To create an effective strategy for execution, leaders need to strike a balance between concrete guidance and flexibility.
Business leaders have long struggled with turning their strategic vision into reality. Barriers to effective execution abound. Miscommunication, lack of alignment, culture issues, and other factors mean that between one-half and two-thirds of companies fall short when it comes to achieving their strategic priorities.
Professor Donald Sull of the MIT Sloan School of Management has focused his research on how companies can forestall barriers to implementation by setting and communicating strategic priorities that will guide and enable successful execution. Watch as he discusses his work and gives examples and frameworks for developing a strategy for execution.
In this webinar, you’ll learn:
• What a strategy for execution is
• Seven features of effective strategic priorities
• How to communicate your strategy to outside stakeholders
• How to develop a strategy for execution