Strategy Development Processes and Services
More organizations are beginning to understand that in order to achieve long-term, sustained success they need to develop strategic goals, key priorities, and a plan of action. In the past, having a robust strategic road map was less critical, but because the business landscape has changed dramatically and continues to change at an even faster pace, strategy development and implementation is on the rise for all types of organizations, including non-profit, government agencies, and for-profit enterprises. However, most organizations that have developed a strategic plan for their organizations fail to follow through and successfully implement it. According to a recent study conducted by PRWeb, 58 percent of CEOs and Senior Executives surveyed said that their strategy implementation efforts extended through to the end of the strategy only about half of the time.
So, of those senior executives making a concerted effort at business strategy planning, only a little over half of them end up fully implementing the strategy. If they were to receive a grade on their strategy implementation efforts, 58 percent would be an F in any learning institution.
With so many organizations receiving a failing grade or struggling to implement strategic initiatives, what does it take to get traction behind this type of effort? The answer lies in a group of key enablers. Below are six of these enablers that will drive greater levels of success around the implementation of any strategic agenda, project, or initiative.
CMOE believes that leaders who manage critical pieces of the firm’s value chain of activities play an important part in strategy implementation. They fulfill this role by creating strategy for their team that is aligned with broader organizational strategies. Our Strategic Leadership™ Workshop is designed to help leaders develop their strategic leadership capabilities and capacity through an engaging and fast-paced learning experience. The basis of this workshop is application—application of strategic thinking principles, application of a strategic thinking culture, and application of a strategic plan of action for their part of the business.
Every leader and member of an organization has a part to play in the strategy implementation process and works to ensure that it is implemented effectively across the enterprise. In order to get the most mileage out of strategy planning, every team and individual contributor must begin to think of themselves as a business within the enterprise, complete with deliverables, internal customers, etc.—just on a smaller scale. How is this done? Our Applied Strategic Thinking® Workshop equips leaders and individual contributors with these essential skills so they can identify their own strategic contribution concept and discover how they can participate in strategic implementation and make a difference. Not only does this interactive workshop address large-scale strategic planning initiatives, it also drills deeper and addresses strategic planning all the way to the individual level.
CMOE’s Strategic Leadership Workshop and the Applied Strategic Thinking Workshop are designed to be highly engaging, skill-building programs that improve strategic competencies at all levels of the organization. Here is some of what participants can expect when they attend CMOE’s workshops:
Along the way, the facilitator will interact extensively with the group and pull-out key strategy insights in order to expedite the learning process. At CMOE, we have become extremely adept at helping adults think and work more strategically.
“Initiatives bring clarity and focus to your strategy and begin the process for making your strategy actionable.”~ Strategy is Everyone’s Job: A Guide to Strategic Leadership
“Nearly every team will experience a bumpy start when balancing heavy workloads with new strategic projects.”~ Stephanie S. Mead, MBA
“Using the strategy as a litmus test for the team’s daily activities and decision-making practices will provide a multitude of benefits and increase your consistency as you implement the strategy.”~ Steven J. Stowell, Ph.D.
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In order to meet the specific needs of each client we partner with and make the most of the learning and development investment, CMOE offers programs in the following formats and lengths:
Contact a CMOE Client Services Specialist to discuss a targeted solution that is right for your organization.