Whitecap’s Strategy Execution Series
Whitecap is proud to be a partner of the Institute for Strategy Execution. In this series, we share selected insights from the chairman of the Institute, Jeroen De Flander.
At Whitecap, we strongly believe in boosting execution skills in order to succeed and have written several articles on the topic ourselves, including a recent blog about overcoming the strategy-execution gap in business.
Strategy execution is something successful leaders focus on. According to research published in the Harvard Business Review, “Companies realise only 40-60% of their strategies’ potential value”.
Successful leaders know these numbers and understand it takes much more than a great strategy to be number one. You need to turn that great strategy into great performance.
Here are some of Jeroen’s key insights on strategy execution:
Business strategy is a cool word. People like to use it. It leaves a good impression with your audience when you talk about ‘strategy‘.
Successful strategy execution depends heavily on a thorough understanding of the strategy by everyone within the organisation.
The most important strategy execution building blocks and provides a simple definition.
Practical tips to improve your strategy cascade using the Balanced Scorecard.
Having a successful operating model is a crucial strategy execution component. Most larger organisations today use a matrix model. In this article you discover 11 practical tips to boost your matrix organisation.
KPIs or key performance indicators measure your progress towards your end goal. So, it’s clear that having the right KPIs are a crucial component to strategy execution success.
A change management plan is an essential component of any strategy execution framework. When you take a closer look, most leaders struggle to realise real change.
A short video where Jeroen explains the 8 model, a popular strategy execution framework: