Strategy Execution

Strategy Execution

Overview

Strategy execution is one of the biggest challenges for all size of organizations across globe. Almost all surveys conducted by consultants across the globe on strategy execution came to conclusion that strategy execution is very critical.

All the corporate and business units of the organizations and people should perform individually and as an aligned team like an orchestra to deliver the expected results desired in the strategy plan.

Strategy planning process usually starts with revisiting vision and mission statements. Usually strategic planning process is very interesting topic for senior management. To large extent the tools used for strategy planning process and the resulting plan look similar. Generally the plan displays strategic projections for 3 to 10 years depends on the type of industry and expected financial outcomes. The top challenge is to acquire reliable market data and understand it.

We help organizations in all the phases of strategy execution:

Strategy Development:

  • Design mission, values, and vision statements
  • Perform strategic analysis
  • Formulate strategy

Organization Alignment:

  • Align business units
  • Align support units like HR, IT, Finance, corporate procurement etc.,
  • Align employee measures and incentives with adjustment to organization structure
  • Align board of directors
  • Align key suppliers and customers

Execution:

  • Mentor and support performing the tasks during strategy execution
  • Initiative management through robust program and project management
 

Strategy Planning:

  • Develop strategy maps and themes
  • Develop scorecards with lead and lag measures and targets
  • Identify Initiative portfolios
  • Develop funding plan for strategic initiatives with cost-benefit analysis

Operations Planning:

  • Adopt strategy execution concepts in business planning and budgeting
  • Introduce or optimize sales & operations planning
  • Introduce or optimize demand planning and forecasting
  • Introduce or optimize master scheduling process
  • or optimize materials and capacity planning

Monitor and Learn:

  • Establish strategy review process (Monthly/Quarterly)
  • Establish operational review process (Daily/weekly/Monthly)

Test and Adopt:

  • Perform profitability analysis due to strategy execution
  • Perform strategy correlations
  • Help to identify emerging strategies.
  • Annual strategy refresh with lessons learned

Why Fruition Management Consulting:

We have experience of rolling out strategy execution in various industries successfully.
We adopt proven methodologies and frameworks to enable our clients and partners to learn and practice on their own for future optimizations.
We adopt Drs. Kaplan & Norton’s balanced scorecard framework for strategy execution along with complementing best practices.
We have complete spectrum of experience and qualifications capable to deliver results.
Our key qualifications include Kaplan-Norton Balanced Scorecard Certified Graduate, Project Management Professional (PMP) from PMI, Certified in Production and Inventory Management (CPIM) from APICS, Lean Six Sigma and ERP certifications.