May 15

Executing strategic initiatives

by Torben Rick No Comments
Categories: Strategy
Tags: , , , .

Only 30 percent of strategic initiatives are successfully executed. Of those that are, most CEOs view the process as too slow.

Start by understanding the barriers to execution:

  • Employees don’t grasp where an initiative is going.
  • They don’t adopt new behaviors.
  • They’re not committed to working together to achieve results.

Most leaders try to speed things up by changing processes or installing new technologies. But better processes and systems won’t remove the barriers. Instead, you need to unleash three people factors—clarity (understanding the goal), unity (collaborating across work groups), and agility (adapting quickly).

The authors explain how to unleash these factors by exercising four leadership abilities:

  • Affirming strategies: Ensuring everyone knows the destination and wants to go there
  • Driving initiatives: Accelerating projects called for by your strategy
  • Managing climate: Controlling what it feels like to work in your team
  • Cultivating experience: Harnessing employees’ knowledge and expertise

Short URL & Title:
Executing strategic initiatives — http://www.torbenrick.eu/t/r/shh

  • email
  • Add to favorites
  • RSS
  • Reddit
  • Posterous
  • Mixx
  • Propeller
  • Identi.ca
  • del.icio.us
  • FriendFeed
  • LinkedIn
  • viadeo FR

Related posts:

  1. How to ensure strategy involvement
  2. Build a culture that supports strategy implementation
  3. How to explain employee engagement
  4. Improving performance through transparency
  5. The crucial ingredient in successful business turnaround

This entry was posted on Saturday, May 15th, 2010 at 3:43 pm and is filed under Strategy. You can follow any responses to this entry through the RSS 2.0 feed.You can leave a response, or trackback from your own site.

Leave a Reply

Spam Protection by WP-SpamFree