"No Excuses" Strategy Execution is the newest and most predictable process developed for the sole purpose of helping manager's lead their organizations through disparate project initiatives and process changes required to transform their strategy from Vision2Reality.
In the absence of a formal process, an organization's strategy is most likely driven by politics. Politically driven strategies are known to understate short-term plans that are subsequently exceeded. However, these same politically driven strategies also overstate long-term goals resulting in a 50-70% shortfall in execution and a major contributor to the Strategy Execution Gap. There is also a good chance that the annual strategic plan and operating budgets are poorly defined and not effectively communicated throughout an organization.
Failure to effectively communicate the organization's strategy and assign strategically aligned goals to individual associates will also increase the strategy execution gap. Associates without assigned tasks cannot be held accountable for their performance. A web of finger pointing, a lack of accountability and an overall level of frustration and disappointment bind these politically driven organizations together. Teamwork for the wrong reasons will also compound these problems.
Developing a formal "No Excuses" strategy execution process is the leading solution to bridge the strategy execution gap. With a well-defined and effectively communicated strategy, associates can be empowered to assign their own strategically aligned goals. Empowering your associates to define their own goals also gives them the added incentive to achieve results. Managers are encouraged to measure associate progress because all achievements align with, or support, the organization's strategy. The resulting associate level accountability forms the basis for recognizing the high-achievers and offering them Pay-For-Performance incentives, while focusing the under-achievers on developmental opportunities. This formal "No Excuses" Strategy Execution process not only establishes associate level accountability, but continuously raises the bar for future performance expectations as well.
With a formal "No Excuses" strategy execution process in place, the CEO is held more accountable for defining realistic plans. At the same time, the CEO's organization is held more accountable for executing their realistic plans. A formal "No Excuses" strategy execution process is the most effective way to close an organization's strategy execution gap and lead the transition of their strategy from Vision2Reality.
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