The Single Most Important Reason Why Strategy Execution Fails

As referred to in earlier posts, strategy execution comes with a lot of problems and no simple solutions. Having the right mindset is a good starting point for improvement, but of course not enough. You also need an effective approach that you can rely on. Before I move on to outlining such approach, we need…

The Right Mindset for Effective Strategy Execution – Part 2

Having the right mindset is crucial for effective strategy execution. In my previous post I introduced you to five mottos reflecting a constructive mindset that will help you execute your strategy successfully. Continuing where I stopped there, I’d like to share the other five mottos in this post. So, here they are:   Motto 6.…

The Right Mindset for Effective Strategy Execution – Part 1

As we saw in my two previous posts, strategy execution comes with many problems and no simple solutions. This means that we can’t just ‘fix’ it with a crisp step-by-step approach or list of best practices, do’s and don’ts or success factors. In this post and the next few posts I will discuss what you…

How to Keep Your Strategy Up to Date

In a world that is constantly changing, a strategy cannot remain unchanged. It is therefore often suggested that today’s world is more dynamic and complex than ever and that strategy should therefore be adaptive, agile, flexible or any other term that is used to reflect change. As argued in an earlier post on agile strategy,…

Should Strategy Become More Agile?

In my previous posts I summarized the broad and deep concerns about the way strategy is currently carried out. In the academic literature and popular business press we find numerous ideas for improvement. In this post and the next four, I discuss the five most important solutions that are offered. The first of these is that…