Our 5 steps methodology has been proven successful to optimize strategy execution for mid size companies, and has been used to transparently manage VC and Private Equity company portfolios.
Strategy execution maturity assessment
Current company strategy execution stage versus desired stage
Understand the gap and implement solution
Strategy execution maturity assesment
Strategy optimization / Planning / Review
Current company situation, customer, employee and channel feedback review
Get a 360 view of the real current situation
- DELIVERABLE #1
Facts about current company situation (financial results, resources, current strategy and competitive advantages, gaps, challenges…) For annual planning include review by function and ¨what did we do, did it work, should we do it again?¨
- DELIVERABLE #2
Customer feedback (Feedback about the product/service, why they buy from us and not from others, how do we fit with other soutions, what other solutions they considered, recommendations...)
- DELIVERABLE #3
Channel perspective (why are they interested in having us as part of their offering, feedback from their customers, recommendations...)
- DELIVERABLE #4
Feedback from prospects who did not buy from us (why didn’t they buy from us…)
- DELIVERABLE #5
Employee satisfaction feedback and areas to improve
Translate corporate strategy into clear goals, measurable objectives, relevant functional strategies and specific tactics (GOST)
Translate and rationalize strategy into tangible GOSTs, internal alignment, internal communication, expectations and objectives setting.
GOST Strategy Map
Strategy Execution Deployment
- WHAT #A
Break down GOST into associated projects and programs.
- WHAT #B
Build weekly execution plan by function with clear owners, deliverables, and progress status - rationalization of activities that move the needle.
Translate and rationalize strategy into execution, Internal alignment and communication, resources and effort prioritization (what not to do), clear individual and group contribution toward goals understanding. Balancing workload across the team
Complete Execution Plan
Develop Performance Management System with critical KPIs, targets, and owners and OKR system
Performance management, accountability, rewarding, internal communication, apply corrective actions.
Performance management system