Brought to you by Execution is the Strategy | Laura Stack Execution is the Strategy: How Leaders Achieve Maximum Results in Minimum Time Berrett-Koehler: San Francisco, CA, 2014. 262 pages. Strategic planning is so yesterday, but execution is always in style. The Four Premises of Strategy 1 2 3 4 Interdependency Strategy and tactics are part of the same overarching process, with an inherent relationship. Fluidity Strategy must be more flexible in its tactics now than in the past. Speed Strategy must be executed more quickly than ever before to be effective. Validity Strategy must still be appropriate and strong, or none of the first three premises matter. Four Keys to Efficient Strategic Execution 1 L = Leverage 2 E = Environment Do you have the organizational atmosphere, practices, and culture that will allow your employees to easily support your strategic priorities? If not, you have a cultural/engagement issue. 3 4 A = Alignment Do your team members’ daily activities move them toward accomplishment of the organization’s ultimate goals? If not, you have a communication/productivity issue. Do you have the right people and drivers in place to achieve your strategic priorities – ones that allow you to execute your strategy when the rubber hits the road? If not, you have a talent/resource issue. D = Drive Are your organization’s leaders, teams, and employees agile enough to move quickly once the first three pieces of this list are in place? If not, you have a speed/ agility issue. Sums and the Vision Room are resources powered by Auxano. 2 Execution is the Strategy | Laura Stack L E LEVERAGE ENVIRONMENT Leadership Role Engineer: Build It Leadership Role Mechanic: Fix It Development Opportunity Talent/Resources Development Opportunity Culture/Engagement A D Leadership Role Conductor: Steer It Leadership Role Bulldozer: Knock It Down Development Opportunity Communication/Productivity Development Opportunity Speed/Agility ALIGNMENT DRIVE To prepare you to fully utilize the value of this SUMS, please go to www.ExecutionIsTheStrategy.com and complete a free online Execution Quotient (EQ) Assessment. Doing so will provide insight into your current strategic execution process as you prepare to read the rest of the summary. Sums and the Vision Room are resources powered by Auxano. 3 Execution is the Strategy | Laura Stack 1 LEVERAGE An efficient organization is one that operates with leverage already in place: • • • • The Effort/Input Force = the leader (you) The Lever/Beam = the worker (team) The Fulcrum/Pivot = the enabler (tool or resource) The Load/Object = your organization (what you’re trying to move with your strategy) Input Force Load Lever Output Force Fulcrum Fulcrum Maximize Your Input Force Utilize a helping HANDS approach to keep your team properly aligned: • • • • • Handpick your people Assign duties carefully Nurture initiative and innovation Don’t abdicate Study the results Control freaks in leadership positions crush creativity, drive depression, and kill camaraderie. Sums and the Vision Room are resources powered by Auxano. 4 Execution is the Strategy | Laura Stack Strengthen the Beam It’s up to you to strengthen a team member’s ability to execute strategy in every way possible. Keep these pointers in mind when improving your organizational “levers.” • • • • Look for and reward hard work over talent Learn to recognize the difference between high performers and average workers at a glance Mentor newbies to help them learn the ropes Provide the training your team needs to execute more effectively Maximizing strategic execution requires hardworking, flexible people with a combination of talent and experience in the places they can do the most good. Improve the Fulcrum To take full advantage of leveraging, not only do you strive to strengthen yourself and your team, but you may also have to replace or reposition the fulcrum to maximize your output. • • • • Equip yourself and your team with the right hardware, software, and resources Think beyond your desk Develop new partnerships and seek alliances Be careful about what you cut The wise leader understands the power of the fulcrum to get more leverage from your system. 2 ENVIRONMENT A productive, successful working environment depends on workplace culture. An organization’s culture guides discretionary behavior, picking up where the employee handbook leaves off. It’s defined by what happens when the senior leadership team leaves the room. Shape the Culture Culture is not a goal to be mandated; it’s the outcome of a collective set of behaviors and unwritten ground rules you’ve inadvertently created or enabled over the years. • Foster an environment of excellence • Lay a foundation of accountability Sums and the Vision Room are resources powered by Auxano. 