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Closing The Execution Gap

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Now more than ever it is important for leaders to be able to execute the strategic plan.

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Closing The Execution Gap

  1. 1. Closing the Execution Gap Focus&Execute David Sandberg [email_address] 801 938-3639
  2. 2. Closing the Execution Gap <ul><li>See if this sound familiar: </li></ul><ul><li>You spend time money and energy developing a great plan for the new economic environment. </li></ul><ul><li>You are excited about what where you are going this year. </li></ul><ul><li>You tell the board and your leadership staff about the direction. </li></ul><ul><li>You send memos and communicate the ideas. </li></ul><ul><li>At the end of the year you are looking at all the reasons your plan did not come to fruition. </li></ul><ul><li>You are preparing your excuses to deliver to the board. </li></ul><ul><li>You are asking yourself if you have the right people on board. </li></ul>
  3. 3. Closing the Execution Gap <ul><li>Stakeholders </li></ul><ul><li>Strategy </li></ul><ul><li>People </li></ul><ul><li>Process </li></ul><ul><li>Results </li></ul><ul><li>Measure </li></ul>Meets Baldrige Criteria: <ul><li>The Malcom Baldrige award had rewarded companies for excellence in business. Areas they find important are: </li></ul><ul><li>Understanding your stakeholders and their needs. </li></ul><ul><li>Developing your strategy to meet those needs. </li></ul><ul><li>Having people and processes in place to drive results. </li></ul><ul><li>Finally putting measurement systems in place to get the proper feedback. </li></ul>
  4. 4. Stakeholders Needs Strategic Objectives Goals Action Plans Execute Review / Scorecard Closing the Execution Gap <ul><li>Stakeholders </li></ul><ul><li>Strategy </li></ul><ul><li>People </li></ul><ul><li>Process </li></ul><ul><li>Results </li></ul><ul><li>Measure </li></ul>Meets Baldrige Criteria: Similar steps need to take place in the creation and execution of your Strategic Plan.
  5. 5. Stakeholders Needs Strategic Objectives Goals Action Plans Execute Review / Scorecard Focus Align Execute Review Closing the Execution Gap 4-Phases of Implementation: <ul><li>These steps can be grouped in a 4-Phase Implementation process. </li></ul><ul><li>We have found that companies will close the </li></ul><ul><li>Execution Gap if they: </li></ul><ul><li>Focus their strategic objectives around what the stakeholders need </li></ul><ul><li>Align their goals and action plans around what will help them reach those strategic objectives </li></ul><ul><li>Use the Focus&Execute web tool to help employees execute the plan and review regularly </li></ul>
  6. 6. Closing the Execution Gap If you are interested in finding out more about how you can close the Execution Gap and feel confident in your employees helping you reach your goals. Please visit us at: www.strategicplanningforbusiness.com

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