Are you ready to turn your strategic plans into reality? The key lies in effective strategy implementation. In this blog, we explore the essential elements that contribute to successful strategy implementation. From creating a clear roadmap to fostering a culture of accountability, we provide practical insights and tips to help you navigate the challenges and achieve your strategic goals.
TL:DR: In order to successfully implement your strategy, you need to be accomplishing the various outcomes within your strategic plan, the right projects that will drive those goals and objectives forward, and (most importantly) you need to have built the capacity within your team to identify what those needs are, and collaborate to get them done.
I've been leading strategic planning sessions for a while, having helped hundreds of teams set up their strategy implementation process. You'd be amazed (or not) at how many people want to get into doing the work, without thinking of the outcomes they are trying to get, or the strategy (choices they need to make) to get there.
Not all actions are created equal and not all results are created equal. I can't stress enough how important it is for you to create a strategic implementation plan (12-month implementation calendar, for example) AFTER you've gotten your team aligned on a clear strategic direction and plan.
I believe there are several key ingredients to a successful strategy implementation that you as a CEO or senior manager needs to make sure exist within your team and within your organization. Here they are:
This reduces your overall capacity and effectiveness, creates frustration, and erodes trust in the team. It's also the catalyst for major road blocks, because most teams are ready and willing to confront their lack of alignment. That's because its easier to keep doing their own thing than to have fundamental conversations on if they are doing the right thing.
So help them do that work by building in stage gates and communication structures to support them in getting their projects over the line. High performing people, love performing highly. And they get things done because they have deadliness. Provide them a structure for accountability that supports both them and the team, and you'll be in a much better place for your strategy implementation.
Why do I say that? Because every strategic plan I see has strategic priorities that overlap and that require communication and collaboration across functions and departments to accomplish them successfully.
Collaboration within your plan, whether that's communication within the strategic plan, collaborating for deliverable work, or thought leadership for the needs/wants and priorities within each area is a requirement for a successful implementation process.
Your plan might look like there's a bunch of tasks and projects that need to get done, but if part of your PLANNING doesn't include HOW you're going to collaborate, support each other, communicate on a regular basis and across the organization, you're going to struggle getting the strategic plan across the line.
"It's not that tasks and projects aren't part of the strategy implementation, but communication/collaboration is a foundation to getting those tasks done. So build the communication and collaboration plans as part of your strategy implementation process"
In fact, when McKinsey did a study in 2011 about traits that align with strong strategy execution. 'Decision rights' was the number two most important factor (behind information flow).
As part of your strategy implementation process it's critical that you have a list of accountability, roles and responsibilities throughout your strategic plan and throughout project groups so that there's no misunderstanding as to who is doing what and by when.
When we work with clients on their strategic priorities, we recommend that each priority area has an individual champion for where the buck stops. This not only supports greater collaboration because everyone knows who to go to for communication, but also supports the strategy implementation when it comes to having an owner of the success of each priority.
One principle of strategy implementation assumes that you are going to be in a tornado of work with all the operational tasks your team will have beyond your strategic plan and overall strategy implementation program.
I've had one of our clients call it 'The Tyranny of the Urgent'.
As a leader of an organization, it should be obvious that you have the organization's best outcome and goals in mind at all times. Why is it then that teams and leaders prioritize what's right in front of them (putting out fires) versus working on the systems to prevent those fires from happening in the first place?
There's a few reasons:
Humans have a couple default psychological settings that guide our behaviour:
Strategy implementation naturally challenges all of those desires. You have to think long term, you might not do the right thing, and you're likely to fail because it's new. And then add the fact that the environment around you is probably not set up for you to win either. You don't have enough time, money, or focus because they are being prioritized in other places.
As you build your strategic implementation process for your team and create the conditions for your strategic plan to be implemented successfully, keep these key questions in mind:
Implementing a strategic plan successfully is not complicated, but like all great recipes, it requires a couple fundamental ingredients:
Develop a system to integrate all of the above within your strategy implementation process so that it's complementing the operations work you're already doing.
Related Content:
Improve Strategy Implementation with our 7 Best Practices for Action Planning
Strategic Problems and how to address them
If you don't have answers to the above, reach out to our team to discuss your strategy implementation process and some options we can put in place to help you accomplish your biggest goals.
Our implementation programs include monthly and quarterly strategy meetings, coaching for your leadership team, and training workshops to elevate your capacity and help you implement your strategy successfully.