Posts Tagged "payback"

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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Part 2 – When Creating Strategy, Speed Kills

Posted by on Jan 13, 2011

In the first post of this series, I wrote about how trying to plan too hastily kills the quality of a new strategy. In this post, I’ll write about how short-changing implementation planning risks squandering the advantages that come from speedy execution. Let’s assume you did everything right by investing enough time to create a good, sound strategic plan. At the conclusion of your planning session you’ve got a strategy that will build your relationships with the right customers and solidify your competitive position.  Of course, this will not happen unless you can execute! Now the question...

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When creating strategy, speed kills.

Posted by on Jan 10, 2011

When making strategy, speed can kill in several ways. This will be the topic of my next three blog posts. First, I’ll explain how trying to plan too hastily kills the quality of a new strategy.  In the second post, I’ll write about how speed kills your momentum and any potential advantages you could have gained when you can’t execute your strategy quickly enough.  Finally, I’ll write about how speed kills your competitors’ advantages and builds yours when you have a great strategy and execute it quickly and effectively. In his landmark book “The Rise and Fall of Strategic Planning”, Henry...

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