Sunday, November 17, 2013

Involvement & Interdisciplinarity

Strategy Execution takes both capabilities and disciplines.

We all know setting up a right strategy is tough, but executing a strategy could be even harder, Why is it so difficult to execute the strategy? As Execution is a broader arena which has to connect more non-linear dots and take multi-disciplinary understanding and capabilities.  Still, some high-performing organizations are excellent upon strategy execution, what are the most important factors to be successful?

Here are five interdisciplinary success factors in strategy execution.

1. Leadership Effectiveness 

Leadership is crucial in strategy execution, as effective leaders are like orchestra maestro who will implement the harmony in all stages, and they are also charismatic strategy champions who will achieve buy-in.

First of all, a leadership team is taking charge of setting ambitious and achievable strategic objectives. Most people get the maximum motivation when the company they work at is very ambitious with their strategy. Often trying to be the best, the most innovative organizations push people out to the comfort zone or take the extra mile,  Of course, the strategy has to be clear and achievable

Besides strategy, an effective leadership team will also tune in the organizational structure and working /culture style in executing strategy smoothly.
STRUCTURE - do the department/ business units work together? Is it centralized or matrix oriented? Are there walls that need to be knocked down?
STYLE - What's the culture of the company? How do the top managers promote goals & share their values... These factors are all inter-weaved!

Leadership team shall also define ‘Execution Success' via multiple dimensions

2. Communication Effectiveness 

The successful strategy needs good communication transmission that will create a sense of ownership. Everybody needs to be involved, at a certain point and at a certain stage of the strategy execution. Seek ideas/suggestions with the execution team and create a bonding within the team.

Involving all stakeholders right from the beginning; this will help the expectation management/perception management etc, a key consideration is to understanding that translating strategy is not a project to fix something which is wrong (reactive), it is a proactive mentality to move the organization to a future point.

Effective communication will enable better-translating strategy into the project portfolio. The strategic plan drives an organizational project portfolio mix. The desired portfolio mix drives project selection criteria. This creates the linkage from strategy/vision to implementation. 

Effective communication will identify, and enforce both internal and external success factors in strategy execution, and help avoid roadblocks or overcome barriers. 
1) Internal factors for the strategy execution are the next:
-Best Management -Management capacity to implement strategy successfully.
-Sufficient resources and human resource.
-Knowledge management and skills to implement it.
-Technology to execute strategy.
-Goal setting-achieved results.

2)External factors for the strategy execution are the next:
-Favorable Law and regulations.
-Policy and Institutional environment.
-Economic favorable environment.
-Policy stability and certainty.
-External stakeholders’ effective relationships.

3 Excellent Execution Skills 

People, more specifically, talent skills are the most critical link to execution excellence. Do you have the expertise & core competencies to achieve strategy and make defined future happen? Is training needed? Do you have the right team in place, from a skill, culture, & per volume standpoint... People will make or break the operation's success.

Realistic time-frames for actual delivery - not just published ones: Translating strategy into operational readiness is a real skill and is typically a medium to long term goal with a number of dependent tasks. Building a roadmap with a clear set of timelines and milestones will lead the execution journey more effortlessly.

Focus: It is really important to focus on a few initiatives and prioritize them. Senior Executives should say no to many of the initiatives and just choose a few where they will put most of the resources (resource, people) of the company. Today companies very often say yes to all the initiatives, with the consequent lack of focus. This is then spread through the organization and people no longer know where the priorities are.  

4. Strong Governance 

Management and Governance are interdependent disciplines, a strategy execution takes both for success. Statistically, the organizations with strong governance achieve better profitability and higher performing resulting than their competitors.

Effective governance practice should sustain the transformative change in business. Evaluate whether the governance leads to streamlining of processes, improve risk management and whether the organization is able to measure its strategic objectives more effectively and efficiently. If a strategy is not moving forward as desired, an organization has a cleaner structure to traverse in an attempt to identify the root cause and take mitigating actions.

Internal control to monitor the execution path: Strong governance disciplines enforce the ability to revisit and re-enforce what you have put into place at the start of the program consistently before moving on to new phases. Under strong governance, the well-defined KPIs will help measure results both qualitatively and quantitatively. So discipline and follow-up are the keys.

