Strategic Execution: Best Practices in Implementing Strategic Initiatives
Many organizations are adept at developing long-term strategies and can even articulate strategic initiatives to promote the strategies. However, research indicates that over two-thirds of major strategic initiatives fail to be executed. This session presents recent research that identifies critical success factors in translating and progressing from strategy to execution. Specifically, the participants will explore the importance of clarity, teamwork, agility and culture in successfully implementing a strategy. The session concludes with a discussion on a tool to help with “execution readiness."
After this session participants will be able to:
- Understand the relationship between setting the strategy and implementing the strategy.
- Assess the readiness of the organization for execution of a strategic initiative.
- Identify the key uncertainties in order to build agility into the execution plan.
- Determine the gaps between the current state of the organization and the optimal readiness state of the organization and develop actions to reduce the gaps.
Facilitated by: Kathy Pearson, PhD, Enterprise Learning Solutions