Better Strategy Execution: Know Where You are Going and How

business people Better Strategy Execution

Better Strategy Execution Matters
Better strategy execution is a problem for most executive teams.  Our organizational alignment research found employees are half as clear about strategic priorities as their boss. Is there confusion in the ranks?

If there is beware.  Ambiguity breeds mediocrity.  For better strategy execution, everyone must know and be confident about where the company is headed and how it will get there?

If not, you have a big, big problem.

Lack of Strategic Clarity Kills Better Strategy Execution
Without a clear strategic direction and an agreed upon path to get there that is understood and accepted by your entire work force, you risk “organizational churn.”  We define organizational churn as harmful or ineffective:

  • goals
  • roles
  • processes
  • metrics
  • behaviors
  • assumptions
  • values
  • conflicts
  • reward systems

When organizational churn gets too high, it can create total derailment for a team or company.

You Are Not Alone
According to research by IBM, only one out of ten organizations manages to successfully implement their strategies on a consistent basis. Why do so many fail at strategy execution? At the core, it is simple…a lack of strategic clarity.

Strategic Clarity Accounts for 31% of the Difference
In our own organizational alignment research, we found that strategic clarity accounts for up to 31% of the difference between high and low performing companies.  In lower performing organizations, far too many employees lack the level of strategic and leadership faith required to successfully implement the organization’s plans.  Without clarity, people:

  • work at cross purposes
  • operate in silos
  • lack the true focus required to be decisive when it matters most

So What Should You Do If You Have Strategic Ambiguity?

1.  Create Executive Team Alignment
First and foremost, the entire leadership team needs to be 100% aligned in three areas:

2.  Ensure Strategic Belief and Conviction
The leadership team and the rest of the organization must fundamentally believe:

  • Strategic Quality: the quality of your strategy and plan is equal to the challenge of your business objectives
  • Talent Quality: you have the right quality people to effectively execute your strategy/plan.

When it comes to better strategy execution, conviction is critical.  Conviction and belief is important because any goal worth achieving is not easy to accomplish.  Your team must have the right collective mindset to effectively balance some common strategic tensions when times get tough such as:

  • Seeing the bigger picture AND executing at a tactical level
  • Being decisive AND adaptable
  • Being optimistic AND realistic
  • Focusing on your customers AND your employees
  • Performing in the short-term AND creating long-term, sustainable health

The Bottom Line
An unclear business strategy hinders better strategy execution.  When faced with organizational churn, finger pointing and silos, too many leaders look to reorganize because the organizational structure changes are visible, quick and concrete.  Our alignment research shows that this is a mistake.

Want to learn how to set your leadership team up for better strategy execution?  download Download the 7 Warning Signs of Strategic Ambiguity Whitepaper

 

Share:
Facebook Twitter Google+ Email LinkedIn

Comments are closed.

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.

Laurie Torres
Chief People Officer

Working with LSA Global has proven to be extremely valuable and worthwhile. LSA understands our business, has deep expertise in content areas, and tailors the programs to deliver great results. The facilitator was extremely knowledgeable about Working Globally with India and her energy and passion made the session interesting, fun, and enjoyable for all that attended. The participants walked away extremely pleased along with highly useful practices and tools. I would highly recommend LSA Global to any company that has partners or offices in India.

Glenn McGillivray
Human Resources Business Partner

Intuit

Avon’s success is dependent on strong relationships among our Customers, Representatives, Associates, and outside resources we hire to help us meet our business objectives. We were very pleased with the results from working with LSA Global to design and facilitate a custom program for our events management team. LSA demonstrated responsiveness, flexibility, and an innovative approach to working with us.

Deanna Rudnitsky
Senior Manager, HR Destiny Sales Region

“We turned to LSA to help us custom design and deliver a leadership and management development curriculum to help drive performance. They have done an excellent job diagnosing the business situation, designing an approach that fits our culture, and delivering a first class solution.”

Sally Buchannan
VP Human Resources

LSA has become the gold standard in team building and management training at Genomic Health! I have a hard time finding facilitators that come close to their level of customization, expertise and experience.

Emily Couey
Director of Human Resources

LSA provided top notch solutions right when and how we needed them. They exceeded my expectations from a speed, quality, and cost standpoint. I recommend them to anyone looking for a true business partner in the Learning and Development arena. The breadth and depth of their expertise has helped us hit tight deadlines across multiple projects.

