New times – new strategy processes
Enterprises today are faced with significant challenges related to continued growth.
Established industries in many western countries have reached the peak of their life cycle and are challenged by significant structural changes and/or international companies that are better equipped to succeed in their respective markets.
Just get it done!
Often, when strategies are announced, a magical link appears between the direction and goals and how to implement them. It is ”magical” in the sense that the implementation process often does not contain the same level of clarity or tightness as the formulation of the strategy.
Innovative technology utilisation
Technology evolves all the time and changes the way we behave and consume products. Technology has the power to reshape industries, and it has done it before.
Strategy as design, not problem-solving
At Implement Consulting Group, we recently co-hosted a strategy session with Roger Martin in New York. It was designed as a “learning lab” that brought together executives from some of the largest US and Scandinavian companies to discuss how to rethink and improve the way that companies make strategic choices.
Strategy is not complex. The best strategies are simple because of their insightful and clearly articulated choices about the future. But making choices and executing the strategy is hard.
By aligning your company’s organisational design with its strategic intent, your management team will be better equipped to achieve targets and help push the company forward to meet new challenges.
According to an old proverb, ‘insanity is repeating the same mistakes and expecting different resultsʼ. If the proverb holds true, strategy implementation is insane. Research shows that more than 70 per cent of strategies fail to achieve their desired objectives.
New technology, changing demographics, environmental regulations, global competition. The challenges facing private and public organisations are many and various. Sometimes, you have to effect major transformations to stay ahead.
Virtual visual planning
With more businesses operating globally, it often means project teams are split up and located all around the world – making visual plans hard to share. With virtual visual planning you can make sure that everyone is on the same page.
Dynamic and complex organisations need leaders who can interpret current developments, make the right decisions and define the way forward.