— Question #4 of the 7 crucial execution questions —
You don’t want to hear from the accounting department six months down the line as to whether your execution programme is on track or not. You need real-time and leading (read: predicting) indicators that will give you early warning signs as to if and how you need to change course. And as each execution is unique, there is no fixed set of indicators that will work in every situation.
CREATE THE HABIT
So it’s important that you get into the habit of building and monitoring your own dashboard that is adapted to the needs of the specific execution challenge. The more you do this, the better the results and the more accurate and faster the process will be.
So start training today.
WANT TO HAVE BENCHMARK DATA?
Have a look at the Strategy Execution Barometer. Some results:
- Companies need to wake up and fix their initiative management
- Why most leaders are poor strategy communicators
