Your next competitive advantage?




       Senior Executive Programme
            Jeroen De Flander
          London, 28 June 2011
What are the key points about Strategy
  Execution that have been made in
      this executive programme?


                           โ€œHowever beautiful the strategy,
                you should occasionally look at the resultsโ€
                                         - Sir Winston Churchill
1. Strategy: who, what, how + CHOICES
2. Strategy implementation: create an organisational
   environment that FITS with the strategy and drives
   individual behaviour
  โ€“   Structure & Processes
  โ€“   Culture & values
  โ€“   People
  โ€“   Measurements & incentives
3. Sell your strategy: knowledge is not enough
What are the Strategy Execution
challenges that you were faced with
            in the past?


                        โ€œHowever beautiful the strategy,
             you should occasionally look at the resultsโ€
                                      - Sir Winston Churchill
Skilled Managers

Engaged People &
Performance-Driven Culture

Strategy Focus


Individual Objective Setting


Support for Managers


Performance-Related Pay


Strategy Communication


Initiative Management

Extract from the Strategy Execution Barometer
Back-up slides




      โ€œDonโ€™t measure performance by what you
     have accomplished, but by what you should
     have accomplished within your capabilities.โ€
What are the capabilities you need to
     excel at strategy execution?



                 โ€œDonโ€™t measure performance by what you
                have accomplished, but by what you should
                have accomplished within your capabilities.โ€
Donโ€™t limit discussion to CHOICE, focus the energy of the
debate on the underlying hypothesis
                     Hypothesis

                        CHOICE
HOW?
โ€œA strategy Execution framework
should be simple, easy-to-communicate
and visually strongโ€
1 hour every quarter in a company with 1000 employees
                            =
               2.6 full time equivalents !



     โ€œAny intelligent fool can make things bigger and more complex.
               It takes a touch of genius โ€“ and a lot of courage โ€“ to
                                      move in the opposite directionโ€
                                                        - Albert Einstein
1 Define what you need and how you are going to get it
                    3 Design world-class learning interventions
                                       5 Set development objectives


   1         2          3         4        5         6




                                                 6 Measure success
                              4 Execute flawlessly
          2 Manage your development portfolio

                                                                  13
How to increase the sell-ability of your
               strategy?



                   โ€œDonโ€™t measure performance by what you
                  have accomplished, but by what you should
                  have accomplished within your capabilities.โ€
The sender


The message


The receiver

         โ€œWhen you are tired of the strategy story, you have
             probably reached 3% of the target populationโ€
Your strategy   .. you told someone .. who told someone .. who told someone
_ Who needs to know what?
_ How are we going to make the knowledge available?
_ The platform


_ What are the best learning methods?
_ How can we motivate people to learn?
_ Connectivity, Awareness & Responsibility


_ Manage the time lag between learning and doing
... a visual
โ€ฆ a compelling business case that creates enthusiasm and inspires
    people
โ€ฆ a simple storyline so itโ€™s easy for employees to pick it up and
    repeat the story vividly at the kitchen table
โ€ฆ consistency. Stick to the message and make sure others do too
โ€ฆ to be easy to relate to. People need to see how they fit in
โ€ฆ great communication skills to get the strategy into the heads,
    hands and harts of the employees
โ€ฆ a heavy investment in awareness creation
โ€ฆ role models
AWARENESS
              +
RESPONSIBILITY
โ€œCoaching is unlocking a personโ€™s potential to maximise
     their own performance. Itโ€™s helping them to learn
                            rather than teaching them.
                                             - Tim Gallwey
When your employee says โ€˜yesโ€™ to the strategy....
                      ....what does (s)he really say?

                 I will make the strategy happen, no matter what
                                          or
               I will work hard (effort ) to implement the strategy
                                          or
  I see the benefits of the strategy and will contribute to the implementation
                                          or
             I donโ€™t see the benefits but donโ€™t want to loose my job
                                          or
Iโ€™m against the strategy, donโ€™t want to implement but I donโ€™t tell it in your face
Individual objective setting is not about the
     SMART technique, itโ€™s about creating
   emotional commitment to the strategy
   and answering the โ€œWhatโ€™s in it for meโ€
                   question?
Coaching - the 7 maturity stages

                          Coaching is โ€˜how we do businessโ€™ with all our stakeholders 7

Coaching is the predominant style of managing throughout the organisation 6

 Coaching is embedded in the HR and performance management processes 5

          Coaching is a norm for individuals, teams and the whole organisation 4

                              The organisation actively supports coaching endeavours 3
            The organisation develops its own coaching and mentoring capacity 2

                      The organisation employs coaches for some of its executives 1


Adapted from Peter Hawkins and Nick Smith
PowerPoint fanatic                        From PowerPoint to practice

Do as I say, not as I do                  Actions speak louder than words

We need to start from scratch             Letโ€™s see what works

Iโ€™m too important to focus on execution   Execution is my priority
Your next competitive advantage?

