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Monday, December 5, 2022

How to Move from Strategy to Execution | HBR

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Strategy Execution: Crucial Measures for Winning the War for Talent

In Greek, strategy translates to “the art of the general” and denotes the capacity to accomplish a complicated battlefield objective. Every day “battles” in the contemporary corporate environment include implementing a digital transformation plan and winning the fight for talent. Many executives believe their approach is “correct,” but the execution is the issue. As organizational designers, we recommend three essential phases for constructing the optimal execution system. Strategic clarity is the capacity to precisely define the organizational skills that the new strategy will demand.

An operational model may illustrate how strategy execution will be assigned to the executive team. If done effectively, all essential strategic objectives and capabilities will have clear owners, achieving the “collectively exhaustive” degree of clarity. Have you matched your executive skills with the appropriate positions? Do you understand how distributed limited resources and shared assistance and abilities will be? Your executive team will direct your operational model, and your key leaders will be responsible for the strategy’s sub-goals.

Source: https://hbr.org/2022/06/how-to-move-from-strategy-to-execution



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