Strategy execution is about creating tomorrow's organization out of today. Sound strategy and solid execution are both important.
Today’s digital organization simply just can’t stand still., bridging the gap of opportunity between where you are and want to become is a welcomed challenge, it is important to identify and strengthen the weakest link and take a stepwise approach to make a leap of digital transformation.
Gaps Between Strategy & Execution
How to Mind the Gap between Strategy and Execution As companies around the world transform themselves into a digital business that is based on information, innovation, and intelligence, their ability to well align the strategy and execution, for delivering the solid result; their capability to explore intangible assets (leadership, culture, innovation, knowledge, etc) has become far more decisive than their ability to invest in and manage physical assets. In order to build a solid strategy and execute it smoothly, more specifically, how to mind the strategy-execution gap? Do you think there should be a specialized strategy department for strategy analysis and formulation? What about strategy implementation and how to measure it effectively?
Close Multiple Linkages Between Strategy and Tactics The strategy is not just one of the things a leader does, it is the most important thing to reach the business vision and it's about creating tomorrow's organization out of today. Sound strategy and solid execution are both important.
Are you surprised that 95% of a typical workforce doesn't understand its organization's strategy? Business "Strategy" has an aura of mystique around it and has been made complicated by business jargon and experts, and strategic planning is usually something that is formed by upper-level management or the Strategic Planning department without input from those who will execute the strategy. Statistically, shall you be surprised that 95% of a typical workforce doesn't understand its organization’s strategy? But more specifically, what’re the top-down communication gaps or strategy-execution alignment roadblocks?
Bridging the Potential Gap Organizations today need both performance and potential. Performance keeps your business running, churning numbers, etc, whereas potential looks at an employee that can bring your company to the next level, and the collective human potential in the organization is the greatest thing the organization should ever invest in because it is the driving force to catalyze the business growth and build the unique organizational advantage the competitors cannot beat. So, how to understand both potential and performance at the deeper level, bridge the gap to unleash the collective potential, and accelerate business performance to the next level?
Bridging the Gaps of Accountability Digital transformation is all about shaping highly performing and highly innovative organizations. Lack of accountability is often one of the biggest obstacles to getting things done, or cause change inertia. Because people don’t feel “safe,” or run away from accountability because they had a personal experience or they have observed others being treated poorly or unfairly when being held accountable for results. So, how to bridge the accountability gaps and improve the business manageability to encourage responsible communication, decision-making, and action, with the intention to build on morale and real productivity? In detail, how do you drive workforce performance, whilst bridging gaps, and generating accountability for that performance?
The “Future of CIO” Blog has reached 3 million page views with about #6800th blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The content richness is not for its own sake, but to convey the vision and share the wisdom. Blogging is not about writing, but about thinking and innovating new ideas; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation, and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify diverse voices and deepen digital footprints, and it's the way to harness your innovative spirit.
1 comments:
Hello! Great article. But I think that for the right approach to business, you should think about choosing the right CMMS. And I know only one software that will cope with the task at 100% - Max Panda
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