Two strategic initiatives out of three fail. They are actually a huge challenge for Ã‚Â“more-of-the-same, better-and-betterÃ‚Â”, companies. Indeed, their cross-organization scope violates all principles of silo efficiency. 
Strategic initiatives are precisely not Ã‚Â“more of the same.Ã‚Â” Smarter Execution identifies seven key steps that managers need to get to grips with if they are to reap the full benefits of their strategic initiatives:
Ã‚Â¨ Focus firstÃ‚Â—less is more
Ã‚Â¨ Pick the best possible teamÃ‚Â—donÃ‚Â’t compromise
Ã‚Â¨ Set the courseÃ‚Â—learn to navigate to a destination that is not yet fully defined
Ã‚Â¨ Set up to winÃ‚Â—there is no Ã‚Â“commitment switchÃ‚Â”: it starts with you
Ã‚Â¨ Think it throughÃ‚Â—rehearse mentally each next step, leaving no stone unturned
Ã‚Â¨ Get all aboardÃ‚Â—itÃ‚Â’s about getting people to change the way they work
Ã‚Â¨ Follow throughÃ‚Â—to learn on the go
The authors, Xavier Gilbert, Bettina BÃƒÂ¼chel, and Rhoda Davidson, have been working with several hundred executives to help them execute their strategic initiatives. Time and again, they have seen how these seemingly common-sense insights were actually unexpectedly difficult to apply in most Ã‚Â“efficientÃ‚Â” organizations

Smarter Execution: Seven Steps to Getting Results

Business & Money

Xavier Gilbert

Bettina Büchel

Rhoda Davidson

Management & Leadership

Ft Press

Strategy execution is all about the speed of learning and making the right resource allocation decisions across a portfolio of business efficiency and growth initiatives. To learn quickly, piloting is critical before scaling initiatives to deliver value. Piloting de-risks strategy implementation and the learning that takes place during the first implementations is key for gaining strategic agility as it enables the quick and effective shifting of resources - including cash, talent and managerial attention.

Strategic Agility: The Art of Piloting Initiatives

6505678: IMD

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Books by Rhoda Davidson