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CHEAT SHEET:

Strategy Implementation www.executestrategy.net

STEP 1 STEP 3
DEFINE YOUR STRATEGY DEFINE
FRAMEWORK KPIs
You need to start with a simple KPIs are one of the oldest
framework that introduces a strategy
lexicon that everyone can
understand and get behind.
management tools around – because
they work. They keep you honest
about your progress, and focused on
STEP 4 STEP 6
ESTABLISH YOUR STRATEGY LINK PERFORMANCE REVIEWS
STEP 5
your outcomes. They need to
When someone asks ‘how are our become your beacons for RHYTHM TO STRATEGY
organizational goals going’ – implementing strategy.
everyone should be on exactly the
Strategy is often the first thing to be IMPLEMENT CONSISTENT & organizations who truly succeed are
forgotten about when the going gets those who manage to weave strategy
same page about what that actually Keep them simple
tough. It's important to maintain a
SIMPLE STRATEGY REPORTS implementation into the fabric of
means. DEFINE YOUR FRAMEWORK.
rhythm... Consistency. their existence.
choose one per focus area
Build your strategy house...
STEP 2 update them often!
Get out of your 'day-to-day' and back
to the strategy often.
Everyone knows what to expect and
what they need to update prior to the
meeting(s).
Nothing shows people how important
strategy is more than when it impacts
BUILD YOUR their reviews and potentially even
If you are unsure about where to
PLAN start on KPIs, head back to our blog
Discuss your strategy often! Simplicity. their reward/remuneration.
and search for KPIs The report should give an at-a-glance
Gather the leaders of the Decide who will discuss. You can invest in a performance
view of how the strategy is
organization to agree on your vision. management system that has these
progressing.
You might do this in a workshop, and How long will you meet for? links built into its HR processes (like
we’ve written a really popular post Cascade). Or you can do it 'old
Accountability.
that should also help. Which reports will be used? school', awarding those whose
Ensure that the report includes the
names of the owner of each goal efforts align with your strategy.
Don't forget the VALUES! Consider a strategy 'checkpoint'. (accountability), as well as the names
of the people actually getting things Consider creating a 1:1 template that
If You don't have a framework in Then create your focus areas.
done (recognition). managers can use which highlights
place, head over back to our blog
how a person’s goals contribute to
and search for 'frameworks' STOP!
Insightful. the strategy.
Don't be tempted to build your
The report needs to include not only
organizational goals without your
an overview of how the strategy
team.
looks now, but how it’s progressing
over time. Try to include a
Once the team builds these, go back
comparison period or graphs/charts
and reference the focus areas...
that show progress over time, to
DO THEY ALIGN?
ensure momentum is maintained.

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