Effective governance mechanism is embedded into project management processes seamlessly. Project performance measures (success criteria) for each project are defined in relation to the business strategy; performance measures for project team members are linked to the project performance/success criteria. Such linkages create more resource engagement as it should be clearer to people how their work impacts the organization as a whole.

Effective governance should oversee the following business components and ensure the organization as a whole is more effective and efficient than the sum of pieces.
1). Resources (Time and Information are also resources)
2). Plan
3). System
4). Process
5). Executive Drive (Including Culture)  

5 Agility 

With the accelerating speed of business change, more often than not, the strategy is not static, but dynamic, the strategy execution phases will also be cascading, not linear steps. So alignment with the corporate strategy takes flexibility to rapidly change based on manifested conditions.

Agility is the ability to think and act promptly to the changes. Successful strategy execution needs to well orchestrate plans, allocation of needed assets, time frame, market conditions, preparing 'what if' scenarios, analyzing the impact on/of customers & competition, and setting the ultimate fishbone diagram planning for multiple forks in the road for the quick agile ability to react. 

The strategy-execution scenario should embrace the agile philosophy. Discussions of strategic plan issues must be ongoing and not merely a once-a-year exercise, strategy execution will keep the speed at sync, and strategic planning and execution should keep the long-term view within the short-term attention and focus of all key players and to facilitate change within the organization. That said, you are devising the strategy, it needs to be relevant but also general to deal with the changes the organization will naturally experience

The strategy is both art and science; strategy execution takes both capabilities and disciplines, there's no magic formula, through in-depth understanding of these key success factors, organizations can jump start at the horizon. 


Nice blog. Really helpful for learning Success factors and keep update on some more tutorials….. I liked your blog.

Linux Online training in India – Webtrackker Technology is providing the linux online training with 100% placement support. If you are looking for the BEST LINUX & UNIX Training Institute In india or linux online training from india, live project based LINUX & UNIX online training then you can contact to us.

Python online training in India, RPA Online training in India, Salesforce online training in india, AWS online training in india, Cloud Computing Online Training in India, SAS Online Training in india, Hadoop online training in INDIA, Oracle DBA online training in India, SAP online Training In india, Linux Online training in India

Needed to compose you a very little word to thank you yet again regarding the nice suggestions you’ve contributed here.
full hd computer monitor

I have read your blog its very attractive and impressive. I like it your blog. simultaneous interpretation equipment

Very nice post here thanks for it .I always like and such a super contents of these post.Excellent and very cool idea and great content of different kinds of the valuable information's.
silent disco headphones

This is a 2 good post. This post gives truly quality information.

RPA Training in Hyderabad

It's very nice blog. I'm so happy to gain some knowledge from here.

MSBI Training in Hyderabad

Thanks For Sharing This Blog Very Useful And More Informative.

Dell Boomi Training

Thank you for your post. This is excellent information.

CEH Training In Hyderbad

Excellent blog I visit this blog it's really awesome. The important thing is that in this blog content written clearly and understandable. The content of information is very informative.
Workday HCM Online Training!
Oracle Fusion Financials Online Training
Oracle Fusion HCM Online Training
Oracle Fusion SCM Online Training

Interview answers is a great resource for your readers here.

Thanks for this post very helpful
I Found this article useful same as your. you can visit by clicking java training in Hyderabad

It's Incredibly grand. Really very helpful article , Thank you for sharing

Workday Online Training

An overwhelming web journal I visit this blog, it's unfathomably amazing. Unusually, in this present blog's substance made inspiration driving truth and reasonable. The substance of data is enlightening
Oracle Fusion Financials Online Training
Oracle Fusion HCM Online Training
Oracle Fusion SCM Online Training

Thanks for Sharing This Article.It is very so much valuable content. I hope these Commenting lists will help to my website
top workday studio online training

Your site has a lot of useful information for myself. I visit regularly. Hope to have more quality items
We all predict a today cricket match prediction. Big bash league is starting in the coming time, winning chances of today matchwe will keep the information of the winning team of all the matches of this BBLT20 on our website. All the match information given by us is accurate. 100 accurate cricket predictions--BBL T20 Cricket Betting Tips--cricfrog today match prediction--IPL T20 Prediction 2020*-*cricket match prediction today*-*who will win today*-*toss prediction of today's match
BBL T20 Match Winner
BBL 2019 20 Match Astrology
BBL T20 Who will win today
BBL 2019 - 20 Match Bhavishyavani
Who will win today match

I really thankful to you for sharing a amazing post
hadoop online training hyderabad

I am very grateful to you that you share very informative post with us.Sap videos.Dell Boomi Training in Bangalore

Thanks for Sharing This Article.It is very so much valuable content. I hope these Commenting lists will help to my website..