London Business School - senior executive programme

  • 1.
    Your next competitiveadvantage? Senior Executive Programme Jeroen De Flander London, 28 June 2011
  • 2.
    What are thekey points about Strategy Execution that have been made in this executive programme? โ€œHowever beautiful the strategy, you should occasionally look at the resultsโ€ - Sir Winston Churchill
  • 3.
    1. Strategy: who,what, how + CHOICES 2. Strategy implementation: create an organisational environment that FITS with the strategy and drives individual behaviour โ€“ Structure & Processes โ€“ Culture & values โ€“ People โ€“ Measurements & incentives 3. Sell your strategy: knowledge is not enough
  • 4.
    What are theStrategy Execution challenges that you were faced with in the past? โ€œHowever beautiful the strategy, you should occasionally look at the resultsโ€ - Sir Winston Churchill
  • 5.
    Skilled Managers Engaged People& Performance-Driven Culture Strategy Focus Individual Objective Setting Support for Managers Performance-Related Pay Strategy Communication Initiative Management Extract from the Strategy Execution Barometer
  • 6.
    Back-up slides โ€œDonโ€™t measure performance by what you have accomplished, but by what you should have accomplished within your capabilities.โ€
  • 8.
    What are thecapabilities you need to excel at strategy execution? โ€œDonโ€™t measure performance by what you have accomplished, but by what you should have accomplished within your capabilities.โ€
  • 9.
    Donโ€™t limit discussionto CHOICE, focus the energy of the debate on the underlying hypothesis Hypothesis CHOICE HOW?
  • 11.
    โ€œA strategy Executionframework should be simple, easy-to-communicate and visually strongโ€
  • 12.
    1 hour everyquarter in a company with 1000 employees = 2.6 full time equivalents ! โ€œAny intelligent fool can make things bigger and more complex. It takes a touch of genius โ€“ and a lot of courage โ€“ to move in the opposite directionโ€ - Albert Einstein
  • 13.
    1 Define whatyou need and how you are going to get it 3 Design world-class learning interventions 5 Set development objectives 1 2 3 4 5 6 6 Measure success 4 Execute flawlessly 2 Manage your development portfolio 13
  • 15.
    How to increasethe sell-ability of your strategy? โ€œDonโ€™t measure performance by what you have accomplished, but by what you should have accomplished within your capabilities.โ€
  • 16.
    The sender The message Thereceiver โ€œWhen you are tired of the strategy story, you have probably reached 3% of the target populationโ€
  • 17.
    Your strategy .. you told someone .. who told someone .. who told someone
  • 18.
    _ Who needsto know what? _ How are we going to make the knowledge available? _ The platform _ What are the best learning methods? _ How can we motivate people to learn? _ Connectivity, Awareness & Responsibility _ Manage the time lag between learning and doing
  • 19.
    ... a visual โ€ฆa compelling business case that creates enthusiasm and inspires people โ€ฆ a simple storyline so itโ€™s easy for employees to pick it up and repeat the story vividly at the kitchen table โ€ฆ consistency. Stick to the message and make sure others do too โ€ฆ to be easy to relate to. People need to see how they fit in โ€ฆ great communication skills to get the strategy into the heads, hands and harts of the employees โ€ฆ a heavy investment in awareness creation โ€ฆ role models
  • 20.
    AWARENESS + RESPONSIBILITY โ€œCoaching is unlocking a personโ€™s potential to maximise their own performance. Itโ€™s helping them to learn rather than teaching them. - Tim Gallwey
  • 21.
    When your employeesays โ€˜yesโ€™ to the strategy.... ....what does (s)he really say? I will make the strategy happen, no matter what or I will work hard (effort ) to implement the strategy or I see the benefits of the strategy and will contribute to the implementation or I donโ€™t see the benefits but donโ€™t want to loose my job or Iโ€™m against the strategy, donโ€™t want to implement but I donโ€™t tell it in your face
  • 22.
    Individual objective settingis not about the SMART technique, itโ€™s about creating emotional commitment to the strategy and answering the โ€œWhatโ€™s in it for meโ€ question?
  • 23.
    Coaching - the7 maturity stages Coaching is โ€˜how we do businessโ€™ with all our stakeholders 7 Coaching is the predominant style of managing throughout the organisation 6 Coaching is embedded in the HR and performance management processes 5 Coaching is a norm for individuals, teams and the whole organisation 4 The organisation actively supports coaching endeavours 3 The organisation develops its own coaching and mentoring capacity 2 The organisation employs coaches for some of its executives 1 Adapted from Peter Hawkins and Nick Smith
  • 24.
    PowerPoint fanatic From PowerPoint to practice Do as I say, not as I do Actions speak louder than words We need to start from scratch Letโ€™s see what works Iโ€™m too important to focus on execution Execution is my priority
  • 25.