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Expedite Exceptional Execution of
Your Strategic Plan
Training Industry Conference & Expo (TICE)
June 2019
A Strategic Plan Is
A set of priorities that drives leadership to:
focus energy and resources
strengthen operations
ensure that employees and other stakeholders are
working toward common goals
establish agreement around intended outcomes/results
assess and adjust the organization's direction in response
to a changing environment
2Source: https://www.balancedscorecard.org/BSC-Basics/Strategic-Planning-Basics
Raise Your Hand If You
• Are aware that your organization has a
strategic plan
• Have read the strategic plan for your
organization
• Have discussed the strategic plan with your
direct supervisor and/or team
• Understand the strategic plan and how what
you do every day helps to achieve strategic
initiatives
3
4
You are not
alone!
If you didn’t raise your hand at all
or had to put it down for any of those questions
5
At least not according to these statistics…
6
Statistic Sources:
1 https://www.sixdisciplines.com/thesixdisciplinesblog/strategy-execution-the-scary-statistics
2 http://www.org-synergies.com/Strategy%20Execution%20Paper3.pdf
3 https://www.sixdisciplines.com/thesixdisciplinesblog/strategy-execution-the-scary-statistics
85%
of leadership
teams spend LESS
than 1 hour per
month discussing
strategy1 Just 42%
of managers and
27% of staff have
access to the
strategic plan2
95%
of staff do not
understand the
strategy of the
organization3
Communication
Communication May Create…
Alignment: List 1 or 2 examples of when you have
experienced alignment between what leaders SAY is
important and what they DO
7
Misalignment: List 1 or 2 examples of disconnects
between what you hear leaders SAY is important
and what you see or experience that they DO
8
We believe in
respectfully working
together to achieve
goals.
But it’s the raving
lunatics that get
promoted!Alignment
Misalignment
There is Hope!
Aligning efforts towards a
common goal has
positive impact! 9
Especially when it helps
to eliminate
undesirable behaviors!
Alignment Requires Competent Leadership
Leaders focused on alignment:
• Ensure a strong connection among the organization’s
mission and its operational resources
• Fine tune departmental goals and objectives and discover
implementation gaps
• Address issues that may exist around internal efficiencies
and effectiveness
10
Leadership Competencies Bridge the Gap
61% of leaders admit they struggle to bridge the gap between creating the
strategy and implementing it.
In other words, the leadership competencies needed to execute the plan
may be different (and more challenging) than those used to create the
plan.
11Statistic Source: http://www.pmi.org/-/media/pmi/documents/public/pdf/learning/thought-leadership/why-good-strategies-fail-report.pdf
Which Competencies are Needed
to Create the Plan?
12
Assess
• Identify Strategic
Issues
• Complete SWOT
Analysis
• Scan the
Environment
(External /
Internal)
Design
• Determine Unique
Advantage
• Identify Strategies
& Objectives
• Develop Financial
Projections
• Create Vision,
Mission, Values
Build
• Determine
Priorities
• Set Organizational
Goals
• Identify and track
Key Performance
Indicators
• Develop Cascading
Goals (Dept. &
Individual)
• Establish Budget
Which Competencies are Needed
to Execute the Plan?
13
Manage • Communicate the plan
• Allocate appropriate resources
• Eliminate obstacles to achievement
• Review the plan regularly and adapt or update
as needed
• Ensure leaders and staff possess the right
skills and knowledge to implement the plan
Group Discussion
• How are the competencies needed to create a strategic plan
different from those needed to execute and manage the plan?
• How does your current leadership development effort support the
transition from plan creation to plan execution?
• How might you educate your leadership on the need to expedite
execution?
14
15
Need help convincing leaders that leadership
development efforts will help them expedite
execution of their strategic plan?
The Stats are with You
Less than 10% of all
organizations successfully
execute their strategy because
they fail to communicate and
live the strategy.
16
How Strategy is
Created
How Strategy
is Lived
How Strategy is
Communicated
Strategic
Success
Statistic Source: https://www.forbes.com/sites/larrymyler/2012/10/16/strategy-101-its-all-about-alignment/#3a9a9fb128cf
The Stats are with You
17
76% of successful companies focus
on a limited number of strategic
initiatives at a time.
30% of leaders say their single
greatest challenge in executing is
failure to coordinate across
functional units.
Statistic Sources:
Norton, David P. "Strategy Execution, A Competency that Creates Competitive Advantage." Palladium Group Whitepaper (2007): 1-7
https://hbr.org/2015/03/why-strategy-execution-unravelsand-what-to-do-about-it
The Stats are with You
64% of successful companies build
their budget based on the strategy,
not how much they spent last year.
Compensation for 70% of managers
and more than 90% of frontline
staff is not linked to the strategy.
