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Leadership Insights for Business Success |
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Setting the Table for Strategy Conversations |
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Thinking about a strategy refresh for your organization? Set the table with these six key steps to strengthen alignment and improve outcomes in terms of commitment and execution.
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Many people are motived to change something in their lives, or even about themselves, as the new year takes hold. That goes for senior leaders who see opportunities to provide additional momentum to their company’s priorities by leveraging this prevailing mindset. Unfortunately, using that leverage often proves to be uninformed and even misdirected.
Earlier this week, I spoke with a leader about her desire for some “polishing” of the company’s strategy. “Good timing,” she quipped, “everyone seems to have a slightly bigger appetite for change.” When asked about her requirements, she responded in a very familiar way: “I’m thinking a day with the leadership team should do the job. We’re already really clear on our way forward and key priorities.”
Alarm bells often go off when I hear “we’re really clear” from the top leader referring to their team’s alignment around direction and priorities. My experience says otherwise; what’s thought to be collectively understood often has....... (cont'd) |
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Around The Web: Noteworthy News & Research
Don't Mistake Execution for Strategy
Company leaders often confuse a strategy’s design with its execution. Recognizing the difference between these two can have a major and positive impact on your organization’s performance. The reason executive teams struggle with strategy design is that they don’t adopt organization-level thinking at the start. They rush to execution at a strategy retreat, because they invariably arrive ready to address what they need to do.
Read full article »
The Elements of Good Judgement
Once the facts have been assembled, and the arguments for and against the options spelled out, people around the table turn to the CEO for a decision. But in many cases, no clear evidence supports any one particular option. What they’re looking for is good judgment - an interpretation of the evidence that points to the right choice. This article identifies critical practices and skills senior leaders can cultivate, and relationships they can build, to better inform the judgments they make.
Read full article » |
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Victoria, BC, Canada V8P 2L5
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