Fortune 500 Financial Services Company
Director of Infrastructure & Technology

We engaged LSA to design and deliver a 6-month custom executive coaching program for a group of our key leaders. The focus of the program was to help a core group of senior leaders to leverage previous investments in management training, to ensure the engagement and retention of key employees, and to push critical strategic initiatives forward. Even with the high expectations of our senior people, LSA has completely exceeded our expectations. I would recommend them to anyone looking to create and implement a custom coaching methodology using proven tools to drive true change.

Ivan Fukumoto
Senior HR Manager - Staffing, Training, & Development

LSA is an instrumental training outsourcing partner in helping us to build management capacity and strategically invest in our people. Their flexibility, depth, and breadth of expertise allows us to deliver top quality solutions that are directly tied to key business plans. Their ability to custom design, deliver, and evaluate our Management Curriculum has been excellent. They are true business partners and a pleasure to work with.

Margaret M. Mader
Vice President, Human Resources

Hyperion

LSA helped to meet the needs of my teams within a very narrow timeframe. My team walked away with highly useful management tools and practices. LSA saved us time in delivering the right solution for our specific needs.

Sandeep Kumar
Director, Software Engineering, EPG

I consistently look to LSA Global when I need custom programs put together for my client groups. I can always count on LSA to do a thorough needs analysis and to put together spectacular programs that are well received. Their management development and performance management expertise and professionalism make them one of my top-rated learning and development partners.

Stephanie Webb
HR Program Manager

Rambus

We recently partnered with LSA Global to offer our Supervisors and Managers a customized two-day management training program. Everyone who attended said it was by far the best management training program they had ever attended. The content was rich and highly interactive. The case studies were relevant. Each participant walked away from the training much better equipped to lead their teams.

Jeff Coon
Director of Human Resources

LSA Global’s consultant brought a fresh perspective to our behavioral based interviewing strategy for two key executive positions we needed to fill, and their consultant helped us develop questions that produced a much deeper understanding of candidates’ capabilities. I am confident that the two new executives joining our organization have the right skills to add significant value. Throughout the process LSA was also very responsive in dealing with short lead time requests.

Because of the unique nature of our business, Excel is a core application in our accounting organization. After three attempts to find an Excel consultant who is capable of helping our finance team integrate advanced applications into our work processes we found LSA and Alex. He was not only a “Real” Excel expert but was masterful in helping us identify where to use Excel applications in our processes to increase our group’s efficiency.

SPO Partners & Co
Kim Silva, CFO

We recently contacted LSA Global to assist us with a unique training request. We gave LSA a very short deadline and LSA custom designed a training program to meet our exact requirements within the limited time allotted to them. We found their facilitator to be well versed in the subject matter and very credible; the design provided practical and valuable information to our team of managers. I highly recommend LSA Global, particularly in the area of management training.

Julaine K. Souza
Senior Vice President

LSA custom designed a Management Development program that is absolutely “on target” for our technical managers. Their facilitator has done a superb job delivering the material in a way that is fast paced, highly interactive, and fun. She presents practical solutions to the people situations that our managers face every day. I regard LSA as an excellent partner that understands our business needs and a virtual member of our HR department.

Judith Onton
Vice President Human Resources

LSA has been a tremendous asset to my portfolio, both at my current company and my past company. As an HR leader, I am always looking for ways to find external resources that can provide a solution to our management training needs. LSA does that for me. Their solutions are presented in a much more leadership-oriented manner so as to be crisp, business relevant, and easy to apply right back on the job. I will continue to augment our programs using LSA solutions.

Ken Boehm
VP of Human Resources

Evaluate your Performance

Toolkits

Toolkits

Download key published insights and tools from industry experts highlighting best practices in the areas of talent, strategy and culture.

More

Health Checks

Health Checks

Want to know how you stack up against leading organizations?  Receive a complimentary benchmarking analysis courtesy of an LSA Expert.

More

Whitepapers

Whitepapers

Get up to speed on timely solutions critical to your business. Published by LSA Experts based upon client feedback and key industry trends.

More

Methodology

Methodologies

First we identify the key metrics you want to improve. Then we assemble a dedicated team of elite experts who have successfully solved similar problems with similar clients.

More

Blogs

Stay up to do date with the latest information on how we help high growth companies align their culture and talent with strategy.

More

Case Studies

Client Case Studies

Real world consulting and training approaches from LSA projects, providing insights on how your company can outperform the competition.

More