18
Statistic Sources:
Norton, David P. "Strategy Execution, A Competency that Creates Competitive Advantage." Palladium Group Whitepaper (2007): 1-7
https://www.sixdisciplines.com/thesixdisciplinesblog/strategy-execution-the-scary-statistics
Eight Execution Expediters
19
DISCUSS the plan frequently
FOCUS on what’s achievable now
IMPLEMENT the right things
COLLABORATE across functional areas
EDUCATE and build understanding
SHARE widely and transparently
LINK compensation to the plan
BUILD a strategic budget
LACE: Weaving Leadership Competencies
to Plan Execution
•Link
• Budget to strategy (not past performance)
• Compensation to strategy
•Allocate resources
• Strategy vs. operations
• Time, people, $
•Communicate & Collaborate
• Discuss strategy frequently
• Widely share the strategic plan
• Collaborate across functional boundaries
•Educate
20
21
A True Partnership
Our mission is to drive performance in
the learning and development
community by connecting the right
talent with the right opportunity.
• Custom learning solutions
• Staff augmentation
• Employee development
• IT & advanced technologies
22
A distinctive performance improvement
company with a mission to inspire adaptable,
people-driven organizations to succeed in
shifting environments through better thinking.
• Leadership development
• Strategic & cultural alignment
• Change management
• Operational distinction
Potential Leadership Competencies
Needed at Each Phase
23
Assess
•Enhanced communication
•Open-mindedness
•Self-awareness
•Social awareness
•Critical thinking
•Understanding and leveraging
data and statistics
•Financial acumen
•Creative thinking
•Listening skills
•Transparency
•Effective coordination
•Diversity & inclusion
Design
•Assess plus…
•Vision
•Strategic thinking
•Creative thinking / innovation
•Systems thinking
•Collaboration skills
•Decision making
•Team building
•Transparency
•Diplomacy
•Influence
•Conflict management
•Priority setting
•Optimism
Build
•Assess, Design, plus…
•Goal setting
•Financial acumen
•Delegation
•Empowerment
•Humility
•Action-orientation
Manage
•Communications
•Action-oriented
•Conflict management
•Transparency
•Creative thinking
•Influence
•Agility/adaptability
•Enabling and inspiring others
•Commitment & passion
•Accountability
•Failure management
•Resilience
•Persistence
•Problem solving
•Priority management
•Coordination
•Resource allocation
•Realism
•Project management
•CHANGE MANAGEMENT
Potential Leadership Competencies
Needed at Each Phase
24
Assess
Design
Build
Manage

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Expedite Exceptional Execution of Your Strategic Plan

  • 1. Expedite Exceptional Execution of Your Strategic Plan Training Industry Conference & Expo (TICE) June 2019
  • 2. A Strategic Plan Is A set of priorities that drives leadership to: focus energy and resources strengthen operations ensure that employees and other stakeholders are working toward common goals establish agreement around intended outcomes/results assess and adjust the organization's direction in response to a changing environment 2Source: https://www.balancedscorecard.org/BSC-Basics/Strategic-Planning-Basics
  • 3. Raise Your Hand If You • Are aware that your organization has a strategic plan • Have read the strategic plan for your organization • Have discussed the strategic plan with your direct supervisor and/or team • Understand the strategic plan and how what you do every day helps to achieve strategic initiatives 3
  • 4. 4 You are not alone! If you didn’t raise your hand at all or had to put it down for any of those questions
  • 5. 5 At least not according to these statistics…
  • 6. 6 Statistic Sources: 1 https://www.sixdisciplines.com/thesixdisciplinesblog/strategy-execution-the-scary-statistics 2 http://www.org-synergies.com/Strategy%20Execution%20Paper3.pdf 3 https://www.sixdisciplines.com/thesixdisciplinesblog/strategy-execution-the-scary-statistics 85% of leadership teams spend LESS than 1 hour per month discussing strategy1 Just 42% of managers and 27% of staff have access to the strategic plan2 95% of staff do not understand the strategy of the organization3 Communication
  • 7. Communication May Create… Alignment: List 1 or 2 examples of when you have experienced alignment between what leaders SAY is important and what they DO 7 Misalignment: List 1 or 2 examples of disconnects between what you hear leaders SAY is important and what you see or experience that they DO
  • 8. 8 We believe in respectfully working together to achieve goals. But it’s the raving lunatics that get promoted!Alignment Misalignment
  • 9. There is Hope! Aligning efforts towards a common goal has positive impact! 9 Especially when it helps to eliminate undesirable behaviors!
