The concept of “cascading a strategy” is important, but incomplete. “Cascading Strategy” implies only a vertical downward movement of information. Although it is an appealing image, the concept misses the increasingly vital need to align and share strategies across organizational boundaries: to build alignment across an extended network of functions and geographies in order to deliver results.
Webster Dictionary defines “organization” as an organized body of people with a particular purpose, especially a business, society, association, etc. synonyms: company, firm, corporation.”
This podcast focuses on strategy translation and the three critical elements of understanding, connecting and aligning. It answers the question: What are the challenges in strategy execution for a leader who is new to management?
It’s a fact: Effective leadership requires both interpersonal skills and business acumen. Even the most dynamic and well-liked leaders are likely to flounder if they lack overall business sense. That’s because without a clear understanding of how business works, their goals are likely to ring hollow -- especially when employees recognize that these goals aren’t based on a strong understanding of the marketplace or technical/functional skills and knowledge.
Leaders in all roles are responsible for strategy translation: “connecting the dots” from a higher level business unit or functional or corporate strategy to the work of the local team. As we’ve said in prior posts—this work is really three activities: understand the strategy, connect it to the local level and align your work across boundaries. What’s interesting, given how important it is to do this well, is that most leaders learn HOW to translate strategy somewhat haphazardly—by watching others succeed or stumble, or through their own trial and error.
Too often, leaders craft smart strategies and then are disappointed by their results. The problem lies not within the strategy itself, but how it is interpreted and operationalized. Learn how to develop leaders, at every level in your organization, to use their cognitive and interpersonal skills to translate strategies into clear direction and aligned action. View the slides shown during our popular webinar, "Lost in Translation: The Missing Link in Strategy Execution."
Too often, leaders craft smart strategies and then are disappointed by their results. The problem lies not within the strategy itself, but how it is interpreted and operationalized. Watch the webinar below to learn how to develop leaders, at every level in your organization, to use their cognitive and interpersonal skills to translate strategies into clear direction and aligned action.