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HOW TO DEVELOP STRATEGIC LEADERS The biggest challenge in strategy execution is closing the gap between day-to-day activities and the strategy. When launching a new strategy, teams often complain that it comes on top of their regular business and that there’s no time because they are so busy with the day-to-day. But the strategy should be your day-to-day, shouldn’t it? How else can you expect to execute it successfully? ⎯ 👉 To drive strategy execution successfully, you need to align the activities your department or team engages in daily to the strategy. Aligning activities means deciding how much time and effort the department and every person on the team invest in what activities. ⎯ Blue Ocean Leadership by INSEAD professors W. Chan Kim and Renée Mauborgne takes this idea further to leadership development programs. „Blue Ocean Leadership provides a systematic way to unlock the ocean of unrealized talent and energy in your organization fast and at low cost. It achieves this while conserving leaders’ most precious resource: TIME. Blue Ocean Leadership in essence, can be thought of as a service that people in an organization either ‘BUY’ or ‘DON’T BUY’.“ – W. Chan Kim & Renée Mauborgne ⎯ 🚀 CALL TO ACTION: 1️⃣ Check last week’s calendar: How much time did you spend on what activities? 2️⃣ Create an assessment from 1-5: How well do these activities align with the company strategy? 3️⃣ Plan next week: What activities do you want to keep doing, stop doing, start doing, reduce? #strategy #leadership #leadershipdevelopment
Daniel Lock
7mo
This one resonates with me: "Distribute leadership across all three management levels because outstanding organizational performance often comes down to the motivation and actions of middle and frontline leaders who are in closer contact with the market." Thanks Dr Marc Sniukas
Alex Brueckmann
7mo
Connecting strategy design and executive development is absolutely success critical - our ego patterns and biases can easily get in the way. Leading with vulnerability and strengthening collaboration / commitment / accountability amongst executives go a long way - great post Dr Marc Sniukas 🙌
Marc Lawn
7mo
Dr Marc Sniukas - great post. One additional thought is that the gap can be created or exaggerated based on how the business measures success day-to-day. The unintended consequences of poorly thought through ‘strategy metrics’ can be damaging.
Giliola Ignat
7mo
Fully agree! Shifting from a traditional mindset to a Blue Ocean approach means not just adopting a new strategy but letting it infiltrate our daily grind. It's about making the Blue Ocean our default, not an extra task. And it's not easy.
Good one.
Hey Marc, great piece on strategic leadership! The 'Blue Ocean Leadership' concept is a refreshing take. I relate so strongly to the characteristics of the unconventional side of your graphic-- intuitively, I led this way for my decades in corporate roles. Encouraging bottom-up feedback and creating a culture where every team member feels ownership of the strategy can greatly enhance its execution. After all, people support what they help create.
Milos E.
7mo
Great share Dr Marc Sniukas. To me, strategy execution is 60% breaking big goals down into small steps, 10% following up, and 40% saying no to shiny new objects
Aligning the daily grind with strategic goals turns routine into progress; it's the real secret sauce for leadership impact.
Rohit R
7mo
Nice Share ♧•
The Enactive CEO Coach - Helping CEOs Build Companies that Matter | CEO @ Enactive Strategy • ex-BCG Partner • ex-Industrial Tech CEO • 25,000+ strategic followers
7mo+1 "The biggest challenge in strategy execution is closing the gap between day-to-day activities and the strategy." Although, understanding the difference between a strategy and a plan might be right up there. 🙂