Did you know that a study by Ernst & Young showed that a total of 66% of business strategies are never executed ? And a study by Harvard University and McKinsey & Company showed that those who are less than a third ( 30 percent) to achieve the desired result?
With statistics like this, we can assume that most business strategies are not worth the paper they are written. So how do you ensure that your business strategy is not sidelined ?
Here are three ideas that I picked up from working with clients in the last two decades as a successful expert in the development of coaching / leadership are presented.
3 tips to ensure that your business strategy is executed
I. Create team strategy implementation: In the Harvard Business Review blog , run your strategy - without killing it , the author says :
The seeds of the problems of implementation are planted early, often in the formulation of strategy. The lesson here is clear: the process of defining and designing the strategy can not be considered separate from the creation of the plan to execute it.
He goes on to note that most leaders in the development of their plans " in a vacuum " without input from those who are actually running (equipment) is performed.
The lesson here : It is critical please check with so many facets of your business as possible before deciding on a final strategy of the company. This means that everyone who within the company (eg , providers and managers ) to those outside your organization (eg , customers and industry experts ) .
II . Support divisions : companies grow , what was once a mercurial role become solid partitions . They begin to function like little fiefdoms - rather than part of a whole company - each with their own needs.
The lesson here : It is important that all business strategies have recognized this next change (if small) or reality (if the company has developed to this point).
The main reason is the division leaders who understand the needs ( fief ) of its market, and is the leader of the division may recommend changes to achieve the desired overall business strategy result.
III . Leadership Check Out: What I mean is that when a company is in trouble, for example, things that are more likely to do is change the computer, for example, the CEO . Often, this person will depend on what worked for them in the past to other organizations .
But the business strategy - even if that person is in the same area - suitable for :
Your organization?
At this time?
For your demographic ?
With the methods of distribution?
With its supply chain ?
With your goals in mind for the future?
As you can see, this list of questions can go on.
The lesson here : This is what I mean when I say leadership " at the right time . "
Sometimes it is advisable to change the course (eg , hiring a new CEO ) . It is possible that you have different sets of skills to take your business from $ 1 million to $ 20 million to U.S. $ 100 in sales, but if you're still stuck at $ 3 million is the person that you bring targeted "low " enough to do what you have to do at this stage to prepare for the next step?
You see what I mean?
The business strategy of your company is your roadmap for the future. Do you have the right pieces in place to ensure it is not left out ? Otherwise, please contact us. I can help you .
With statistics like this, we can assume that most business strategies are not worth the paper they are written. So how do you ensure that your business strategy is not sidelined ?
Here are three ideas that I picked up from working with clients in the last two decades as a successful expert in the development of coaching / leadership are presented.
3 tips to ensure that your business strategy is executed
I. Create team strategy implementation: In the Harvard Business Review blog , run your strategy - without killing it , the author says :
The seeds of the problems of implementation are planted early, often in the formulation of strategy. The lesson here is clear: the process of defining and designing the strategy can not be considered separate from the creation of the plan to execute it.
He goes on to note that most leaders in the development of their plans " in a vacuum " without input from those who are actually running (equipment) is performed.
The lesson here : It is critical please check with so many facets of your business as possible before deciding on a final strategy of the company. This means that everyone who within the company (eg , providers and managers ) to those outside your organization (eg , customers and industry experts ) .
II . Support divisions : companies grow , what was once a mercurial role become solid partitions . They begin to function like little fiefdoms - rather than part of a whole company - each with their own needs.
The lesson here : It is important that all business strategies have recognized this next change (if small) or reality (if the company has developed to this point).
The main reason is the division leaders who understand the needs ( fief ) of its market, and is the leader of the division may recommend changes to achieve the desired overall business strategy result.
III . Leadership Check Out: What I mean is that when a company is in trouble, for example, things that are more likely to do is change the computer, for example, the CEO . Often, this person will depend on what worked for them in the past to other organizations .
But the business strategy - even if that person is in the same area - suitable for :
Your organization?
At this time?
For your demographic ?
With the methods of distribution?
With its supply chain ?
With your goals in mind for the future?
As you can see, this list of questions can go on.
The lesson here : This is what I mean when I say leadership " at the right time . "
Sometimes it is advisable to change the course (eg , hiring a new CEO ) . It is possible that you have different sets of skills to take your business from $ 1 million to $ 20 million to U.S. $ 100 in sales, but if you're still stuck at $ 3 million is the person that you bring targeted "low " enough to do what you have to do at this stage to prepare for the next step?
You see what I mean?
The business strategy of your company is your roadmap for the future. Do you have the right pieces in place to ensure it is not left out ? Otherwise, please contact us. I can help you .
0 commentaires:
Enregistrer un commentaire