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Are you Bridging Your
                              Strategy Execution Gap?




Strategy: Don’t Just Plan…EXECUTE!




   ...
Did You Know?


 • Top 10 in-demand Jobs in
   2010 did not exist in 2004

 • US Department of Labor
   estimates today’s ...
Years to Reach Market Audience of 50 Million


          Radio - 38 Years

           TV - 13 Years


              Intern...
Did You Know?


 • Amount of new technical
   information is doubling
   every 2 years




          discover • plan • exe...
Did You Know?




        discover • plan • execute • succeed
What We Think It Means

 • Business is constantly changing
    – Competitive Landscape
    – New Information & technologie...
Changes in Fortune 1000 Top 20

    Are You Built To
       Change?
                                                      ...
What It Means

    Make It Happen vs. Let It Happen




   It’s About Execution!
          discover • plan • execute • suc...
Its About Execution
            Top CEO Concerns




         discover • plan • execute • succeed
Are you executing your strategy?




      discover • plan • execute • succeed
Are You Executing Your Strategy?



    "90% of organizations fail to execute their
    strategies successfully."




    ...
Are You Executing Your Strategy?

  "82% of Fortune 500 CEO's feel their
  organization did an effective job of strategic
...
Are You Executing Your Strategy?

  “62% of more than 1,500 executives describe
  their organizations as mediocre – or wor...
Execute or Die




                          Vs.




           discover • plan • execute • succeed
The US Post-Office

  • Facing closure of 10% of post-offices
  • Did not have a strategy to navigate
    recession
  • Re...
Executing and Dictating Outcomes




          discover • plan • execute • succeed
Are You Bridging Your Strategy Execution Gap?


  • Will you be in business in 1 – 3
    years?

  • How will your busines...
The Strategy-Execution Gap
 The Strategy Execution Gap is the variance between management's strategic
 plans and the organ...
Strategic Alignment
     Strategic Alignment is the coordinated deployment of strategic
     assets (human, financial, & i...
Activity


  • The object of the exercise is to win.
  • The way to win is to accumulate the
    maximum possible positive...
Alignment – Horizontal & Vertical
      Organizational Units fail to coordinate, have conflicting goals and
      prioriti...
Managing and Executing Strategy


 •   Process for linking activities to strategies
 •   Measurement
 •   Culture of execu...
Business Simplicity
                                                               Value Chain
      Vision               ...
Vision


  • How do you want to be perceived by customers?

  • What do you seek to create as a company?

  • Vision serve...
Strategies


  • Strategy is the course we chart, the journey
    we imagine, and at the same time, it is the
    course w...
Activities


  • What we engage in on a daily basis as an
    organization, department, individuals that
    support the i...
Strategic Management Systems




           discover • plan • execute • succeed
BSC Strategy Map – Confusing?
Financial                                                           Enhance Organizational C...
Align Strategic Assets to Support Execution

  Vision                         Your Vision

Strategies
Initiatives         ...
Which Describes You?




     Make It Happen!                   Let It Happen!


            discover • plan • execute • s...
Thank You!


                                     Are You Bridging Your
                                  Strategy Executi...
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Strategy: Dont Just Plan...EXECUTE!

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Companies must improve execution if they are going to survive, or better yet, drive the competition in this economy. This presentation discusses how an ever changing landscape is forcing companies to remove complexity from executing strategy and embrace simplicity for speed, flexibility, and adaptability to change.

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Strategy: Dont Just Plan...EXECUTE!

