Strategic Planning - Implementing and Execution
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Strategic planning has no value unless the plans can be implemented and executed properly. Thinking has to be translated into action. Here you find help with implementing your plans and making them come alive.
By Mark Henricks
Businesspeople don't necessarily follow flawed strategies because they're greedy, arrogant or careless. Our brains are wired in ways that tend to prevent us from following tried-and-true strategic principles.
That's the view of Charles Roxburgh, a London director of consulting firm McKinsey & Co. who cites behavioral economics studies that show decision-makers commit similar mistakes in ways that suggest irrational behavior is innate. Below are the eight hidden strategy flaws Roxburgh has identified and strategies to help you overcome them.
(Added: 20-Jun-2005 Hits: 804)
By Steve Maltzman
Why do so many of our long-range business plans turn out the same way? Most often it's because we implement these ideas the way we try to run our first marathon. We just grab some shoes and start running without committing to a strategy for reaching our goal.
(Added: 23-Mar-2006 Hits: 1347)
By na
In his new book Making Strategy Work (Wharton School Publishing, January 2005), Hrebiniak says that many of today's top executives are far better at developing strategy than executing it and overcoming the political and organizational obstacles that stand in their way. Senior executive editor Patricia Brown spoke with Hrebiniak about overcoming the obstacles to execution and how CIOs can build systematic road maps for tackling it.
(Added: 1-Jun-2005 Hits: 940)
By Susan M. Heathfield
The strategic planning how-to question strikes at the heart of how to make change of any kind happen in your organization. Start by answering why your organization might want to embark on a strategic planning process. Want to be one of the organizations, in which employees understand the mission and goals? They enjoy a 29 percent greater return than other firms.
(Added: 23-Mar-2006 Hits: 1879)
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