Archive for December, 2012
Seasons Greetings
Posted by groupstrategy in Uncategorized on December 19, 2012
Wishing all my readers are very happy festive season and best wishes for the new year.
May all the objectives, strategies and actions that you want in 2013 come to fruition!
You can’t cram when it comes to strategy execution
Posted by groupstrategy in Uncategorized on December 8, 2012
I regularly travel to a major city and stay at the same hotel. Across the road there are major building works at the office tower there. It has one of those classic cranes we see in every city in the world. The type of crane that miraculously grows higher and is the right height for the building as construction progresses.
It occured to me whilst watching this major construction site that strategy execution is a lot like a crane on a building site. The crane must be elevated to the right height to meet the needs of the builders as the tower block grows floor by floor. When the construction crew need the crane it must be ready. It is too late the raise the crane after the event. Productivity will fall and construction progress will slowed at best or be suspended at worst.
So those in charge of the project must decide what height they need and when and convey that to the crane crew. Everyone involved must work as a team to ensure smooth execution. And there has to be strong foundations!
Like a crane on a building site a plan execution has an end point, a logical flow, a focus The plan must be agreed.on results and a set of distinct steps. You can’t just jam all the activities and steps in at the last minute and hope you will achieve top results.
So when it comes to execution of a plan each step must be developed, agreed and done on time, at the right time otherwise meeting the milestones is an impossible task.
Farmers have a great saying, you must plant when the time is right, you can’t cram at the last minute and expect results.
Drive for show – putt for dough #strategy
Posted by groupstrategy in Uncategorized on December 1, 2012
It is that time of year again here in Australia when there is a lot of great golf on TV. It reminded me of a classic saying in that sport “You drive for show but you putt for dough”.
In other words it is how you finish each hole which makes the difference to your overall results. The winners are the ones who can finish the best. Most great pro golfers can get from tee to green in regulation numbers but the real stars are those who consistently finish with the least number of strokes. Indeed there is a lot of discussion at the moment around the putter and whether the modern long putter gives an unfair advantage, so putting is truly the real differentiator in that sport.
But of course you can’t putt until you have undertaken all the steps needed to get you close to your target, you need to plan the milestones along the journey to the hole and execute each of those milestones in the best possible way. Actually you have a lot of information that we don’t necessarily have when developing strategy, you know where you are starting from, you know where you are going to (ok no problems so far) but also you generally know the environment over which you are going to travel to get to the target.
OK, but this blog is about strategy not improving our golf scores so how does this relate?
Well if we think about strategy lots of organisations are good at writing strategy and placing that into a flash folder with wonderful graphics. After all they have been doing it for years, filling in the approved template with great words and pretty colours. They set up big objectives often with lots of linked activities and focus statements. A big target is aimed at. But this is only part of the whole game.
But the organisations who actually succeed are the ones who understand the importance of “getting the ball in the hole”. They understand that the target is pretty small. They understand that to get to the target they need to have a set of steps that they need to excute in a logical and connected sequence. They also understand that if they keep the target front of mind they almost certainly will get to their desired result. And they know that if they don’t keep on moving towards the target they will never get there. No shortcuts!
So when you have your plan ready to implement it is important to realise that:
* getting to the target is a journey of a number of steps
* the steps have a logical and connected sequence
* how you execute each step will impact the work to be done on the next step
* you need to maintain focus on the target at all times
* strategy without implementation is just a dream and a wasted opportunity
So when it comes to strategy make sure you are “putting for dough” it is the only measure of success! Be a great pro strategy implementer!
(this post also appears at www.strategyconnect.com.au/blog)