5 Execution is the Strategy | Laura Stack • Incite a culture of action • Punch through the bureaucratic mindset • Encourage a collaborative atmosphere Dedicate yourself to developing and rewarding desired behaviors, and let those rules guide your team as they meet challenges head on. Encourage Change Hardiness What doesn’t grow either stagnates or rots. So, knowing that change is necessary, keep working to better your team. If you can inspire the proper attitude about change, your team will react positively when it occurs. • • • • • • • Focus on the benefits Reframe the challenge as an opportunity Phase it in gradually Test and tweak Identify and motivate change leaders Get out of the way Celebrate improvement Roll with change as it inevitably occurs. Ensure Engaged, Empowered Employees Increasing your ratio of engaged employees can be hard work. The task requires not only strength but also flexibility and empathy. Factors that increase engagement include: • • • • • • • Confidence in one’s ability to do the job Access to training and career development Opportunities for growth Ongoing communication and feedback from leadership A clear understanding of the organization’s goals Relationships with team members Trust in the organization and its integrity If you can persuade team members to give you more of their discretionary effort, productivity will skyrocket. Sums and the Vision Room are resources powered by Auxano. 6 Execution is the Strategy | Laura Stack 3 ALIGNMENT Alignment means your strategic priorities and the day-to-day operations of your team are synchronized. Their tactics are carrying out your strategies. Specifically, your team members need to know: • Why should they care? • What is the goal? • How do we get there? Take Your Team on a Mission Modern leaders partner and collaborate with their team members, outlining vision, facilitating their work, and urging them on. Clarifying the decision-making process means the leader: • • • • Researches the variables Never makes unwarranted assumptions Sets a deadline for actions Starts planning Your team won’t care about anything more than their paychecks unless you inspire them. Plan for Goal Achievement The practice of aligning your strategic focus with carefully designed organizational goals removes bottlenecks, breaks down information silos, cuts redundancy, limits confusion, and maximizes productivity. Tips like the following help sharpen your focus to laser keenness: • • • • • • Define your market position Tightly define your mission and vision Stay flexible Align your goals Manage performance Monitor the metrics People distrust the ambiguous – so be crystal clear about what your team members should be accomplishing in their daily activities. Sums and the Vision Room are resources powered by Auxano. 7 Execution is the Strategy | Laura Stack Measure Your Progress With enough effort and the right tools, you can eventually build a voluntary culture of accountability in which you don’t have to ride people to get them to do the right things at the right times. To make sure your team keeps moving forward with an appropriate mix of strategy and tactics, implement these four practices with your team: • • • • Communicate Engage Empower Provide Wise leaders possess a profound understanding of the difference between strategy and tactics, knowing exactly what each involves. 4 DRIVE As a leader, your greatest importance may lie in clearing the way forward for your team members. This typically involves smoothing out the speed bumps and removing any obstacles that block task execution, particularly the procedural ones. Remove Obstacles from the Path All teams include someone who makes things easier for others to do their jobs. In the white-collar world, the team leader removes the obstacles, from crushing groupthink, to speeding up decision making, to being a realist rather than a perfectionist. Here are four basic principles to accomplish that task: • • • • Perfect your systems Establish a broad support base Eliminate myopia Communicate effectively Speedy decision-making requires agility, flexibility, and a careful eye toward strategic alignment within your organization. Sums and the Vision Room are resources powered by Auxano. 8 Execution is the Strategy | Laura Stack Add Enablers to the Equation If you want your team members to maximize their productivity and ability to execute in the moment, make the process easier by facilitating their technology and methodologies. To get your brain moving as quickly as it needs to, THINK faster: • • • • • Take care of yourself Hone your memory Improve your focus Nourish your brain Knowledge = Power Do your best to trim away anything that doesn’t contribute to your execution, being careful about what you add to your team’s plate. Eliminate Time Wasters To survive in business these days, companies must become nimble enough to out-maneuver their competitors, large and small. Here are some actions you and your team should NOT use to decide what to do next: • • • • • • Based on what you feel like doing By the order in which tasks appear By who’s screaming the loudest By what comes to mind By the order of the sticky note By questioning the right path to take Shave wasted time out of your schedule and avoid the unnecessary. Execution is the strategy that will allow you to remain relevant, innovative, and competitive in the global marketplace of modern business. Keep this in mind: Leaders should work with their people to build effective business strategies in real time. You may not have time for strategic planning as such, but you should always make time to build an organizational culture that’s adept at strategic execution. By the time you finish reviewing the four keys, you’ll see that execution really is the strategy that will propel your organization forward in today’s fast-paced arena. Reprinted with permission of the publisher. From Execution is the Strategy, copyright© 2014 by Laura Stack, Berrett-Koehler Publishers, Inc., San Francisco, CA. All rights reserved. www.bkconection.com Sums and the Vision Room are resources powered by Auxano. 