Align everyone’s efforts with the company’s objectives

Setting solid, aspirational goals isn’t something to take for granted.

To escape the pitfalls of the estimated 67 percent of well-formulated initiatives that failed due to poor execution, your company needs to take sensible action.

Following the excitement of planning, many teams slip into routines that include ad hoc chores or administrative issues that aren’t directly related to organizational performance. Employees will work on what is right in front of them or most urgent versus what contributes to the long-term goal if there is no daily reminder or insight into the plan.

By planning day-to-day work patterns that relate projects to a strategic goal, you can avoid falling into this trap. Imagine your management team holding daily stand-up meetings on essential subjects and tracking how much progress is made on short- and long-term goals using effective routines.

Get The Yellow Jersey

For a century, British cyclists were mediocre racers, according to New York Times bestselling author James Clear, until a new coach applied “the accumulation of marginal gains,” the philosophy of looking for a small margin of improvement in everything you do.

On a daily basis, the bikers redesigned, tested, and advanced in small steps until they achieved a different result. They won the Tour de France and dominated many Olympic tournaments. Their modifications were barely noticeable in the near term, but they were significant in the long run.

You want your company to wear the proverbial yellow jersey. The finest strategic execution techniques to bring you there are as follows:

  • Include broad internal involvement and reach into how work actually gets done.
  • Define everyone’s roles and responsibilities, as well as measurable outcomes for their work that link to the organization’s success.
  • Take into account that people are a limited resource, and measure available capacity.
  • Align individual self-interest with strategic goals (as in, it benefits and delights the employee to do the work required to reach company goals)

Work on the Correct Tasks

Failure to work on the right things indicates that employees do not know the long-term strategy, priorities, or purpose. Less than 10% of employees report that they understand their company’s strategy.

Plans and goals will evolve as the team becomes comfortable discussing strategy the right way.

Execution moves your organization to a culture that values purposeful work. Productivity improves and employees are fulfilled.