Managing your strategy process
Strategy is not really a solo sport – even if you’re the CEO. At its most effective, it involves people and knowledge at all levels, inside and outside the organisation. Part of this is organising strategy creation, measurement and implementation in clever ways that work.
Frequency: Monthly and annually.
Key participants: You and your organisation.
Strategy rating: Strategy6
The CEO of GE decided the company should grow organically two or three times faster than GDP. It’s been described as an audacious goal. To achieve it, they redesigned their strategy process. Instead of annual, they wanted continual. Instead of complexity, they wanted simplicity. Real-time employee appraisements evolved to match the new rhythm ...
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