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Business Execution: Crafting a Business Strategy that Executes

Overview/Description Good planning gives your company a competitive advantage. However, a large proportion of the planned strategy often fails to materialize. This isn't because of unforeseeable events but because the plans lack reality, failing to fully assess the implementation capabilities of the organization and its position within the environment. Executable strategy begins with a clearly-defined strategic direction that considers existing strategy, as well as internal and external influences. Strategic themes then enable an organization to develop a workable strategy that aligns with...

Business Execution: Linking Strategy to People and Operations

Overview/Description Creating exceptional strategy doesn't on its own guarantee it'll be executed successfully. Your people must develop an understanding of the strategy, and your work processes must be tightly aligned to maximize organizational performance. So how do you communicate strategy and secure alignment? Strategy needs to be translated from high-level themes into individual strategic goals. Otherwise, the strategy will be difficult to execute. Operational processes must work together to achieve goals because strategic progress is faster when business units are aligned, rather than...

Business Execution: Monitoring and Evaluating Initiatives

Overview/Description Execution isn't over once strategies have been implemented. Ongoing monitoring and evaluation of strategic implementation are needed to ensure the strategy continues to create value and that changes in circumstances are taken into account. Strategy is useless if it's static. Good execution requires a dynamic approach that scrutinizes the strategy's effectiveness at junctures and reacts by revising it if necessary. This course considers the importance of continually monitoring and evaluating strategy to ensure good execution. It looks at methods of monitoring the execution...

Business Execution: Understanding the Fundamentals

Overview/Description Business managers are usually comfortable formulating strategy to enhance business outcomes. But what happens when plans fail to translate to reality? Why is business execution so difficult? Delivery is vital to the survival of all organizations, yet unclear plans, unsuitable workforces, and limited resources can have a detrimental effect on the best strategic ideas. Good leadership, having the right people in the right roles, and a business culture that's focused on getting the job done are the cornerstones to building and maintaining a company that can execute its...

Challenges of Facilitating

Overview/Description Dealing with challenging situations and behaviors is a part of any manager's or leader's job. Being observant, knowing what questions to ask, and being able to deal with conflict effectively are facilitation skills that can help when a situation becomes difficult. Managers who observe early signs of dysfunctional behavior – behavior that impedes the progress of work in some way – can prevent disruptions and help employees to be more productive. And those managers who know how to facilitate conflict discussions effectively can promote healthy debate and resolution of...

Coaching

Overview/Description Successful organizations employ coaching to develop individuals and teams. This Challenge Series product explores different approaches for coaching. Target Audience Mid- to upper-level managers and executives; all high potentials and fast trackers, including individual contributors. Expected Duration (hours) 0.2 Lesson ObjectivesCoaching

Communicating a Shared Vision

Overview/Description Communicating a Shared Vision shows how providing a project team with a vision, can help improve team motivation and ensure project success. Target Audience Individuals responsible for leading teams either occasionally, for example as project managers, or more permanently as team leaders or line managers. Expected Duration (hours) 0.1 Lesson ObjectivesCommunicating a Shared Vision

Communicating during Difficult Times

Overview/Description Communication is never more important than when a business is experiencing difficult times. When a company is affected by a struggling economy or other pressures, hard decisions have to be made, and employees need to be on board with these decisions. Different levels of leadership bear specific responsibilities at such times. These responsibilities include communicating strategic vision, explaining the rationale for decisions made, and translating those decisions into day-to-day operational terms. Leaders need to communicate to employees how decisions made in difficult...

Communicating Organizational Change

Overview/Description Change can make people uncomfortable, and fear of the unknown creates anxiety. This Business Impact explores the three key components of effectively communicating organizational change: the when, the what, and the how. Target Audience Managers, supervisors, and leaders in all industries/organizations who communicate organizational change to employees Expected Duration (hours) 0.1 Lesson ObjectivesCommunicating Organizational Change

Communicating Properly during Layoffs

Overview/Description Corporate mergers, financial downturns, and outsourcing make for difficult transitions for any company. This impact explores the importance of clear, thorough, and honest communication during such times of change. Expected Duration (hours) 0.1 Lesson ObjectivesCommunicating Properly during Layoffs

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