business strategy
What impact could be achieved if you could anticipate challenges ahead of execution of your business strategy and
define ways to proactively manage those potential roadblocks? Research indicates that 31% of projects are canceled
before they are finished. 53% are completed with adjustments that lead to cost overruns of 189% and time delays of
222%. This hands on experience managing conditions of a project sets a holistic view of the principal stakeholders to
sponsor execution of business strategy: executive sponsorship, capabilities of the implementation team and
organization readiness to engage the change. Meeting the expectation of all three creates business value.
Learning Outcomes
~ Expanded view of potential impact points of an initiative
~ Increased capability to gain insight from multiple sources
~ Strengthened influencing skills to present initiative
~ Identification of possible barriers to implementation
~ Enhanced team skills to build consensus
Critical Applications
~ Identification of key members for project teams
~ Proactive approach to meeting project timeline
~ Establish partnership mentality between project team and user group
~ Involve right input to support initiative's success
~ Ability to prioritize multiple projects with limited resources
Key Business Results
~ Increased communication across traditional silos
~ Clear definition of project parameters to contribute value
~ Increased operating margins based on successful implementations
~ Effective resource management increasing employee productivity
~ Faster execution of business strategy to sustain competitive edge
"The best vision is insight" ~Malcolm Forbes
Today's economy requires the agility to lead in a changing world. Markets are no longer predictable or stagnant.
Leaders need to step outside their view of the operations to see the larger dynamics of the market forces that shape
their results. The ability to lead, make decisions and align actions with paradox will be a critical skill of the future.
Management teams prepare a business plan to address opportunities as the market evolves. Customers are presented
with preferences for products and capabilities which must be aligned to win the bid. The parent company funds the
resources of the division who yearly decide how to invest limited capital for products, people and processes. Computer
modeling displays market share, key ratios and brand position yearly. Business news appears each year which can be
linked to your business strategy to play out in the model. A design opportunity to include "business coaches" and
"investors" with senior management raises the stakes.
Learning Outcomes
~ Increases the strategic view of the business
~ Develops focus on areas of impact that relate to strategic plan
~ Reveals the drivers of intangible factors of capabilities of people and process
~ Enhances the ability to anticipate and manage through disruptive shifts in the market
~ Develops financial analysis of customer relationships
Critical Applications
~ Development of executive competencies of learning agility, decision-making and financial analysis
~ Alignment of individual performance factors to business unit results
~ Identification of opportunities for business growth
~ Identification of opportunities for continuous improvement
Key Business Results
~ Accelerated alignment of individual performance to strategic goals
~ Improved value delivered once levers are identified to shift actions
~ Increase efficiencies based on collaboration across business units
~ Improved attraction and retention of employees