Successful organizational change is crucial for every organization. Organizations need to continually adapt themselves to a continuously changing environment in order to survive. Despite its strategic importance many organizations fail at organization change. Because of its high failure rate, achieving successful organization change remains a continuing challenge for managers and... read more →
Dec
10
Dec
08
For decades survey after survey reveal that most strategy implementations fail. The majority of strategies fail in the implementation phase. This is the strategy implementation problem: ‘the all too frequent failure to create change after seemingly viable plans have been developed’. Because of its high failure rate, achieving successful strategy... read more →
Nov
21
Strategic success not only requires an appropriate strategy but also that the strategy is executed successfully. Even the best-made strategy is worthless without successful execution. Despite its strategic importance many organizations fail at strategy execution. Fewer than 15 percent of organizations are successful in strategy execution. Because of its high... read more →
Nov
20
Organizations need to continually adapt themselves to the current turbulent environment in order to be successful. This requires a continuous adaption of the strategy, structure and processes of the organization. However, survey after survey reveal that most strategic change initiatives fail. Many organizations have a fundamental disconnect between the formulation... read more →
Nov
19
The ability to develop and implement a new strategy quickly and effectively is crucial for every organization. Despite its strategic importance many organizations fail at strategy implementation. Because of its high failure rate, achieving successful strategy implementation remains a continuing challenge for managers. This article presents the strategy execution framework... read more →
Jan
11
Strataegos Consulting is a strategy consultancy with a focus on strategy execution. Strataegos Consulting combines state of the art academic knowledge of strategy management with a proven track record in strategy consulting and financial advisory. Our clients seek us out for important issues that shape the future of their organization.... read more →
Jan
09
The successful implementation of a strong and robust strategy gives any organization a competitive edge. In current turbulent environments, the ability to quickly develop a new strategy often means the difference between success and failure for organizations. Well-formulated strategies only produce superior performance for organizations when they are successfully executed. Even the best... read more →
Jan
08
The successful implementation of strong and robust strategies gives any organization a significant competitive edge. However, well-formulated strategies only produce superior performance for organizations when they are successfully implemented. For decades survey after survey reveal that most strategy implementations fail. Fewer than 15 percent of organizations around the world report that they... read more →
Jan
05
Successful strategy development, execution and control requires building a strategy management office that is dedicated to managing these crucial processes. Surprisingly many organizations lack such a department. Organizations often lack an effective strategy management process that allows executives and managers to turn the strategy into operational results. A strategy management office... read more →
Jan
03
Strategic success not only requires an appropriate strategy but also that the strategy is executed successfully. Even the best-made strategies are worthless without successful execution. Despite its strategic importance many organizations fail at strategy execution. Fewer than 15 percent of organizations are successful in strategy execution. Because of its high... read more →
Jan
02
This presentation outlines the Strategy Execution Model– a comprehensive management model that allows managers to master one of the greatest management challenges – successfully implementing strategies. The powerful framework incorporates 18 success factors that are related to the strategy, its execution, mobilizing the people, aligning the organization and building systems... read more →
Dec
14
A strategy management office is a department that manages the whole strategy process of an organization – from strategy to execution. The office not only supports senior management with strategy development but also middle management with strategy execution. The strategy management office is responsible for developing the strategy, supporting strategy... read more →
Dec
14
Organizations need a performance management system that monitors the progress of the execution and demonstrates senior management’s interest and investment in attaining the goals of the strategy. The greater the internal change required by a strategy, the more important effective incentives become. Managing performance is essential for motivating employees and... read more →
Dec
11
After developing the strategy, senior management often communicates its key themes to the organization, expecting employees to act quickly upon it. However, without a strategy control system that supports the strategy, it remains a wish list or a set of goals that may or may not ever be achieved. Organizations... read more →
Dec
11
Adequately trained staff is one of the most critical steps senior management can take to ensure successful strategy implementation. A new strategy often requires a change in the optimal mix of human resources for the organization requires developing employees through training programs, courses and workshops. During the development of a... read more →
