How to Plan and Execute Strategy: How To Implement Any Corporate Strategy Successfully
- Appreciate the benefits of strategic management
- Understand the logic of the process
- Assess your readiness
- Planning to plan and getting organized
- Define your businesses
- Assess your current situation
- Understand your business model
- Know your market
- Assess the competitive landscape and forces of change
- Understand your opportunities and threats
- Set feasible goals and objectives
- Create the strategies to achieve your objectives
- Identify and set priorities for the strategic initiatives
- Write your business plan
- Write your annual plan
- Get the right people
- Communicate the strategy and obtain commitment
- Establish alignment with structure, systems, and culture
- Integrate across functions
- Execute your strategy with discipline
- Monitor results, evaluate, and react
- Learn, change, and institutionalize
Sounds so ....simple, eh? Why then....is it so hard?
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