Whether you are learning the ropes of becoming a good manager or a seasoned veteran in managing people, understanding strategy implementation is crucial at every stage.
Strategy implementation is the process of converting plans into action to reach the desired goal. It is the art of getting things done. The success of the organisation depends heavily on how they tackle challenges and implement the strategies to reach their goal. Executing the processes require efficiency, effectiveness and consistency, and those factors will define how good is your organisation’s strategy implementation.
Here’s everything a manager needs to implement a strategy effectively:
1. Setting clear goals:
The goals you set should be crystal clear – not just to yourself, to everyone else in the organisation as well. Without a clear picture of what you are trying to work towards, the efforts go to waste. Establishing a plan without a clear goal is difficult.
When you are setting your goal, make sure you are setting a realistic goal and something which isn’t impossible to reach. Goals should be attainable.
Also, when setting your goals, make sure you are considering the variables that may hinder your team from reaching your goal. Ensure that you have contingency plans ready.
2. Determine roles and responsibilities:
Once you have determined the goals, the next task will be determining the road map for achieving these goals, setting your expectations with your team and communicating the entire plan clearly to the team. You can draw a clear outline of the tasks that will be delegated to every member and their responsibilities within the team. Establish a clear line of communication between everyone too. The success of a strategic implementation heavily depends on the relationship between the manager and the people he/she interacts with.
3. Plan execution and monitoring:
The next step is putting the plan into action. As a manager, you will have to actively support and guide your employees. You will have to delegate your time to help your employees and answering their doubts and queries. Listen to their feedback regularly and implement them. Monitor the progress and keep an eye out through regular reports.
4. Project closure and agreement:
Everyone on the team should agree on what should be the final output based on the goals set at the start. After successfully implementing your strategy, check in with your employees and departments to make sure that everyone is on the right track. Gather the necessary information and let every team member know about the progress of the project.
After the strategy is successfully implemented, look back on the process and evaluate how the things went. Ask questions like, did you reach the goal? What steps are required to reach the goal? What challenges did you face and what steps were taken to overcome them? What are the lessons learnt from the process? This review will help you work on the things that didn’t work out and becomes a learning experience.
Successful strategy implementation requires a certain amount of right skills to keep things on the right track. If you are a manager looking to improve your skills, you can enrol yourself for a strategic management course with LBTC. This course helps you improve your strategic management skills and learn how you can spearhead initiatives that enable your organisation to improve and innovate.