KnowledgeCity

Strategic Execution for Managers

The best strategy in the world is useless unless it is executed properly
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Course: On-Demand
Intermediate  Provider Todd Wieland  4 chapters ·  15 Lessons ·  25m  in Arabic, German, English, Spanish, French, Portuguese, Chinese Simplified 

What You'll Learn

  • Understand what strategic execution is and how it can transform your organization
  • Apply the 5 W's of strategic planning to implement your plan
  • Develop a strategic plan consistent with your company's mission and vision
  • Bridge your strategy to execution and anticipate the obstacles to expect
  • Identify and avoid common strategic execution errors and implementation failures
  • Apply the principles that help your organization embrace change

Key Takeaways

  • The course states that 60% of strategic plans are not successfully executed, making how a plan is executed as important as the plan itself.
  • Strategies handed down from top management may not always be effective.
  • Emphasizing how your company differs from the competition is an important element of strategy.
  • Avoiding pitfalls such as expecting too much too soon and sending the wrong signals helps prevent implementation failure.
  • Leadership plays a defined role in strategic execution and in meeting the culture challenge.

Frequently Asked Questions

Who is this course for?

It is designed for managers and business leaders who value the elements of strategy and want to focus on strategic planning and the execution of their plan.

What will I learn in this course?

You'll learn how to develop a strategic plan, how to implement it using the 5 W's of strategic planning, how to avoid strategic execution errors, how to write a good strategy, and how your organization can embrace change.

What skills does this course build?

It builds skills in plan execution, strategic planning, organizational strategy, strategic management, and strategy execution at the strategic management professional level.

Does the course cover how to avoid strategy implementation failure?

Yes. It includes tips to avoid implementation failure, covering issues such as expecting too much too soon and sending the wrong signals, as well as tips to avoid strategic execution errors.

What topics are covered in the lessons?

Lessons include the Five Ws of great strategy, the leader's role in strategic execution, the great culture challenge, the value of tiny adjustments, and tips to avoid both implementation failure and strategic execution errors.