9 Execution is the Strategy | Laura Stack Recommended Resources 1.Read “8 Obstacles to Executing Your Church’s Strategy” by Auxano Founder Will Mancini. 2. Do you carry your organization’s strategy in the trunk? Read why Will Mancini thinks you should. 3.Review and download a wealth of extra resources from author Laura Stack, including a discussion guide, sample chapter, and more. 4.Watch a presentation of Execution is the Strategy by author Laura Stack. 5.Take a free, online Execution Quotient Assessment to provide insight into your current strategic execution process. Amazon Links Paperback link Kindle link Receive a new SUMS delivered to your Inbox every other week Sums and the Vision Room are resources powered by Auxano. 10 Go Ahead Actions for Vision Clarity by Clint Grider, Ph.D., CFRE William Shakespeare once mused: “This is the monstrosity in love, that the will is infinite and the execution confined.” In Execution is the Strategy: How Leaders Achieve Maximum Results in Minimum Time, author Laura Stack emboldens leaders to translate vision and strategy into performance. Can love of (or infatuation with) a “vision” for the future actually obstruct a leader’s ability to properly evaluate opportunities and threats? Can traditional models of strategic planning get in the way of an organization’s capacity to foster nimble thought leadership among its team members? The author suggests that the answer to both questions is yes if goals, strategy, tactics, and execution are not woven together: “[They] should be part of the same dynamic process—implementing long-term priorities through short-term, daily operations.” Said a different way, in today’s dynamic world, Stack asserts that strategy cannot be separated from execution—that strategy must emerge from on-the-ground execution. And yet, many leaders inadvertently err by casting vision that is forged separately from those who are expected to “implement” that vision. Such an approach, at best, handcuffs organizations from realizing their potential. Leaders who are serious about long-term results intentionally foster a paradigm that directly connects operational and strategic initiatives. Such agility maximizes the organization’s talent and builds a rich culture of collaboration, innovation, and competitive advantage that stands the test of time. How to Go Ahead 1) A t your next team meeting, review the “Alignment” Execution Key as covered in this SUMS on pages 7-8. For each of the assessment questions below, instruct your team to rate the question from 1 (to no extent) to 5 (to a great extent). • T o what extent do I understand what motivates each team member to perform at a high level? Do I understand that people contribute discretionary effort for different reasons? • D o I show genuine appreciation for hard work? Have I discovered what would be meaningful for each person on the team? • D o I keep a clear picture of goals in front of our team? Do I continually communicate excitement for our mission? 2) A sk the team to respond again to the questions in that section again, this time substituting “we” for “I”. Discuss the team’s viewpoints of the organization as a whole vs. individual leaders and departments. 3) H ave you identified a coach to help you improve your culture of execution? Do you need some objective help to look at where you are and potential next steps? Call or email me for a free onehour assessment. Sums and the Vision Room are resources powered by Auxano. 11 More About Clint Grider As a respected vision optimizer and leader of non-profit organizations for over 20 years, Clint Grider keenly identifies the key people and strengths at the core of an organization’s culture. With this discernment and an encouraging spirit, he guides leaders through vision clarity processes leading to meaningful results and sustainable momentum. Clint has provided strategic leadership in universities, medical research, global ministry, church, school, and corporate settings. He helps organizations improve their systems and capacity in creative and vital ways. As a Certified Fund Raising Executive, Clint has served successful campaigns ranging from $2 million to $637 million. Prior roles include: COO and vice president of finance & development for America’s Family Coaches, Chief Development Officer for Sky Ranch, Director of Development at Baylor College of Medicine, Assistant Vice President and Chief Development Officer at Houston Baptist University, and consultant to the President at the Texas A&M Foundation. Clint received his bachelor’s in business administration and marketing from Baylor University, master’s in educational psychology from Baylor, and Ph.D. in educational administration and continuous process improvement from Texas A&M University. Clint and his wife Kindra have been married 23 years and live near Dallas, Texas with their two daughters, where they attend and volunteer at The Village Church. Email: [email protected] Sums and the Vision Room are resources powered by Auxano. 12 Auxano is the only vision clarity consulting group that will guide your team through a God-ward and collaborative process called the Vision Pathway. To learn more, visit auxano.com or check us out on Twitter and our Auxano and VisionRoom Facebook pages. Receive a new SUMS delivered to your Inbox every other week auxano.com Sums and the Vision Room are resources powered by Auxano.
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