Strategy Means Directional Initiatives to Protect And/or Improve your Current Position
Today's leaders must be able to impose rapid changes within their organization
in order to compete against worldwide competition, manoeuvre within the politic arenas and to face the current financial turmoil.
Sadly, strategy is often done on a yearly basis if at all, no real means of follow-up done on a regular basis, upper management is not made fully accountable for delivering, no real accountability, poor consequences associated with not meeting the objectives and most of the organizations aren't equipped to support rapid change.
More and more we urgently need to become real-time managers and to make the necessary decisions to ensure that the overall strategy is met and to react to changes when it happen.
Management has the obligation to elaborate strategies for sustainment and growth but also to pro-actively forecast potential declines and to develop plan to prevent and/or turn around such situations.