Gaining Executive & Leadership Buy-In for Strategy Execution
Successful Strategy Execution and Performance Management requires top
management to embrace these methodologies, and to communicate their principles as a
permanent transformation throughout the organization.
It requires their visible and ongoing involvement, a full
allocation of necessary resources, a financial
commitment, and enough time to let the plan work.
What's more, gaining executive support requires rising above the "Initiative
Blizzard" that all executives face, as well as dealing with issues of control,
and a perceived lack of resources and financial reward.
Identify the Burning Platform
Getting buy-in from those above you is not impossible. The first step is to
identify the organization's "Burning Platform" – a single, serious, well-known
business issue that negatively impacts critical high-level outcomes.
How to Find Yours?
In most cases, you'll immediately know what your organization's Burning
Platform is (common culprits include plummeting profitability, rising costs,
shrinking market share, customer complaints, key talent loss, and compliance
issues).
By their nature, Burning Platforms are almost always complex issues that cut
across many departments and functions, hinder an organization's ability to
achieve its mission, and are simply not fixable with "business as usual"
approaches (which is why they tend to linger and continually frustrate
executives).
Strategy Execution and Performance Management Can Address It
However, the principles of Strategy Execution and Performance Management are precisely aimed at
addressing these types of issues, so your pitch for them should always be framed
within the context of how it will impact your Burning Platform.
Need more help? ActiveStrategy can coach you through the process.
Let us show you how.
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