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Step 5: Strategy Cascading Process (PDF)
PDF (PDF) + PowerPoint (PPTX) 54 Pages
BENEFITS OF DOCUMENT
- Increased business performance as a result of increased operational efficiency. When it's clear who does what, duplication of work is diminished.
- Improved coordination and decision-making. Operating models provide improved ability to plan and sequence initiatives, as dependencies across the organization are better understood.
- Better connection with stakeholders by adapting to their changing needs.
DESCRIPTION
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 - The Horizon Strategy.
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