StrategyBlocks’ Post

Most organizations get this wrong.. Even in our Presidential debate..lots of plans with no specific details :) #Keep #Strategy #Simple Key is to keep your strategic planning focused on the critical, high-level choices that will guide the overall direction of the organization. Don't get bogged down in operational details or individual action items. By following these guidelines, you can create a clear, impactful strategic plan that unites and guides your organization towards its goals. Dos and Don'ts of Strategic Planning 1. Don't develop strategic plans for functions. Strategic plans should be focused at the organizational level, not for individual departments or functions 2. Confine "strategy" to the business level. Strategy should be about the overall direction and goals of the business, not operational details 3. Keep strategy and action separate. The strategic plan should define the high-level strategy, while a separate action plan outlines the specific steps to execute that strategy 4. Be careful how you use the terms "strategy" and "strategic"**. These words are often overused and misapplied to things that aren't truly strategic. Common Pitfalls to Avoid - Developing a "mish-mash collage" of individual to-do items rather than a cohesive, thought-out strategic plan - Failing to have a clear delineation between strategy development and execution - Creating overly complex strategic plans that are difficult to understand and implement Harvard Business Review | Dr Graham Kenny Source: https://lnkd.in/efXhtBGp

Harvard Business Review emphasizes the importance of simplicity in strategy, highlighting that overly complex strategies often hinder execution in this article by Graham Kenny. By focusing on clear, concise goals and priorities, businesses can align teams more effectively and foster adaptability in changing environments. For more on streamlining business strategy, read the full article here:

When it comes to planning your organization's strategy, it's crucial to ask the hard questions that will help you develop a comprehensive plan. These questions include defining your primary objective, understanding your competition, anticipating potential risks, establishing KPIs, and considering the role of technology. By addressing these critical questions, you can create a more robust and well-prepared strategy. Check out the Harvard Business Review article below for more insights and share your best practices. Let's work together to develop effective strategies that drive success! #Strategy #StrategyToExecution #StrategicPlanning #StrategicLeadership #StrategicHR #KPIs #ProjectManagement Link: https://lnkd.in/gHfkRBZn

Harvard Business School publishes an interesting article on how many organizations confuse operational plans with strategy. 👇 Read more on “Keep Strategy Simple” by ✒ Graham Kenny

Beyond page numbers: The execution gap in strategic planning. From page 1 to page 27, companies excel at creating strategies. But translating those blueprints into action? That's where many falter. How are you getting ahead of your strategy for 2024? Read HBR's article below to ask yourself the hard questions. https://lnkd.in/giMFxdxY

A nice reminder that Strategy is not Action, on Harvard Business Review. Add a compelling long-term Vision to guide your mid-term Strategy, then the necessary steps in short-term Execution will become easier to identify.

Brilliant article on Harvard Business Review addressing the need for business therapy in strategy, and the importance of asking the right questions to truly make a difference. Insights from Eddie Yoon Christopher Lochhead🏴☠️ and Katrina Kirsch 🏴☠️ https://lnkd.in/ezsTGwuC #strategy #business #HBR #insights #mindset #asktherightquestions

Many companies struggle to distinguish between strategy-making and execution, leading to misplaced strategic plans. To avoid this, Graham Kenny suggests: Don’t develop strategic plans for functions. Confine “strategy” to the business level. Keep strategy and action separate. Be careful with the terms “strategy” and “strategic”. #StrategyVsExecution #BusinessStrategy #StrategicPlanning #Execution #LeadershipTips https://lnkd.in/eukCDAqT

"My correspondent had tagged an important challenge for all companies: where does strategy making end and execution begin? Most haven’t found a clear answer to this question and the impact is immense." Strategic Planning Pain Points: 🔛 Siloed vs. collaborative 🗾 Don't align with strategic priorities 🛑 Are built without great insight on how to operationalize These are 3 reasons why strategic plans often sit on shelves after smart people spend hours together with the goal of solving tough problems. https://lnkd.in/g_QRDBZF

Gain strategic insights with this Harvard Business Review article, emphasizing crucial questions for effective planning. Elevate your strategy with a thoughtful approach. #BusinessStrategy #LeadershipTips