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Strategy Execution

Introduction

Research suggests that 67% of companies report that they consistently fail to deliver all their expectations from their strategic plan. Why is this? There may be many causes for this failure including unexpected and catastrophic events, such as the pandemic, activities of competitors, or the changing expectations of customers but evidence suggests that the major cause is a failure to execute.


Failure to execute suggests that even when senior executives have a clear vision and comprehensive strategic plan to deliver breakthrough improvements in their organisation – meaning they understand what needs to be done – when it comes to actually making it happen, when the rubber hits the road, it fails to get traction.

Many organisations admit that they do not have a structured process for developing and deploying strategy and, as a result, their approach is ad hoc meaning any success they achieve is purely by luck. Counting on good luck is no way to run a business.


Aims

During this Strategy Execution Programme, we aim to provide you with the insights, methodologies, tools and techniques to bridge the gap between strategy development and strategy execution. As a result, following this course, you should be able to build the internal capability needed to continue implementing strategy successfully in the future.


Objectives

By the end of programme, delegates will be able to:

1. Describe the key components of a strategy management system, and the methodologies, tools and techniques needed to successfully implement strategy and support execution.

2. Outline the importance of having a management process that is soundly based and aligns the whole organisation to execute the strategy.

3. Identify the infrastructure requirements and the role of functions in supporting execution of the strategy.

4. Explain the critical role of leadership, teamwork and change management systems in the execution of strategy.

5. Describe how to make strategy execution explicit, measurable, widely communicated and owned.

6. Identify how organisational culture might be a barrier to success and describe approaches for effecting culture change.

7. Demonstrate an ability to develop an execution roadmap for your own organisation.


Methods

It is our intention to give you an opportunity to understand the nature and practice of strategy execution. In order to do so we will present you with a range of learning experiences including presentations, case studies, and exercises.


Duration: 5 Days


Who it’s for

This course is appropriate for anyone who is involved in implementing and/or executing organisational strategy in all sectors of the economy. It will be particularly relevant for key leaders and managers charged with execution and especially for those who have experienced challenges in executing strategy in the past.

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