Strategy execution is the single greatest problem and the single greatest opportunity facing businesses today.
And the root cause of that problem is leadership. But not in the way you might think. It is not about leadership behaviors, the problem is leadership and management process.
What Employees Need
In order to execute strategy effectively, you need to connect that strategy with the daily action of all employees. In order to connect strategy to action employees need to know three key things:
- What is expected of them.
- How they are doing.
- How they can improve.
Look at the slide deck to your left for more information on effective strategy execution.