Sep 17, 2018

Strategic Traction

0 comments

Edited: Oct 10, 2018

Every company needs a strategy to articulate how it will manifest itself in the future. Captured in lengthy slide decks, many companies struggle to create sufficient strategic traction. Crossing the gap between strategic intent and tangible results requires meticulous and coordinated execution. This is where the systematic approach of Strategy Deployment plays a critical role. Based on the scientific method, Strategy Deployment is a powerful management process that allows all levels of management to harness the collective genius of the organization towards a common strategic vision. The x-matrix is a great tool used in Strategy Deployment to link goals at various levels of an organization.

New Posts
  • Companies deliver value to their customers through a myriad of interconnected processes. In order to serve our customers better, we need to keep improving our processes. Unfortunately, not all areas of our business have the same aptitude for change. Some parts evolve easily, while others resist even the smallest improvement. In other words, every area of a business has an inherent aptitude for change . I called this aptitude Process Fitness . How do you elevate process fitness? The short answer is, practice. Find yourself a coach, and start the journey of practice. There's nothing to lose, and everything to gain.
  • Whenever someone gives me their heartfelt advice, the first thing I ask is if they've tried it for themselves. If the answer is some flavour of no, then I know it's not advice. It's just gossip. It's something they heard about and thought sounded cool and progressive. Never having applied their own advice, they're so ready to give it away. I call this kind of knowledge gossip , and these types of people gossipers . There is an insane amount of Lean Gossip floating around. People just throwing around tips, templates, and jargon like cheap confetti. Lean principles were discovered and refined by great women and men who were Authentic Practitioners . They were grounded in the fundamentals and thoughtful in their application. The next time you receive advice about Lean, take a hard look at the person advising you. Do their words carry weight? Do their titles bear true knowledge? Are they Authentic Practitioners?
  • Business leaders frequently find themselves at critical crossroads where decisions need to be made in order for the company to move forward. Should we invest in that new IT system? Should we purchase additional capacity to meet future demand? Should we open up another business unit in a new geography? Making the right decisions at these critical junctures can move a company light years ahead of it's competition. Wrong ones can be painfully costly and demoralizing. With the magnitude of these decisions weighing down on you, it sometimes feels better to postpone them altogether. Keep in mind though, not making a decision has an impact as well. Strategic decisions live within a window of time, after which, everything changes. In other words. inaction matters. Think thoroughly, and act swiftly . It's part of being a good leader.