I’ve recently worked with multiple client on this topic. It is an important topic – if you can “guarantee” your strategy through solid execution, you’ll increase the value of your business. In my experience, few companies achieve their strategy. It is much easier to create binders full of strategic documents than it is to “make it happen”. What you find someone who not only can create a practical yet solid strategy “AND” execute it, you’ve found a gem!
I recently published an article on Project Times about this subject, “Why Project Planning is Critical to Attaining Strategy Goals”. The article discusses the keys to success in “making it happen”: 1) Executive committment and involvement. 2) Effective questioning (largely what I’m able to provide my clients to help them think through how to successfully execute their strategy). 3) A rigorous focus on the critical path. Read the entire article here.
Simply by focusing attention on strategy execution via a project planning process, you’ll be further along than most of your competitors. Why not give it a try?