The Strategy Execution Process – The 8 Framework
The Strategy Execution Process – The 8 Framework
The Strategy Execution Process
I recently wrote about the ‘8’, a simple and sexy strategy execution framework that emphasizes the link between individual and organisational performance. I promised more, so here we go:
The strategy execution process counts 8 building blocks
- Update strategy
- Cascade strategy
- Communicate strategy
- Compare and learn
- Manage strategic initiatives
- Set individual objectives
- Monitor and coach
- Evaluate performance
THE EXTENDED STRATEGY EXECUTION PROCESS
Large organisations need several steps to cascade the overall strategy to the individual level. The cascade runs down through business units, functional lines, departments and teams. For communication purposes, it helps to change the visual. Here’s an example:
Want to know more about the strategy execution process? Check out the ultimate strategy execution guide.
