Video: Translate Strategies Into Effective Operational Plans
Sponsor: Crowe Horwath
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The inability to
successfully execute strategy is more than frustrating; it can threaten the
very survival of your business. Well-intentioned but inadequately planned
efforts are often counterproductive and leave you yearning for a way to execute
the right projects, in the right sequence, to get the maximum business results.
In this video Doug Schrock discusses ways executives identify initiatives that
are most promising and maximize the effective use of the available assets to
achieve transformative change and propel the organization to the next level of
performance.
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How do you successfully execute a business strategy to get the results you need?
According to Harvard Business Review, up to 80 percent of companies fail to make the transition to new levels of performance despite good intentions and promising strategies. Overcoming these common challenges requires a management strategy that starts and ends with a business focus.
Organizations know their businesses need to deliver significant performance improvements. But, how to identify and choose among the many important initiatives and how to then implement those initiatives effectively to achieve real, measurable results is a common challenge shared by many organizations. In this video Doug Schrock discusses a solution that helps business leaders translate strategies into actionable steps that will produce results by:
Defining a set of desired results up front;
Defining how potential initiatives contribute to target objectives;
Identifying and choosing projects with highest possible return; and
Monitoring to ensure initiatives achieve desired results.
These steps can help businesses create a portfolio of realistic, actionable projects and identify the investment required and the projected ROI. The result is both a realistic timeline and a well-defined execution strategy that align with companies' organizational, financial, operational, and strategic goals. Unlike typical technology assessments, Crowe Horwath LLP's Business Results Road Map helps you identify uncommon threats and opportunities and can help you turn sound strategy into measurable and lasting performance improvement.
Learn how you can implement strategies that produce results. Watch this video now.
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