Developing and Executing Strategy

During this course, participants will develop a strategy that will take their business to the next level. This session focuses on building a business strategy and a strong vision, in addition to identifying the operating tactics that will make these things come to fruition.

You will learn to:

  • Understand how strategies are developed.
  • Communicate and translate a strategy.
  • Use execution tools for ownership, buy-in, and metrics that matter.
  • Manage risk.
  • Use innovation in strategic thinking.

Key take away: Develop a business strategy and communal vision with tangible execution tactics that will successfully lift your business to the next level.

Pre-Session Assignments

  • Assignment 1 – Keys to Good Execution
  • Assignment 2 – Can You Say What Your Strategy Is?
  • Assignment 3 – Traits of Great Leaders
  • Assignment 4 – Contracting for Coaching/Prepping for the Program

Estimated Time Commitment: 1-2 hours

Session Outline

Module 1: A Foundational Model for Strategic Success

  • Assess Current State
  • Competitor View
  • Self-Assessment
  • Forecast the Future
  • Define Your Strategy
  • Futures Wheel
  • Exercise: Strategic Model

Module 2: The elements of a good strategy

  • Define Your Strategy
  • GROW Model – Goals, Reality, Options, Way Forward
  • Communication Strategy
  • Monitor Progress
  • Exercise: Change Management – Communication Strategy

Module 3: Tools for "More Doing"

  • Stakeholder Analysis
  • Influence Strategy
  • Exercise: Stakeholder Analysis
  • Scope Management
  • Exercise: Defining the Scope
  • WBS
  • Exercise: Defining a WBS

Module 4: Risk Mitigation

  • Failure Modes and Effects Analysis (FMEA)
  • Exercise: FMEA

Module 5: The Blue Ocean

  • Advanced Strategic Thinking – Coalesce
  • Case Study – Southwest Airlines
  • Exercise: Blue Ocean – Innovative Strategy

Post-Session Assignments

  • Meet with manager to review what was learned in the session and your action plan
  • Group Coaching Forum #3

Estimated Time Commitment: 2 hours