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After designing a dynamic PIP it's time to plan the execution through several objectives that will express that strategy, along with metrics and key performance indicators to measure progress.
The strategy cascading process enables you to break large goals into sub-objectives and distribute them to the overall company and teams at the next level. They, in turn, break objectives into plans and tactics until the smallest, most actionable goals penetrate the entire organization. In short, everyone needs to know how they fit and why they matter.
Strategic leaders communicate the cascading strategy to employees and make sure their team members at all levels understand the organizational strategy and objectives they're contributing to. Managers should be encouraged to set performance metrics, implement accountability systems, and coach to achieve strategic results.
The process of cascading strategy according to our dynamic PIP is as follow :
1- Vision ;
2- Themes ;
3- Key Drivers &
4- KPI.
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Source: Step 5: Strategy Cascading Process PDF (PDF) Document, Youssef AIT AKKI
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ABOUT THE AUTHOR
Have in-depth knowledge and experience in strategy execution, implementing Performance Plans, Balanced <scorecards, Lean
Management, Lean Manufacturing, Lean Supply Chain, Six Sigma, World Class Manufacturing (WCM) and Quality Management System (QMS) into production processes, supply chains and other areas and service industries.
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