MP Board 12th Class Blueprint 2021 English Medium & Hindi Medium PDF download, MPBSE 12th Blueprint 2021 Pdf Download, 12th Blue Print, Marking Scheme and Arts, Commerce and Science Streams Chapter wise Weightage pdf download. MP Board 12th Blue Print || MPBSE 12th Model Papers || MPBSE 10th Model Papers

Manabadi AP Intermediate 2nd Year Model Question Paper 2021 MPC, BIPC, CEC, MEC group TM, EM Subject wise Blue Print, Download BIEAP Intermediate Second Year Model Question Papers, AP Senior Inter Test Papers, Chapter wise important Questions download. || AP Inter MPC, Bi.PC, CEC Blue Print || AP Inter 1st / 2nd Year Model Papers || AP 2nd year inter Test Papers

Kar 1st / 2nd PUC Blue Print

Very interesting to read this article.I would like to thank you for the efforts you had made for writing this awesome article. This article inspired me to read more. keep it up.
machine learning online training
learn machine learning online
Machine Learning Online Training India

I just loved your article on the beginners guide to starting a blog.If somebody take this blog article seriously
in their life, he/she can earn his living by doing blogging.Thank you for this article.
top java online training

IEEE Final Year Project centers make amazing deep learning final year projects ideas for final year students Final Year Projects for CSE to training and develop their deep learning experience and talents.

IEEE Final Year projects Project Centers in India are consistently sought after. Final Year Students Projects take a shot at them to improve their aptitudes, while specialists like the enjoyment in interfering with innovation.

corporate training in chennai corporate training in chennai

corporate training companies in india corporate training companies in india

corporate training companies in chennai corporate training companies in chennai

I have read your blog its very attractive and impressive. I like it your blog. Digital Marketing Company in Chennai

I would like to thank you for the efforts you have made in writing this article. I am hoping the same best work from you in the future as well. Thanks for sharing your informative post on development.

Bigdata Hadoop Training in Gurgaon
Spark Training in Gurgaon
Python Training in Gurgaon

It is so nice article thank you for sharing this valuable content
Workday Training Online
Workday Training

Java applications are typically compiled to bytecode that can run on any Java virtual machine (JVM) regardless of the underlying computer architecture. The syntax of Java is similar to C and C++, but has fewer low-level facilities than either of them.
Java Training in Hyderabad

Java Course in Hyderabad

Thank you for sharing this wonderful site; it is quite informative. Your writing ability is excellent; you should continue to write blogs of this nature.

Digital Marketing Training In Telugu

This comment has been removed by the author.

Infycle Technologies offers the best Python training in Chennai for tech professionals and freshers with New year offers. In addition to the Python Training Course, Infycle also offers other technical courses such as Data Science, Oracle, Java, Power BI, Digital Marketing, Big Data, etc., which will be trained with complete practical classes. Dial 7504633633 to get more info and a free demo.

Nice blog

Thank you for sharing such a really admire your post. Your post is great! . Pet Dentistry in Vizag

That is nice article from you , this is informative stuff . Hope more articles from you . I also want to share some information about You Sweets Delivery in Hyderabad

I appreciate this piece of useful information,Thank You. Aaraa couture

UnoGeeks Offers the best Oracle Fusion Financials Training in the market today. If you want to become Expert Fusion Financials Consultant, Enrol in the Oracle Fusion Financials Online Training offered by UnoGeeks.

provides the quality service of customized fiber connections in the case of large businesses and government entities. Minato Namikaze Cloak

Full stack Developer course In Hyderabad

Awesome blog thanks for sharing information.

This comment has been removed by the author.

HI IAM CHARAN Nice blog post


it’s very helpful thanks for your valuable information follow us
Python Training in Hyderabad India

it’s very helpful thanks for your valuable information follow us
Python Training in Hyderabad India

Post a Comment