Markets > Vision > Strategy + Execution


 
Strategic Planning > Forum > Markets > Vision > Strategy + Execution

Markets > Vision > Strategy + Execution
Jonathan Narducci, Business Consultant, United States, Member
First, vision drives strategy and customers and markets drives vision. Know the customer well. Also, "vision" is "functional" - about the entire company or any part of it like it or sales etc.
Second, develop principles by which you want to design strategies - such as "customer focus", "empowerment", or "communicate to everyone."
Third, strategy and execution are inseparable. Design them both together. Strategies won't work without an aligned execution fabric.
Fourth, strategy - and its execution - is change! Hopefully, it's innovative change. And it's proactive not reactive. And each company subgroup can have a sub-strategy that helps make the overall strategy work - which means the overall strategy might be tweaked. Bottom line: vision and strategy are iterative.
Fifth, strategy is subject to change - technology, people, money, etc. Create a "peripheral vision" capability up and down the company. Vision and overall strategy should be adjusted accordingly. More ite...Sign up
 

 
Getting Alignment on the Strategy
Scott Greenwood, Consultant, United States, Member
I tend to agree with Jonathan Narducci.
But to add, in order to get alignment on the strategy you need to know what the alignment (or lack there...Sign up
 

 
Assessment
Jonathan Narducci, Business Consultant, United States, Member
I agree with you Scott. An assessment to determine where you are and where you need to go so your execution fabric can be built properly is essential....Sign up
 

 
Markets > Vision > Strategy + Execution
Dr Robin C Hesler
Agree with you both and the points made for the most part. All current programs and services need to be assessed in terms of impact and viability rega...Sign up
 

 
Creating a Vision
Jonathan Narducci, Business Consultant, United States, Member
You are so right Dr. Hesler. Vision is driven by more than the market alone.
So, how is a vision created?
The answer varies f...Sign up
 

 
Business Strategy
Mellacheruvu Adi Saasthry , Director, India, SIG Leader
All the comments are very good!
Further on strategy: any company has to decide:
- What opportunities it wants to pursue and what risks it is...Sign up
 

     
Special Interest Group Leader
Mellacheruvu Adi Saasthry
Director

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