  • 10. Alignment Requires Competent Leadership Leaders focused on alignment: • Ensure a strong connection among the organization’s mission and its operational resources • Fine tune departmental goals and objectives and discover implementation gaps • Address issues that may exist around internal efficiencies and effectiveness 10
  • 11. Leadership Competencies Bridge the Gap 61% of leaders admit they struggle to bridge the gap between creating the strategy and implementing it. In other words, the leadership competencies needed to execute the plan may be different (and more challenging) than those used to create the plan. 11Statistic Source: http://www.pmi.org/-/media/pmi/documents/public/pdf/learning/thought-leadership/why-good-strategies-fail-report.pdf
  • 12. Which Competencies are Needed to Create the Plan? 12 Assess • Identify Strategic Issues • Complete SWOT Analysis • Scan the Environment (External / Internal) Design • Determine Unique Advantage • Identify Strategies & Objectives • Develop Financial Projections • Create Vision, Mission, Values Build • Determine Priorities • Set Organizational Goals • Identify and track Key Performance Indicators • Develop Cascading Goals (Dept. & Individual) • Establish Budget
  • 13. Which Competencies are Needed to Execute the Plan? 13 Manage • Communicate the plan • Allocate appropriate resources • Eliminate obstacles to achievement • Review the plan regularly and adapt or update as needed • Ensure leaders and staff possess the right skills and knowledge to implement the plan
  • 14. Group Discussion • How are the competencies needed to create a strategic plan different from those needed to execute and manage the plan? • How does your current leadership development effort support the transition from plan creation to plan execution? • How might you educate your leadership on the need to expedite execution? 14
  • 15. 15 Need help convincing leaders that leadership development efforts will help them expedite execution of their strategic plan?
  • 16. The Stats are with You Less than 10% of all organizations successfully execute their strategy because they fail to communicate and live the strategy. 16 How Strategy is Created How Strategy is Lived How Strategy is Communicated Strategic Success Statistic Source: https://www.forbes.com/sites/larrymyler/2012/10/16/strategy-101-its-all-about-alignment/#3a9a9fb128cf
  • 17. The Stats are with You 17 76% of successful companies focus on a limited number of strategic initiatives at a time. 30% of leaders say their single greatest challenge in executing is failure to coordinate across functional units. Statistic Sources: Norton, David P. "Strategy Execution, A Competency that Creates Competitive Advantage." Palladium Group Whitepaper (2007): 1-7 https://hbr.org/2015/03/why-strategy-execution-unravelsand-what-to-do-about-it
  • 18. The Stats are with You 64% of successful companies build their budget based on the strategy, not how much they spent last year. Compensation for 70% of managers and more than 90% of frontline staff is not linked to the strategy. 18 Statistic Sources: Norton, David P. "Strategy Execution, A Competency that Creates Competitive Advantage." Palladium Group Whitepaper (2007): 1-7 https://www.sixdisciplines.com/thesixdisciplinesblog/strategy-execution-the-scary-statistics
  • 19. Eight Execution Expediters 19 DISCUSS the plan frequently FOCUS on what’s achievable now IMPLEMENT the right things COLLABORATE across functional areas EDUCATE and build understanding SHARE widely and transparently LINK compensation to the plan BUILD a strategic budget
  • 20. LACE: Weaving Leadership Competencies to Plan Execution •Link • Budget to strategy (not past performance) • Compensation to strategy •Allocate resources • Strategy vs. operations • Time, people, $ •Communicate & Collaborate • Discuss strategy frequently • Widely share the strategic plan • Collaborate across functional boundaries •Educate 20
  • 21. 21
  • 22. A True Partnership Our mission is to drive performance in the learning and development community by connecting the right talent with the right opportunity. • Custom learning solutions • Staff augmentation • Employee development • IT & advanced technologies 22 A distinctive performance improvement company with a mission to inspire adaptable, people-driven organizations to succeed in shifting environments through better thinking. • Leadership development • Strategic & cultural alignment • Change management • Operational distinction
  • 23. Potential Leadership Competencies Needed at Each Phase 23 Assess •Enhanced communication •Open-mindedness •Self-awareness •Social awareness •Critical thinking •Understanding and leveraging data and statistics •Financial acumen •Creative thinking •Listening skills •Transparency •Effective coordination •Diversity & inclusion Design •Assess plus… •Vision •Strategic thinking •Creative thinking / innovation •Systems thinking •Collaboration skills •Decision making •Team building •Transparency •Diplomacy •Influence •Conflict management •Priority setting •Optimism Build •Assess, Design, plus… •Goal setting •Financial acumen •Delegation •Empowerment •Humility •Action-orientation Manage •Communications •Action-oriented •Conflict management •Transparency •Creative thinking •Influence •Agility/adaptability •Enabling and inspiring others •Commitment & passion •Accountability •Failure management •Resilience •Persistence •Problem solving •Priority management •Coordination •Resource allocation •Realism •Project management •CHANGE MANAGEMENT
  • 24. Potential Leadership Competencies Needed at Each Phase 24 Assess Design Build Manage