Successful strategic execution is rooted in your organization’s rigor and dedication to the process. Great plans fail to achieve the results they outline if you don’t have the people, process, and tools for execution.
A client of ours in the construction industry continues to see results from the planning and execution process. They have a great plan in place (which is foundational in strategic success), but the real reason they’re seeing results is their dedication to the process. Here’s why:
- They’re running strategy reviews monthly – We’ve been singing this song and dance for years, but success in strategy hinges on your ability to see how you’re doing, what’s working, and what’s not. Monthly reviews represent the ideal state of execution because you can react quickly to issues as they arise and have true agility in your business.
- They’re leveraging the tools in their toolbox – Whether it’s their performance reports, historical performance data, or our visual performance dashboard, they know what’s in their toolbox and when it’s most useful to their organization.
- The dedication to the process is keeping everyone accountable – The monthly cadence and set expectations have made strategy a clear priority. With such an organization-wide focus on the planning and execution process, strategy has become part of the job title. It’s not just an “extra task.”
The takeaway? You can only pave the road to success if you have the right people, tools, and plans in place.