What are the 5 Steps to Clarify and Design Your Business Strategy?
by Jeff Scott, on Apr 4, 2016 7:55:24 AM
[Updated April 6th, 2021]
A few months ago, I completed a round of in-depth research on the current state of business architecture practices. One of the areas I looked into was the architect’s role in business strategy execution. I found that most established and successful business architecture practices are deeply engaged in developing their organization’s strategy execution process. This is one of a series of posts to help identify, clarify, and design a strategy execution process.
The Strategy-to-Execution Process
The Strategy-to-Execution process provides a structured approach to clarifying, communicating, implementing, and designing a strategy. The goal of this strategy clarification process is to ensure the organization focuses on developing high-value business capabilities and making investments that optimize value.
Implementing the Strategy-to-Execution process ensures that executive intent is translated throughout the entire organization consistently which results in focused, coordinated, and synergistic actions. There are six basic elements of designing a business strategy to execute. The first step is Strategy Clarification which can be accomplished through the following steps:
Step 1: Locate “Strategy” Documents
Step 2: Rationalize and Read the Strategy-Related Content
Step 3: Structure the Strategy Data
Step 4: Articulate the Strategy Model
Step 5: Management Review #1
So what is the bottom line?
Strategy clarification is the essential first step of creating a well-designed Strategy-to-Execution process. It helps identify valid approaches to strategy realization and execution, while offering guidance to the organization on how to operationalize and design a business strategy.
Talk to an expert on strategy execution today to take our Enterprise Fitness Assessment to clarify your strategy and current state!