After a year of intensive research, discussion and planning, your board of directors has approved an ambitious, multi-year strategic plan. Staff and volunteer leaders celebrate, anxious to witness the impact and results of this critical strategy-setting work. In reality, though, the important work has only begun.
According to a study from The Economist, 88% of senior executives recognize the importance of strategy implementation while 61% admit to experiencing implementation challenges. Even more alarming, only 56% of strategic initiatives have been described as successful over a three-year period. What causes these setbacks and how can organizations reverse the practices that have limited success in the past?
In this blog series, we cover:
Let’s start with a focus on the importance of clear goals and leadership vision as the foundation for success in strategy implementation.
In your strategic planning efforts, you may have conducted member or nonmember research, collected input from your board and senior staff, and reviewed your previous strategic plan. All of this information was synthesized into a concise and aspirational strategy document.
Next, your staff developed department-level operating plans and budgets in support of the plan. These documents outlined the specific tactics to be undertaken, the resources required to achieve the goals, timelines and hopefully some metrics for success.
Does all of this translate into a roadmap that guides your association’s critical day-to-day work? Actually, no. Many organizations, despite all of this effort, aren’t able to make the progress they set out to achieve. So, why is it that we struggle with translating our strategy into action?
To realize measurable change, organizations must understand the breakdown between strategy and execution. Three common challenges often emerge as the strategic plan moves into its implementation phase:
Source: Why Good Strategies Fail, The Economist
How does an association with enthusiastic volunteer leaders and constrained resources, like staff time and legacy programs that you can’t seem to sunset, move forward? There are a number of steps you can implement at any time to improve your chances of meeting your goals. In this blog, we cover step one:
Fundamentally, one of an organization’s greatest challenges is to translate a conceptual strategy into action. First and foremost, the team needs to understand where it is going before deciding how to get there.
Leadership vision and staff buy-in is critical. The CEO and senior team must be able to share a clear strategic vision with staff. A clear vision helps staff translate organizational-level strategies into department-level goals and tactics.
Clarity on the path ahead and consistency in your approach is critical to success.
Is your strategic house in order? If you don’t have a plan that is actionable, get in touch to find out how we can help with strategy implementation.
Learn more about strategic planning and implementation here: