Studies show that only 5% of employees are aware of their company’s strategy, and even managers are not able to articulate it effectively. Planning inclusively will engage your front-line team in the creation of the plan while bolstering the support you will need to execute.
You can’t manage what you can’t measure. The successful curation of data sources springing from your business operating systems will unearth rich clues to a treasure of opportunity. Enabling real-time access to the metrics you choose to measure performance is critical to galvanizing agility.
Assess Organizational Design
People, process, technology and structure are four practices foundational to sustained success.
Over 60% of senior executives believe their company does a poor job bridging strategy to execution. A failure to execute is inexcusable in a market chock-full of affordable software solutions that can automate and simplify this process to ensure the goals and objectives, borne out of the plan, are cascading throughout the organization.
If agility is the engine to harnessing change, then innovation is the fuel. Cultivate a creative environment tolerant of imperfection where the point-team can forge a new path forward. In the competitive business landscape, the innovators win.