License to Kill a Bad Strategy

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  • + esna.paul Esna Paul 11 months ago
    gud one... thanks for sharing
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License to Kill a Bad Strategy - Presentation Transcript

  1. The License to Kill a Bad Strategy
    • Often during the process of strategy execution, the implementers start getting early feedback that the strategy is way off the mark.
    • This feedback comes from the front lines : from employees, customers, suppliers, associates. Given a bad strategy, a great execution will only speed up a business failure.
    • What the implementers need is a mandate or a license to kill bad strategy without wasting precious resources and time
  2. Why a Bad Strategy is Not Shot Down http://www.flickr.com/photos/lens-prince/3039364918/
  3. Why a Bad Strategy is Not Shot Down
    • Implementation is done by the lowly grunts or junior level managers
      • No process through which the 'grunts' or 'hands and legs' can communicate their feedback.
      • Even if there are means to relay feedback , the feedback does not have the necessary credibility
    • Strategy Planners never account for the fact that strategy could be subject to modification or failure during the process of execution .
      • They never go out and monitor/supervise strategy-in-action
  4. Why a Bad Strategy is Not Shot Down
    • Strategy is supposed to be a sacred gospel
      • Devil advocates in senior management who question the strategy during development or execution are usually sidelined
    • Roll out of the strategy is rarely done on a test pilot basis
      • Usually the roll out is organization-wide and commits all the resources at the organization's command.
      • It is important to learn from lessons from a pilot before a complete roll out needs to be planned.
      • Often top management ego and the fabled 'need for speed' comes in the way
    • The Arrogance of
    • Strategy Planners
    • While a lot of time is spent in strategy formulation, it is very surprising that very little is spent in testing out the strategy.
    • No clear cut rules are defined to flag off a strategy that is not delivering the required results
    • No concession is made to the possibility that the strategy could fail and if so, what would constitute to be an early warning.
    http://www.flickr.com/photos/ladyinpink/448733763/
  5. http://www.flickr.com/photos/nexus_6/2512854859/ Why are people who are in thick of execution are not given a license to kill a bad strategy when they see it ?
  6. http://strategy-execution.blogspot.com www.mastersungroup.com [email_address] Sarvajeet : +91 9920803060

+ Sarvajeet ChandraSarvajeet Chandra, 11 months ago

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