Dec
09
Empowering employees is crucial for succesful strategy management and strategy execution. When employees feel empowered they are more likely to perform well during the development and execution of a strategy. Employees are the ones who have to execute the strategy and make it a success. When employees feel empowered this... read more →
Nov
27
People management skills are crucial for successful implementation. When managing people during strategy execution, soft skills are as important as hard skills if not more important. A manager or executive with implementation responsibilities must be both task and people oriented. Strategy execution is not just about task performance. In the... read more →
Nov
27
Strategies are as good as the people developing and executing it. My research found that appointing competent people for strategy execution is by far the single most important success factor. The people who have to execute the strategy must have the required skills, attitude and knowledge to do what is... read more →
Nov
27
The culture of an organization must be aligned to its strategy. The culture can make or break a strategy. Ideally the existing culture supports the strategy of the organization. However, a new strategy often has consequences for the existing culture. A new strategy often requires changes in the values, way... read more →
Nov
25
Aligning strategy and processes is crucial in delivering value to customers and stakeholders. The strategy outlines the goals of an organization and how it is going to achieve those goals. Since business processes are the way in which work is done in an organization, processes must be tightly linked to... read more →
Nov
03
Aligning organization structure to strategy is crucial for strategy execution success. The organization structure needs to support the strategy and its execution. When possible, management must ensure that the organization structure is clear, decentralized and formalized. When the existing structure does not meet these requirements, it is a hindrance to... read more →
Nov
02
Achieving results in strategy execution is crucial to its success. By achieving results and making change visible early on in the execution process leaders can show their organization that they are committed to the strategy and that the strategy is sound. By making change visible a strategy can be made... read more →
Oct
30
Strategy execution communication to the organization and external stakeholders is crucial to the success of any strategy. After a strategy is developed and during its execution it must be extensively communicated to the rest of the organization and relevant external stakeholders. Organizational members cannot execute a strategy if they do... read more →
Oct
30
Leading strategy execution by senior management has a significant influence on the level of success of a strategy execution effort. Leading strategy execution is a crucial responsibility for senior managers. During the whole strategy process there must be one clear leader who is responsible for the development and execution of... read more →
Oct
29
After a strategy is developed, it must be translated into a comprehensive strategy execution plan. Developing a strategy execution plan is a task of the strategy execution team. An strategy execution Plan or implementation plan is a comprehensive plan that clearly outlines the objectives of the strategy execution, the activities... read more →
Oct
19
Successful strategy formulation and execution requires securing strategy commitment of managers and employees on all levels of the organization. Managerial commitment to the strategy and its execution is especially important for strategy execution success. Explicit management support of the strategy is crucial because management provides leadership and rewards to organizational... read more →
Sep
02
Involving employees in strategy execution is crucial for successful strategy formation. Successful strategy formulation and implementation requires the involvement and commitment of managers and employees on all levels. A failure to involve key people often results in implementation failure. During the whole strategy formulation and execution process it is essential... read more →
Aug
15
Successful strategy implementation requires building an executable strategy. A strategy is a combination of the goals the organization aims to achieve and how it aims to achieve those goals. Strategy formulation and strategy execution are intertwined processes and success in both is necessary for superior organizational performance. No execution can save... read more →
Jan
24
Successful strategy development and execution begins with crafting a strategy execution vision by top management. The strategy execution vision describes the desired future state of the organization. Organizations that are successful in strategy execution often have a guiding purpose that remains stable while their strategy and activities continuously adapt to... read more →
Jan
24
Mastering strategy execution involves managing the six elements of the Strategy Execution System: developing the strategy, managing the execution of the strategy, aligning the primary process, structure, culture to the strategy, managing people and building control systems that monitor and control the execution of the strategy. THE STRATEGY EXECUTION SYSTEM... read more →
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