Formulating Effective Strategy
Engineering Cascading and Achievable Corporate Objectives
Strategy Engineering: From Vision to Strategic Map
Modules
- Content: Analyzing the gap between planning and execution. Introduction to the “Integrated Strategy Framework” that links: Vision → Values → Strategic Pillars → Strategic Objectives → Initiatives.
- Activity: Critical analysis of real-world strategies to identify weaknesses in their architecture.
The Strategy Map: Causal Linking of Objectives
Modules
- Content: Applying the “Strategy Map” model as a tool to visualize cause-and-effect relationships between objectives across the four performance perspectives: Financial, Customer, Internal Processes, and Learning & Growth.
- Activity: Building a strategy map for a hypothetical organization, demonstrating how achieving learning objectives improves processes, thereby satisfying customers and leading to financial outcomes.
Lead Indicators: From Objectives to Intelligent Measurement
Modules
- Content: Designing “Lead Indicators” versus Lag Indicators (Outcome Indicators). How lead indicators measure the activities that drive future results and enable early intervention.
- Activity: Translating strategic objectives into measurable lead and lag indicators.
: Implementation Governance: From Plan to Rapid-Feedback Loops
Modules
- Content: Designing an “Execution Governance System” that includes: quarterly review cycles, rapid decision-making mechanisms, and strategic initiative management.
- Activity: Simulating a quarterly review session to track the progress of a hypothetical strategic plan.
Strategic Agility: Adapting to Change
Modules
- Content: Applying the “Strategic Agility Model” to review and adjust strategy amidst rapid changes, while preserving strategic constants.
- Activity: An exercise on modifying a hypothetical strategy map in response to market shifts.
Overall Goal: To equip participants with advanced methodologies for transforming corporate vision into an integrated strategic map, and designing an interconnected system of objectives based on clear, measurable cause-and-effect relationships.