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Strategic Plan Execution

https://www.awesomejourney.ca/strategic-plan-execution/

This month we are focusing on Strategic Execution and what it takes to be successful at executing a strategic plan.

Why it Matters

Some recent findings show that 70% of well-formulated strategies fail due to poor execution!

Companies tend to spend more time planning and building the plan rather than implementing and executing the strategy and, more specifically, don’t plan and design the proper conversations needed for success.

Leadership Strategy

Take the time to plan your team’s communication and engagement around your strategy.

Four intentional conversations that your leaders need to be having to ensure the organization’s strategic plan is being executed per defined timelines:

  1. Clarity of specific actions and next steps
  2. Follow-up and accountability for these actions
  3. Acknowledgement of success in completing the actions
  4. Space to deal with breakdowns and struggles completing the actions

Leadership Challenge

In your “Strategic Think Time” this week, reflect on which of the four conversations are happening by your team and which ones need to be upgraded to support the execution of the organization’s Strategic Plan. 

Awesome Watch (7 min)

The Strategy Implementation Challenge

Have an Awesome Month Leading with Impact!

The Importance of Leaders Creating Time Weekly for “Strategic Thinking Time”

https://www.awesomejourney.ca/the-importance-of-leaders-creating-time-weekly-for-strategic-thinking-time/

This month we are focusing on Strategic Design by creating time in your schedule for Strategic Thinking.

Why it Matters

As leaders we create our future, we do not predict our future. Therefore, if you are not intentional about creating time for strategic thinking your future will be the same as the past.

Leadership Strategy

Successful Leaders start by planning their time for strategic thinking. At Awesome Journey we call this “Strategic Thinking Time”, time for reviewing data, time for research, time for thinking about how to connect what appear as unconnected opportunities. It is also a time to challenge your thinking by being in conversations with others who can ask you thoughtful questions to poke at your thinking.

Leadership Challenge

Take some time and answer the following questions:

  1. How much time are you spending on day-to-day operational issues vs time for longer-term strategic thinking and planning?
  2. Are your decision-making efforts on short-term issues or on long-term strategies?
  3. Who are you involving in your strategic thinking conversations?
  4. Is your strategic thinking time focused on rigorous analysis or on hunches & gut feel?
  5. Who are your thought leaders you learn from to cultivate your strategic thinking?

Awesome Read:  Six Essential Skills of Strategic Thinking

https://hbr.org/2013/01/strategic-leadership-the-esssential-skills

Have an Awesome Month Leading with Impact!

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