Executing Strategy
About this book
Every day on the job, you face common challenges. And you need immediate solutions to those challenges. The Pocket Mentor Series can help. Each book in the series is packed with handy tools, self-tests, and real-life examples to help you identify your strengths and weaknesses and hone critical skills. Whether you're at your desk, in a meeting, or on the road, these portable, concise guides enable you to tackle the daily demands of your work with speed, savvy, and effectiveness.The latest volume in the series: Executing StrategyThat strategy you've defined for your group is brilliant--promising better market share, higher profits, or some other impressive business result. But your strategy won't deliver the expected outcomes if you and your group don't execute it that is, if you don't put it into action by implementing the right strategic initiatives.This volume helps you master the challenging art of strategy execution. You'll learn how to:-Craft action plans for the strategic initiatives required to meet your goals-Keep your action plans on course despite the inevitable setbacks and surprises-Cultivate employees' sense of ownership and accountability for your plans-Create a group culture in which everyone views strategy as their job
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Information
Table of contents
- Contents
- Mentor’s Message: The Power of a Well-Executed Strategy
- Executing Strategy: The Basics
- The Role of Strategy
- The Strategic Plan: Four Key Elements
- The Strategic Planning Process: Five Steps
- Your Strategic-Initiative Action Plan
- Defining Objectives and Metrics
- Identifying the Resources Needed
- Clarifying Interlocks
- Keeping Your Action Plan on Course
- Establishing Accountability
- Creating an Environment for Execution Excellence
- Evaluating and Rewarding Performance
- Tips and Tools
- Tools for Executing Strategy
- Test Yourself
- To Learn More
- Sources for Executing Strategy
- Notes
