Date post: | 20-Nov-2014 |
Category: |
Education |
Upload: | event-garde-llc |
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Welcome!
Overview of Session
The Case for Execution
Framework for Execution
Case Studies
Group Sharing
Debrief
"Companies typically realize only about 60% of their strategy's potential value because of defects
and breakdowns in planning and execution."
Harvard Business Review, 2005
What we PLAN to do…
What actually GETS DONE…
Lost opportunity and revenue
The Execution Gap
What’s At Risk?Operational: • Production• Finances
Organizational:• Efficiency • Culture• Reputation
Personal:• Credibility• Supporters• Job
"82% of Fortune 500 CEOs feel their organization did
an effective job of strategic planning. Only 14% of the same CEOs indicated their
organization did an effective job of
implementing the strategy."
Forbes Magazine, 2011
C
ase
Stu
dy
Read the Membership
Case Study on page 1 of
your handout.
As we walk through the
Framework, be prepared
to identify issues that
could impede execution.
Fram
ew
ork Scan
Plan
Implement
Communicate
Evaluate
"Execution is a minefield… Agendas compete. Priorities clash.
Decisions stall. Communication breaks down. Timelines get blown. It’s never a
question of IF these problems will happen; it’s a question of WHEN and to
WHAT DEGREE.”
HBR Blog, 2013
S
can
Assess strategy/plan based upon
recent performance
Conduct a SWOT analysis
Assess competitive strengths and
identify weaknesses
Determine the issues that need to
be addressed based upon findings
SStrengths
Inte
rnal O
rig
in(a
ttrib
utes
of t
he a
ssoc
iatio
n)Exte
rnal O
rig
in(a
ttrib
utes
of t
he e
nviro
nmen
t)
HelpfulTo achieving the objective
HarmfulTo achieving the objective
WWeaknesses
O TOpportunities Threats
Sca
n
Rivalry among competitors
Threat of substitutions
Potential new entrants
Power of suppliers
Power of buyers
Porter’s Competitive Forces S
can
Case
Stu
dy
Can we identify any
areas of potential
breakdowns related
to scanning?
Check Point
Pla
n
What needs to be done?
Who needs to do it?
By when?
With what resources?
Case
Stu
dy
Can we identify any
areas of potential
breakdowns related
to planning?
Check Point
Ensure leadership knows the plan.
Schedule key check points.
Invite input from colleagues.
Be on the look out for barriers.
Help colleagues prioritize.
Imp
lem
en
t
Monitor the plan…obsessively.
Case
Stu
dy
Can we identify any
areas of potential
breakdowns related
to implementation?
Check Point
C
om
munic
ate Articulate specific actions needed
and desired outcomes.
Check-in frequently for questions and
progress.
Ask questions about process,
workflow, unexpected issues.
Share progress, challenges and
successes along the way.
Case
Stu
dy
Can we identify any
areas of potential
breakdowns related
to communication?
Check Point
Progress towards goals/metrics
Performance against the plan
Feedback from colleagues
Feedback from stakeholders
‘Done wells’, the ‘Do betters’
and even the ‘Don’t dos’
Play-by-Play ReplayEvalu
ate
Lack of detailed planning
Expectations not clearly stated
Poor communication/coordination
Lack of accountability
Poor prioritization
Common PitfallsEvalu
ate
Case
Stu
dy
Can we identify any
areas of potential
breakdowns related
to evaluation?
Check Point
C
ase
Stu
dy
Find a buddy.
Read the Meetings Case
Study.
Discuss w/ your buddy.
Identify 3 breakdowns.
May the odds be ever in your
favor!
Review of Session
The Case for Execution
Framework for Execution
Case Studies
Group Sharing
Debrief