  1. 1. Are you Bridging Your Strategy Execution Gap? Strategy: Don’t Just Plan…EXECUTE! discover • plan • execute • succeed
  2. 2. Did You Know? • Top 10 in-demand Jobs in 2010 did not exist in 2004 • US Department of Labor estimates today’s learner will have 10-14 jobs by age 38 • 1-4 employees have been with their current employer for less than a year discover • plan • execute • succeed
  3. 3. Years to Reach Market Audience of 50 Million Radio - 38 Years TV - 13 Years Internet - 4 Years iPod - 3 Years Facebook - 2 Years discover • plan • execute • succeed
  4. 4. Did You Know? • Amount of new technical information is doubling every 2 years discover • plan • execute • succeed
  5. 5. Did You Know? discover • plan • execute • succeed
  6. 6. What We Think It Means • Business is constantly changing – Competitive Landscape – New Information & technologies – Changing Worker Habits/Needs • Companies must adapt and drive in order to succeed • Have you incorporated this into your strategy? discover • plan • execute • succeed
  7. 7. Changes in Fortune 1000 Top 20 Are You Built To Change? ? 60% 2003 - 2013 45% 1993 – 2003 1983 - 1993 35% 1973 - 1983 Source: Built to Change, Lawler, Worley, 2006 discover • plan • execute • succeed
  8. 8. What It Means Make It Happen vs. Let It Happen It’s About Execution! discover • plan • execute • succeed
  9. 9. Its About Execution Top CEO Concerns discover • plan • execute • succeed
  10. 10. Are you executing your strategy? discover • plan • execute • succeed
  11. 11. Are You Executing Your Strategy? "90% of organizations fail to execute their strategies successfully." discover • plan • execute • succeed
  12. 12. Are You Executing Your Strategy? "82% of Fortune 500 CEO's feel their organization did an effective job of strategic planning. Only 14% of the same CEO's indicated that their organization did an effective job of implementing the strategy.“ discover • plan • execute • succeed
  13. 13. Are You Executing Your Strategy? “62% of more than 1,500 executives describe their organizations as mediocre – or worse – at strategy execution” discover • plan • execute • succeed
  14. 14. Execute or Die Vs. discover • plan • execute • succeed
  15. 15. The US Post-Office • Facing closure of 10% of post-offices • Did not have a strategy to navigate recession • Revenues and mail volume decline • Cut-backs in advertising mail • Is it the industry? discover • plan • execute • succeed
  16. 16. Executing and Dictating Outcomes discover • plan • execute • succeed
  17. 17. Are You Bridging Your Strategy Execution Gap? • Will you be in business in 1 – 3 years? • How will your business change? • Do you have a strategy? • Are you executing? discover • plan • execute • succeed
  18. 18. The Strategy-Execution Gap The Strategy Execution Gap is the variance between management's strategic plans and the organization's actual execution or implementation of those plans. Alignment Maturity Model High Medium Strategy Execution Low Gap Strategy Gap Execution • Vision • Knowledge • Alignment • Strategies • Strategic Change • Measurement • Activities • Ability to Execute • Accountability discover • plan • execute • succeed
  19. 19. Strategic Alignment Strategic Alignment is the coordinated deployment of strategic assets (human, financial, & information capital) to achieve corporate strategies and is the foundation of strategy execution. Strategy Execution Human Financial Information discover • plan • execute • succeed
  20. 20. Activity • The object of the exercise is to win. • The way to win is to accumulate the maximum possible positive points. Color Score Mixed Red 500 Mixed Black -500 All Red -250 All Black 250 discover • plan • execute • succeed
  21. 21. Alignment – Horizontal & Vertical Organizational Units fail to coordinate, have conflicting goals and priorities, and often compete for resources, resulting in poor strategy execution. Without With • Horizontal Alignment breaks down silos across functions • Vertical Alignment keeps every level of organization focused on corporate strategies discover • plan • execute • succeed
  22. 22. Managing and Executing Strategy • Process for linking activities to strategies • Measurement • Culture of execution • Leading and Lagging measures • Common Terminology & Communication discover • plan • execute • succeed
  23. 23. Business Simplicity Value Chain Vision Balanced Scorecard Mission SWOT Analysis Corporate Strategy Porter’s Five Forces Business Strategy Strategies Competitive Advantage Strategy Maps Strategic Planning Strategy Portfolio Grand Strategy Activities Values Seven ‘S’ Framework Goals discover • plan • execute • succeed
  24. 24. Vision • How do you want to be perceived by customers? • What do you seek to create as a company? • Vision serves as north star to guide the company discover • plan • execute • succeed
  25. 25. Strategies • Strategy is the course we chart, the journey we imagine, and at the same time, it is the course we steer, and the trip we actually make • Strategies are the overall themes of activities we engage in to achieve our vision • Strategic initiatives are defined to support the strategies of the organization discover • plan • execute • succeed
  26. 26. Activities • What we engage in on a daily basis as an organization, department, individuals that support the implementation of strategic initiatives and overall corporate strategies • Activities link your human, financial, and information capital (Strategic Assets) to your strategies and vision discover • plan • execute • succeed
  27. 27. Strategic Management Systems discover • plan • execute • succeed
  28. 28. BSC Strategy Map – Confusing? Financial Enhance Organizational Capability Enhance effectiveness of HR Vision Performance Provide operational excellence through efficient HR practices contributions to business performance Sr. Executives Managers Employees Strategies Internal Customer Get the right people in the right place at the Be knowledgeable & trusted advisor Support achievement of business objectives Promote a global diverse Provide competitive Provide opportunity to right time culture rewards advance career Activities Internal • Attract , Develop, & Retain Talent Develop leadership pipeline Drive Organizational Performance • Align individual performance objectives to business outcomes • Transform HR into Strategic Asset Understand & anticipate business needs Processes • Attract MDs into R&D • Transform performance management process • Consult on talent solutions • Facilitate movement of talent across org into business performance tool • Improve HR best-practices awareness • Manage contingent workforce effectively • Align/leverage reward system with strategy • Develop efficient & effective HR processes • Attract & develop employees/leaders • Make innovation & customer satisfaction part of aligned to business outcomes every job • Manage change initiatives effectively Create Alignment Create Capability •Identify HR activities that drive business performance •Identify required KSAs, behaviors, values required •Link people and processes to organizational strategy •Identify strategic job families that deliver results •Identify actionable metrics to measure effectiveness •Define competency model for job families •Partner with IT to execute HR technology strategy Human Capital Information Capital Organizational Capital Assets Learning & •Knowledge, skills, abilities & values •Improve business acumen •Global Core HRIS system •Talent Management System •Know business needs •Strategic identity •Develop strategic HR competencies •HR data warehouse •Manage change Growth •Enhance and communicate EVP •Digital HR •Align workforce to strategy discover • plan • execute • succeed
  29. 29. Align Strategic Assets to Support Execution Vision Your Vision Strategies Initiatives Strategic Initiatives Activities Alignment & Capability Assets Human Financial Information discover • plan • execute • succeed
  30. 30. Which Describes You? Make It Happen! Let It Happen! discover • plan • execute • succeed
  31. 31. Thank You! Are You Bridging Your Strategy Execution Gap? Website: www.cncstrategy.com Strategic Alignment Questionnaire™: https://www.cncincsolutions.com/questionnaire discover • plan • execute • succeed

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