Making Strategy Work

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Leading Effective Execution and Change
Lawrence Hrebiniak

The key to actually executing a chosen strategy is what happens after the decision is made. If things are left to their natural path, most businesses will fail to execute their chosen strategy, and will instead continue doing what they have always done. To get an organization to implement a chosen strategy successfully, a unified and integrated approach to execution is required.

To make your chosen strategy work, concentrate on getting five key factors right as well as paying attention to the context:

1. Corporate Strategy –> 2, 3
2. Corporate structure Integration –> 3, 4
3. Business strategy Short-term objectives –> 4, 5
4. Business structure –> 5
5. Incentives and controls

The context
1. The organization’s ability to manage change
2. The culture of the organization
3. The organizational power structure
4. The overall leadership climate

Making Strategy Work