A model outlining components of successful project and strategy implementation. For a free execution capability assessment, go to http://www.partneringresources.com/articles/Tool_Execution_Capability_Assessment.aspx

1. Indicators: Good Data
• Important information about
DRAFT
competitive environment gets to HQ
quickly.
Components of Successful Execution
• Information flows freely across
boundaries. Indicators: Strategic Clarity
Indicators: Strategic Clarity
• Field and line employees usually • Strategies are achieved
have info needed to understand through defined and tracked
bottom‐line impact of day‐to‐day initiatives.
choices. • Success is clearly defined and
• Managers have access to metrics communicated.
needed to measure the key drivers
needed to measure the key drivers • Metrics measure progress
p g
of their business. Good Data Strategic Clarity and achievement.
• Tactics are shifted to adapt to
•Relevant data •Long‐term objectives & short‐
market and industry flux and
•Knowledge sharing & term goals
collaboration •Implementation roadmap
opportunity.
•Early warning signals •Strategic stability & tactical
agility
•Success measures
Indicators: Change
Management
• Stakeholders are identified
Leadership
and engaged.
Change • Clarity Right Resources Indicators: Right Resources
• Stakeholders have incentives Management • Accountability •Knowledge, skills, & abilities • Everyone has a good idea of
for changing behavior. •MMessages •Time allocation & the decisions and actions for
•Stakeholder engagement • Support
• Plans are made to bridge the performance incentives which he or she is responsible.
•Transition management
gap between current and •Roles, responsibilities, & • Once made, decisions are
•Incentives for behavior & decision rights
future state. achievement rarely second‐guessed.
• Decisions are made at the
lowest appropriate level.
Project Structure
Project Structure • The implementation team has
The implementation team has
necessary KSAs.
•Project reviews & status • Individual expectations are
reports
clearly defined.
Indicators: Project Structure •Process
• People’s time is allocated to
• Projects are managed using a the project.
standard methodology.
• Templates are available to avoid
reinventing the wheel.
• Regular, data‐based project
reviews are conducted.
References include: Secrets to Successful Execution (2008, HBR), Turning Great Strategy into Great Performance (2007, HBR), Execution (2002), and other sources.