but it will never fly in theory”. Our last two articles on strategic prioritization were more theoretical and conceptual, but this week, let’s get practical. Senior managers may put a lot of effort into selecting the right strategic priorities, but it goes for naught unless they’re converted to action.  This week we’ll describe two simple, practical ways to convert your priorities to understanding throughout the organization, and most importantly, ACTION at the front lines....

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Are CEOs really overpaid and mostly not worth it? Part 1

Posted by on Jan 10, 2012

Are the highest paid CEOs really worth what they’re being paid? And does paying top dollar for a CEO add to the bottom line, where it really matters? CEO compensation has come under the spotlight in recent years like never before. Smoldering public outrage burst into a brush fire after the US government bailed out major financial institutions with more than 1 trillion dollars in taxpayer money only to see some of it doled out as bonuses to bank executives whose actions either caused the debacle or whose inaction allowed it to happen. The discontent this has sparked now threatens to spread....

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20 Tips for Successful Strategy Implementation: Part IV – Evaluation and Adjustment

Posted by on Jun 27, 2011

Phase IV Evaluation and Adjustment Ongoing strategic success requires vigilant management—continually tweaking the strategy, implementing changes quickly and effectively, and keeping the strategy fresh and alive. A fast, flawless implementation may yield better results than a “brilliant” strategy poorly implemented. Following are five tips to help you manage the execution and evolution of your strategy effectively. 16. Focus on progress against milestones . . . and on results As implementation proceeds, it becomes both possible and vital to see whether planned actions are producing results....

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20 Tips for Successful Strategy Implementation: Part III – Tracking and Managing Progress

Posted by on Jun 20, 2011

Phase III – Tracking and Managing Progress This is the third in a series of four posts describing 20 effective practices to help you accelerate the implementation of your strategy. In the first few months of implementation changing environmental conditions, planning oversights and implementation mistakes may begin to compromise your success. Staying on track in the early going requires more focus on action and troubleshooting than on results These five tips will help you get the most from your strategy during this phase. 11. Focus initially on progress against action milestones Results...

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20 Tips for Successful Strategy Implementation – Communicating Your Strategy

Posted by on Jun 6, 2011

Vision without action is merely a dream, just as a strategy without change is nothing but noble words.  So how do leaders turn the noble words of their strategies into successful change?  Our next four blog posts will describe 20 effective practices gleaned from our work with more than 100 client organizations to help you accelerate the implementation of your strategy.   This week – Communicating the Strategy. Phase I: Communicating the Strategy Unfortunately, the way most strategies are communicated generates more boredom than interest.  Here are 5 tips to help you stimulate interest...

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