Strategy Execution Overview
Superior strategy execution is essential in driving results. Conventional wisdom holds that poor strategies rarely yield positive results. However, good strategies can fail as well. The most common reason for this failure is lack of exceptional strategic execution.
A Revolutionary and Highly Effective Strategy Execution Framework
Successful strategic execution is neither a process overhaul nor a mechanical formula for efficiency. Over 25 years of working with many of the world’s leading companies, BTS has developed a framework that captures the inner architecture of exceptional strategy execution.
This equation highlights the three critical forces that power exceptional strategy execution: Alignment, Mindset, and Capability. BTS has found that companies achieve better results, faster, when the workforce is aligned to the strategy, has the right mindset to approach execution with a sense of urgency and purpose, and has mastered the capabilities needed to execute. Achieving a strategy's fullest potential requires mastering all three forces—whether you are executing at the enterprise level, or working on specific initiatives.
Achieving Exceptional Strategy Execution with Business Simulations & Experiential Learning
During strategic execution, companies invest considerable resources and leadership time towards building alignment, mindset and capability. However, town hall meetings, PowerPoint presentations and off-site events often fail to make the expected impact, as messaging gets lost in the crowd. Traditional methods rely heavily on one-way communication and create missed engagement at a deep visceral level. As a result, a strategy that sounded good in principle starts to dissipate and move in 1,001 different directions.
Consider Strategy Execution without These Three Driving Forces
What would strategic execution look like without these three forces?
- To execute without first coordinating Alignment is undertaking an initiative without communicating the strategy, roles, and responsibilities to the individuals responsible for making the initiative succeed.
- To execute without developing the right Mindset means there is limited emotional commitment, the primary source of discretionary effort and employee engagement.
- To execute without developing business and leadership Capability is asking people to do something new without providing the tools needed to be successful.
Harness all the critical components of exceptional execution to generate better results, faster.
Leveraging customized business simulations and experiential learning tools, BTS partners with organizations in strategy execution to engage people more deeply in the strategy, accelerate implementation, and deliver business results. BTS’s unique approach supports the alignment, skill development and behavioral change necessary for exceptional strategy execution. For a company, the end results are quantifiable and measurable, illustrated in everything from revenue growth to increases in customer satisfaction and employee engagement.