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DOCUMENT DESCRIPTION

Most frameworks, guides, and business gurus who discuss corporate strategy focus purely on the theory of great strategy, but don't teach the art of great execution. Without execution, strategy is merely theory.

In fact, a common complaint of strategy consulting firms is that they leave clients with comprehensive presentations outlining the best strategy for their organizations. However, after the final presentation, employees will go back to their desks the next day and continue to do what they have been doing the days prior. There is a missing link between the strategy and its implementation. Even in MBA programs, 95% of the time is spent on the theory of strategy, while 5% (at best) is spent on execution. In real life, the exact opposite is true--5-10% is spent on strategy development--the remaining effort and time is spent on executing that strategy.

A great strategy may put you on the competitive map, but only great execution can keep you there. Most organizations struggle with execution. They understand the strategy, but can't translate that vision into the day-to-day changes to operations and actual implementation.

This document addresses the art and principles of business strategy execution. Topics include:
* 4 Building Blocks of Strategy Execution
* 17 Traits of Successful Strategy Execution
* Transformation Program Design
* Balanced Scorecard Overview
* Blue Ocean Strategy (4 Organizational Hurdles)

This document explains various frameworks related to business strategy execution and includes PowerPoint templates to be used for your own presentations and analysis.

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Source: Guide to Business Strategy Execution PowerPoint document

This document is part of the following Business Toolkits:

Strategy Development View Details
Strategy Deployment & Execution View Details
 
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Guide to Business Strategy Execution

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This business document is categorized under the function(s): Organization, Change, & HR   Strategy, Marketing, & Sales  

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File Type: PowerPoint (ppt)

File Size: 680.5 KB

Number of Slides: 48

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Initial upload date (first version): Sep 15, 2014

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