It is Not Easy to Execute a Winning Strategy
If you really want your company to make its way into the winner’s circle, you have to put together (and stick to) a plan to execute a winning strategy. It is not enough to just design a winning plan; you have to actually execute it and make your strategy work throughout the entire organization.
Strategy Execution is the Most Difficult Part
On an individual level, just think of all the New Year’s resolutions and diets that start with solid plans and good intentions but fail. Individual change is difficult enough. Organizational change, especially when it comes to strategy execution, is more complex and has more at stake for more people.
Four Experience-based Tips to Ensure You Fully Execute a Winning Strategy
After twenty plus years in the field of helping clients create strategic clarity and execute bold plans for success, we can offer four experience-based tips to help ensure you execute a winning strategy and follow through on your strategic plans:
#1. Ruthlessly Focus Your Strategy Only On the Most Important
Most of our clients can successfully implement two to three big strategic initiatives at a time. Unfortunately, too many leadership teams try to do too much too fast by setting up too many goals with too many work streams. And without clear choices, employees lose focus and struggle to make decisions based upon what really matters.
The lack of relevance and urgency can defeat the best intended strategic plans. If you want to fully implement your strategy, figure out what really matters and only define goals that are worth the effort. In essence, it must matter enough to gain full commitment.
#2. Ensure That Your Strategic Plan is “Just Possible”
Make sure that all key stakeholders believe that the strategy is possible enough in your marketplace and within your organizational culture. It should not be easy, and it should not be a pipedream. It should be a stretch that takes the best from all.
You will know you are on the right track when everyone agrees with the strategic direction you are heading in and believes your company has the right mindset and talent to see the plan through to fruition.
Understand what makes your situation unique. What differentiates you as a company? What assets and capabilities make you unique?
#3. Look Boldly Toward the Future
Give employees a crystal clear picture of what the new future looks like, why it is of benefit to all, the plan to get there and their specific part in the plan. And be wary of letting past failures or old ways of thinking limit you from achieving your goals. With the current Olympic Games as a great example of a high performance environment, think of those Olympic athletes who come back again and again, hopeful and triumphant.
Michael Phelps certainly faced downturns in his life. Somehow he redirected his energies on the next opportunity for Olympic greatness and now he’s the most decorated Olympian athlete of all time. He did not let his failures define him. He renegotiated his future and planned anew.
Do the same for your employees.
#4. Explicitly Identify and Remove Barriers
Some advocate sticking with encouragers and not wasting energy on naysayers. While it is true that people who don’t believe in the strategic vision can quickly hamper strategy execution, we recommend working with everyone to explicitly identify and proactively remove the top strategic barriers during the strategy execution phase.
The key is to keep the conversation, engagement and the momentum going forward.
The Bottom Line
If you want to fully execute a winning strategy, decide what matters, leverage your uniqueness, focus on the future and eliminate potential barriers. Then go for it!
If you want to learn if your strategy is clear enough to allow you to fully execute, download Our Strategic Clarity Whitepaper Now
Corporate Change Is Personal
In my years working with LSA, it seems like I’ve had a personal consultant at my fingertips to help me identify just the right solution to satisfy our needs. The entire LSA team has become a trusted friend of Actel — assuring we provide state-of-the-art learning to meet our complex, high-tech business and people needs.
I had been working with LSA for many years with my prior company. Currently, I’m with a company who hadn’t done much basic management skills training. After identifying and presenting a program recently, our managers are excited and talking in the halls about the great experience. LSA saves us time in delivering the right training for our needs.
I continue to be impressed by the level of leadership development and management expertise and quality of advice and facilitation that LSA has to offer. What a smart and client-centric group of great people who really know how to help leaders attract, engage, develop and retain top talent.
Director, HR Business Partner
I am very impressed with the quality of work and talent. LSA did a great job of listening to my needs and providing the exact management training program expertise I needed to get the job done.
Director, Business Planning & Analysis
On behalf of Roche and my staff I would like to sincerely thank you for your help with this. The English as a Second Language (ESL) assessment and coaching that you provided for our team was a great success.
I’ve been associated with LSA for the last 8 years and have found them to be an extremely professional, well managed full service training organization. Since working with LSA, I’ve participated in a number of solutions ranging from Performance Management to Assertiveness Training – I’ve found that the quality of the resources is superior. They are well prepared and have definitely done a considerable amount of pre-work in order to customize our culture and business into the total learning experience – making it most beneficial for our employees.
Human Resource Manager
What a personal and professional pleasure it has been to Partner with LSA. They are truly a strategic partner with Wyse. For more than 5 years, LSA has been engaged in delivering various training and development solutions for Wyse, from custom on-site programs targeting specific core competencies, to working individually with clients to build job skills, and offering invaluable services to me and my team as we continue to build our learning programs. LSA’s representatives do more than sell a product, they offer a full service solution: they understand our business, our strategic initiatives, and the needs of our customers.
Director of HR
I have worked with LSA Global at previous companies and welcomed the opportunity to bring them in to support my new organization. We worked closely with LSA to design a solution for our Client Partner Teams and Management Training on both coasts. LSA designed a customized solution for our business and organizational culture. LSA is a quality organization, one that I’d recommend to any company looking for a first class training and consulting partner that makes an impact.
Chief People Officer
The LSA Global team was very receptive and flexible to our needs every step of the way. Their staff and facilitator demonstrated attention to detail, responsiveness, and professional courtesy. The participants were thrilled with the outcome and rated the communication skills workshop and the facilitator as ‘Excellent’. I’d highly recommend working with the LSA Global team to meet your professional development needs.
For our go to training outsourcing partner, LSA provides exactly what we want. As always, they deliver outstanding work!
Director, Organizational Excellence & Development
We signed up with LSA early on–as their 22nd Member! Since then, our organization’s learning needs have increased and decreased and increased again with the changing times. The beauty of the LSA business model is its flexibility…when we needed to supplement our own internal resources, we used LSA services knowing that we could depend on the outstanding quality of the leadership development and management training programs they provide.
I have worked with other training companies and found it to be more of a seller/buyer relationship than one of matching the right expertise to our business issues. That’s what LSA does – ask the hard questions, listen, and understand our business needs. We receive the benefit of their expertise from assistance with personal development plans to enhancing team performance, to looking at enterprise-wide challenges. It’s all about helping our business succeed as we grow. Right now, LSA is providing great ideas, a fresh approach, and valuable guidance as we develop our management team and accelerate our client relationship management results.
Director, Team Development
Thank you to LSA Global for their partnership and support in helping us to design and roll-out our valuable management development training program. I personally have partnered with LSA Global at four of my previous companies. It continues to be a delight working with LSA. We look forward to partnering with them at Blackhawk Networks for future training and consulting needs.
VP Human Resources
Hyperion has a commitment to lifelong learning. LSA helps us provide the right business sales training, management training programs, and leadership development programs at the right time to meet the needs of both individuals and departments. I especially appreciate their ability to listen to my needs and recommend the appropriate facilitators, solutions and content.
Senior Project Manager
The refreshing thing about LSA is that they focus on understanding our business situation and helping me succeed instead of selling a product. With over 150 experts, they are an invaluable resource that helps me deliver higher quality results faster. I recommend them to anyone looking to improve the performance of their workforce.
VP of Human Resources
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