How to Close Strategy/Execution Gaps

In almost every sector today businesses face strategic challenges brought by fast-moving social and technological change. Establishing strategies that create value as the environment changes is an ongoing challenge.

An equal challenge is ensuring the overall strategy is well understood and is executed effectively as planned – closing the gap between strategy and execution.  

Gaps between where the business aims to go and what it can accomplish may be due to external market forces, but more often than not are due to internal barriers and poor connection across the company.

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DOWNLOAD: STRATEGY EXECUTION: BARRIERS & ACCELERATORS

A complimentary Learning Tool from Owen Graduate School of Management, Vanderbilt University

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However, some companies seem able to naturally combine strategy and execution in everything they do, breaking down the barriers and accelerating transformational strategic change.

In this accessible learning tool, Joe Ryan, Visiting Professor of Management, at Owen Graduate School of Management, offers practical advice, based on his extensive experience in management consulting, working with clients in consumer products, insurance, financial services, the securities industry, software, travel, telecommunications, R&D, and the two largest membership organizations in the United States.

Ryan describes 10 common barriers that can get in the way of effective strategy execution, and encourages leaders to focus on 7 key accelerators (or capabilities) that can help their businesses win today and in future.

Finally, the learning tool encourages learners to take Time to Reflect with questions designed to help them turn theory into practice.