Execute Your Strategy Before It Executes You

Post on 25-Dec-2014

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description

Presentation slides for the 3/25/11 BACN meeting by Emergent Horizon principals Michael North and Volker Frank

Transcript of Execute Your Strategy Before It Executes You

execute your strategy before it executes you

Transform Strategic Planning into Strategic Action

goals of the presentation

•   Understand the path from idea to execution

•   Match your client’s desires with your company’s strengths

•   Learn about the balancing act that builds momentum

exercise

•   What is on your to-do list?

•   Make notes on the handout

the 4 step sequence

Client’s  Desires   Company’s  Strengths  

balancing act

Upside  

•   Simple,  simplify  

•   Quick  to  act  and  decide  •   Out-­‐Of-­‐The-­‐Box  solu;ons  

Upside  

•   More  op;ons  

•   Flexible,  adaptable  •   Custom  solu;ons  

Downside  

•   Failure  because  of  rigidity  

•   Simplis;c,  narrow  minded  •   Misses  the  mark  

Downside  

•   ScaCered    

•   LiCle  gets  completed  •   Too  complicated,  requires  

exper;se  

Focus   Possibili<es  Focus  into  Ac;on  

+  

-­‐  

moving out of stuckness

Priori<ze  

Simplify  

Brainstorm  

Add  Complexity  

More  Focus   More  Possibili<es  

moving out of stuckness

Priori<ze  

•   Force  rank  items  

•   Get  feedback  •   Work  with  end  in  mind  

Simplify  

•   Test  –  do  something  

•   Create  systems  

•   What’s  the  simplest  scenario  

Brainstorm  

•   Higher  level  inten;ons  

•   Surface  assump;ons  •   Use  Post-­‐It  notes  

Add  Complexity  

•   Handle  more  excep;ons  

•   Elaborate  systems  

•   Look  for  subtle;es  

More  Focus   More  Possibili<es  

1 – initialize and start

•   Ask yourself……

–   Am I too focused on the premise of one idea? •   I dismiss thoughts because I can’t make it work… •   Step back and question assumptions

–   Am I too open to possible ideas? •   I am pulled in many directions and overwhelmed… •   Which idea has the most value for my clients with

the least effort/risk?

2 – explore and develop

•   Ask yourself……

–   Am I too focused on one option? •   I am willing to shoot from the hip… •   What are the possible consequences – good and

bad?

–   Am I considering too many options? •   I am in analysis paralysis… •   Do the risks justify the effort?

3 – decide and act

•   Ask yourself……

–   Am I too focused on one solution? •   I can’t decide - I need to know the outcome… •   Test a few solutions and be prepared to learn

–   Am I considering too many solutions? •   I am so busy I can’t evaluate what works best… •   Hit “Pause” – where is the best feedback? •   Which one gets me to market the quickest?

4 – maintain and sustain

•   Ask yourself……

–   Am I too generic in my approach? •   My clients complain about being boxed in… •   What are the patterns in the exceptions?

–   Am I supporting too many solutions? •   Everything I do is a custom service… •   Which aspect is commonly shared? •   What can I train somebody else to do?

summary

•   An idea moves through 4 steps from initiation to action. Value (The Money) is in Step 4.

•   Don’t forget your clients…

•   Balance Focus and Possibilities to maintain momentum.

final note

•   This material is part of our larger consulting engagements –   We work with small and medium-sized companies –   Align teams

•   Emergent Strategies: a 2-day course at UC Berkeley Extension

•   Do you belong to a group that would find this presentation useful

contact us

Michael North: Michael@EmergentHorizon.com

925-236-2296

Volker Frank: Volker@EmergentHorizon.com 510-517-7232

http://www.EmergentHorizon.com