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STRATEGY ABSOLUTE MUST HAVES
14

10 strategy must haves

Aug 11, 2014

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Business

Eric Tachibana

10 aspects of an 'executable' strategy....
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Page 1: 10 strategy must haves

STRATEGY ABSOLUTE MUST HAVES

Page 2: 10 strategy must haves

0 1 STOP NAVEL GAZING!YOUR STRATEGY DEFINES HOW YOU UNIQUELY & DEFENSIBLY DELIVER CUSTOMER VALUE.

IT’S ABOUT THEM, NOT YOU.

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LOOK AHEAD!THE VISION SHOULD INSPIRE, NOT JUST EXPLAIN. STRATEGY IS ABOUT WHERE WE ARE GOING, NOT WHERE WE ARE.

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KEEP IT SIMPLETROOPS AT EVERY LEVEL MUST RELATE & BE ABLE TO ALIGN PERSONAL DAY-TO-DAY WORK. BUT SIMPLE IS NOT SIMPLISTIC. (AND NO MORE THAN 6 OBJECTIVES AT A TIME PLEASE!)

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CULTURE EATS STRATEGY FOR BREAKFAST!ADDRESS CULTURE & CHANGE UP FRONT AND REMEMBER THAT WITHOUT BUY-IN & DAY-T0-DAY, IN-THE-TRENCHES EXECUTION, YOUR STRATEGY IS JUST A POWER POINT DECK.

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ASSIGN OWNERSHIPSTRATEGY MUST BE OWNED BY SPECIFIC PEOPLE WITH SKILLS, SCOPE, AND AUTHORITY TO MAKE IT HAPPEN.

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ALIGNTIE THE EXECUTION PLAN DIRECTLY INTO THE BUSINESS STRATEGY & BUDGET, OBJECTIVE FOR OBJECTIVE.

FROM JANITORS ALL THE WAY DOWN TO SENIOR MANAGERS

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KEEP IT REAL20% STRETCH IS FINE, BUT NOT MUCH MORE. STRATEGY SHOULD BE FIRMLY BASED IN EXISTING CORE COMPETENCIES AND BE EXECUTABLE.

IT SHOULD ALSO DEFINE WHAT WE WON'T DO.

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GOVERN ITDEFINE RELEVANT, COLLECTABLE METRICS TO MONITOR PROGRESS AND EMPOWER GOVERNANCE FOR ON-GOING EXECUTION & EXCEPTIONS

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COMMUNICATE ITPLAN & BUDGET FOR COMMUNICATION. IF THE TROOPS DON’T KNOW THE STRATEGY, OR HAVE A MISINTERPRETATION OF IT, THE WHOLE THING COLLAPSES

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DON’T RUSH ITGOOD STRATEGY DEVELOPMENT INCLUDES TIME TO JUST SIT & MARINATE.

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CREATIVE COMMONS ATTRIBUTIONSTitle Slide: http://www.flickr.com/photos/jasonbrown2013/

Slide 2: http://www.flickr.com/photos/sherihall/Slide 3: http://www.flickr.com/photos/peternijenhuis/

Slide 4: http://www.flickr.com/photos/nanagyeiSlide 5: http://www.flickr.com/photos/matthew_norris/

Slide 6: http://www.flickr.com/photos/inlinguamanchester/Slide 7: http://www.flickr.com/photos/jepoirrier/

Slide 8: http://www.flickr.com/photos/ejmc/Slide 9: http://www.flickr.com/photos/tonyjcase/

Slide 10: http://www.flickr.com/photos/bisgovuk/Slide 11: http://www.flickr.com/photos/heyitschili/

Slide Design: http://www.slideshare.net/jazzinside/10-golden-rules-of-pr Attribution Slide: http://www.flickr.com/photos/21572939@N03/

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