Turning Great Strategy into Great Performance

On average, what percentage do companies deliver from their financial goal?

• 52%

• 57%

• 62%

• 63%

How many rules are there for a successful strategy execution?

• 5

• 6

• 7

• 8

Which of these is NOT a strategy to performance gap?

• Failure to track performance.

• Leaders are not committed to the business.

• A lot of value is lost in translation.

• Bottlenecks are invisible to top management.

This is the first rule of successful strategy execution.

• Speak a common language.

• Debate assumptions.

• Identify priorities.

• Keep it simple.

This rule reminds us to motivate and develop our staff.

• Rule 3

• Rule 7

• Rule 5

• Rule 2

This gap occurs because managers want to protect themselves.

• Multiyear results rarely meet projections

• A lot of value is lost in translation

• Performance bottlenecks are invisible in top management

• The gap fosters for a culture underperformance

This allows the company to learn its limit in production.

• Project Crashing

• Production Possibility Frontier

• Project Management

• Prioritization Matrix

This helps to assess which projects are more important compared to others.

• Project Crashing

• Project Management

• Production Possibility Frontier

• Prioritization Matrix

Job performance is documented and evaluated to assess employee productivity.

• Two-factor theory

• Goal Setting Theory

• Performance appraisal

• Job assessment

The combination of these two factors may close the strategy to performance gap.

• Strategic planning and execution

• Employee motivation and leadership

• Strategy and Communication

• Planning and Commitment