Strategy Execution Consulting
Strategy Execution Consulting

Strategy Execution Consulting

90% of companies don’t effectively implement their corporate strategies. Effective Strategy Execution requires various components and mechanisms that constantly remind all stakeholders that they need to use the business strategy as the litmus test for everything they do. It also requires the use of tools that measure strategic execution performance. Stakeholders tend to get so caught up in the day to day noise and strategy becomes something “we did 6 months ago”.  Group50’s strategy execution process insures this doesn’t happen.Corporate Strategy Execution Consulting Company

Strategy Execution

Strategy execution is about the implementation of a company’s strategy. As we work on projects with our clients, we  use the “Where To Play”, “How To Win” strategic planning methodology and rigorously test our activities against the Business Hierarchy of Needs® developed by Group50 and applicable to any organization, industry or group.  Effective strategy execution requires the following 6 things:
  • Clearly defined strategies
  • A complete understanding of the company’s strategic and operating gaps
  • Clearly defined roadmap(s) for programs and projects that deal with identified gaps
  • Alignment of all stakeholders (BOD, C-level, employees, contractors, vendors) to their role in executing the company’s strategy
  • A well-defined Change Management Plan
  • Strategic execution process that is supported by the appropriate tools and methodologies
 
We have various tools we apply to working with our clients in the execution of their strategy.  We use different cloud-based tools within our strategic execution practice. The latest addition to our toolkit is StrategyWorks, a powerful, easy to use platform that links business objectives to execution plans and provides live personalized views of execution to all stakeholders across the organization: 24/7. It is especially powerful in managing post merger integrations.  We also have over 50 tools that are part of our Company Physical® including assessments that are designed to identify strategic and operational gaps throughout the company and workshops that are designed to engage process owners and functional leaders in the development of roadmaps that address identified gaps.
 
During a company’s business lifecycle, it will need to address the following strategic execution needs:
Every company MUST do strategic planning and Group50’s tools ensure that strategy execution is effective. For those special cases such as cost takeout, business transformation, etc. our consultants have tools that are just as robust and you can learn more about them from the links above.  You can also learn more about our thinking following strategic blogs and for those who want to learn more about the implications of poor strategic execution, read our blog series on Anti-Strategy
 
You can contact a Group50 strategic planning and execution expert at (909) 949-9083, send an email to info@group50.com or request more information here.

Strategy Execution Consulting

Strategic Executions Articles

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