Enterprise Strategy:

Strategy Management

Strategy Implementation

The Way Organizations Change To Develop Capabilities Needed To Better Implement Strategy

Vadim Kotelnikov personal logo Vadim Kotelnikov

Founder, Ten3 Business e-Coach Inspiration and Innovation Unlimited!

 

 

 

"The vision must be followed by the venture. It is not enough to stare up the steps we must step up the stairs." ~ Vance Havner

 

Strategy Implementation:

Proven vs. Experimental Business3

  • For a proven business, strategy implementation is about performing at or above known standards.

  • For an experimental business, strategy implementation is about zeroing in on the best possible strategy. And in the process, discovering what standards are possible.

Blue Ocean vs. Red Ocean Strategy

3 Strategies of Market Leaders

Surprise To Win: 3 Strategies

Some Factors Impeding Strategy Implementation

Key Elements of Strategic Thinking

  • Implementable: strategic thinking must help turn the very difficult into the easier and into the feasible... More

Jack Welch's 5 Strategic Questions

 

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Strategic Management

Impediments To Strategy Implementation

Strategic Leadership

Strategic Thinking

The Strategist's 15 Rules

Strategic Achievement

Strategic Motivation

Strategic Intent

25 Lessons from Jack Welch: Stretch

Strategic Motivation System

Strategy Innovation

Learning SWOT Questions

Dynamic Strategy

STRATEGIC MANAGEMENT (Ten3 Mini-course)

Why Strategy Implementation Is So Difficult

Strategy implementation skills are not easily mastered, unfortunately. In fact, virtually all managers find implementation the most difficult aspect of their jobs more difficult than strategic analysis or strategy formulation. U.S. managers spend more than $10 billion annually on strategic analysis and strategy formulation. Managers themselves report that less than half the plans resulting from these efforts are ever implemented. Outside observers put the success rate even lower: less than 10%.1

Strategies that are not implemented constitute little more than academic exercises. The ability to implement strategies is one of the most valuable of all managerial skills. Managers intent on implementing strategy must:

  1. master systems thinking to be able to coordinate a broad range of interconnected efforts aimed at transforming intentions into action, and

  2. take care of the factors impeding strategy implementation.

Strategic Motivation

Without strategic motivation, without the organization's enthusiastic involvement and participation of inspired employees, it is impossible to implement any strategic plan... More

Strategic Cross-Functional Management

6Ws of Corporate Growth

Systemic Innovation: 7 Areas

Strategic cross-functional management is central to capitalizing on functional excellence, and in order for functional specialists to make the greatest possible contribution, they must take a broader view of their functions and understand how they fit into the web of the organizational processes and, ultimately, into the overall strategy... More

Strategy Innovation

Never is strategy implementation more important than when innovation: is at the heart of a strategy. When it comes to innovation, execution is not about fulfilling the script. It is about constantly rewriting it. Innovation always involves treading into uncertain waters. And as uncertainty rises, the value of a well-thought-out, but static, enterprise strategy drops. In fact, when pursuing entirely new business models, no amount of research can resolve the critical unknowns. All that strategy can do is give you a good starting point. From there, you must experiment, learn, and adapt.3... More

 

References:

  1. Strategic Management, Third Edition, Alex Miller

  2. Modern Management, Ninth Edition, Samuel C. Certo

  3. Strategy, Execution, Innovation, Vijay Govindarajan and Chris Trimble

  4. The Global Emerging Market, Vladimir Kvint