strategic_implementation2.pptVIP

Strategic Implementation The Poor Cousin. Strategic Implementation Importance of implementation vs. strategy development? Issues? Strategic Implementation “The best game plan is the world never blocked or tackled anybody.” V. Lombardi “We would be in some form of denial if we didn’t see that execution is the true measure of success.” C. Michael Armstrong Strategic Implementation “ATT, Campbell Soup, Gillette, Eastman Kodak, Xerox. All these companies should be succeeding but aren’t. Why? Because they don’t know how to execute.” Larry Bossidy, Chairman and former CEO of Honeywell. Strategic Implementation “People think of execution as the tactical side of business, something leaders delegate while they focus on the perceived ‘bigger issues’. This idea is completely wrong. Execution has to be built into a company’s strategy, its goals, and its culture. And the leader of the organization must be deeply engaged in it.” Larry Bossidy, The Discipline of Getting Things Done. Strategic Implementation “When you manage these processes in depth, you get robust results. You get answers to critical questions: Are our products positioned optimally in the marketplace? Can we identify how we are going to turn the plan into specific results for growth and productivity? Are we staffed with the right kinds of people to execute the plan? How do we make sure the operating plan has sufficient specific programs to deliver the outcome?” Implementation is Different Operation-driven rather than market-driven. Action-oriented, make-things-happen tasks. Strategy requires few; execution requires everyone. Implementation is Tougher Why is it tougher? More time consuming challenge Wide array of managerial challenges Many options to proceed Demanding people-management skills Perseverance to get initiatives moving Number of unexpected issues Resistance to change, misunderstandings. Difficulties of integrating efforts across groups. Strategic Implementation Most know wha