Executives seeking to focus their organization on mission achievement act with strategic discipline. By committing a significant portion their time and attention to the long-term direction of the organization, executives are more likely to recognize and properly respond to marketplace changes in a way that fully harnesses and focuses their organization’s energy on mission achievement.
Strategic discipline is demonstrated by managerial behavior that consistently and deliberately supports performance of a combination of planning, execution, and monitoring and control programs. Executives exhibit strategic discipline by maintaining awareness of marketplace trends, preparing for planning activities, reinforcing program execution, and making decisions and directing actions that drive the organization to appropriately respond to market factors. Through these behaviors, executives focus the organization’s attention and activities on mission achievement.
About the Author
Nathan Ives is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.
https://www.strategydriven.com/wp-content/uploads/SDELogo5-300x70-300x70.png00StrategyDrivenhttps://www.strategydriven.com/wp-content/uploads/SDELogo5-300x70-300x70.pngStrategyDriven2007-07-24 12:44:012016-05-13 19:28:36Strategic Planning Best Practice 3 – Strategic Discipline
Strategy Maps: Converting Intangible Assets into Tangible Outcomes by Robert S. Kaplan and David P. Norton reveals how an organization can link performance measures covering the areas of operations, customer relationships, innovation, and regulatory and social processes to its mission and then leverage these ‘strategy maps’ to drive performance improvements.
Benefits of Using this Reference
StrategyDriven contributors like this reference because it illustrates how an integrated performance measurement system can be leveraged to drive organizational performance toward desired outcomes. This book is thorough in its discussions and provides the visual aids needed to make the concepts real to the reader.
Strategic analysis is a critical component of the strategic planning process. An integral part of a company’s evaluation and control program, it provides managers with a comprehensive assessment of the organization’s capabilities and market factors; revealing growth opportunities and vulnerabilities. Armed with this information, managers can more effectively choose from among today’s strategic alternatives to create the greatest future reward potential.
Strategic analysis combines in-depth information from a number of internal and external sources to create a picture of the subject company’s current health and future viability. A multi-phased approach to data acquisition and analysis includes:
Strategic Posture and Performance Analysis
Internal Capabilities Assessment
External Environment Assessment
Analysis of Strategic Factors
Strategic Alternatives and Recommended Actions
Execution of these iterative processes takes place throughout the year with a frequency dictated by the pace of both internal and external environmental change.
Focus of the Strategic Analysis Forum
Materials in this forum are dedicated to discussing the leading practices of companies that successfully execute strategic analysis processes to support the ongoing strategic planning process. The following articles, podcasts, documents, and resources cover those topics critical to a superior strategic analysis program.
The benefits of vertically cascaded and horizontally shared performance measures are maximized when the related measures share a common set of characteristics. Common construction of vertically cascaded measures enables easy roll-up of lower tiered measures to create higher tiered benchmarks.
Hi there! This article is available to StrategyDriven Personal Business Advisor Remote Access and Dedicated Advisor clients and those who subscribe to one of the article's
related categories.
If you're already a Remote Access or Dedicated Advisor client or a related category subscriber, please log in to read this article.
https://www.strategydriven.com/wp-content/uploads/ConstructionCharacteristics.jpg283424StrategyDrivenhttps://www.strategydriven.com/wp-content/uploads/SDELogo5-300x70-300x70.pngStrategyDriven2007-07-17 16:58:142020-10-24 16:23:44Common Construction Characteristics
The Essentials of Strategic Management (4th Edition) by J. David Hunger and Thomas L. Wheelen focuses on the founding principles and methods employed in both strategic planning and execution. Topics include strategy formulation, implementation, and control.
Benefits of Using this Reference
StrategyDriven contributors like this reference because its presentation is concise and direct while at the same time providing the detail needed to give the reader a fundamental understanding of strategic planning and execution. This book provides a full array of easy to follow tools and instructions that are ready for use by organizations of any size.
https://www.strategydriven.com/wp-content/uploads/SDELogo5-300x70-300x70.png00StrategyDrivenhttps://www.strategydriven.com/wp-content/uploads/SDELogo5-300x70-300x70.pngStrategyDriven2007-07-15 17:55:222016-05-13 18:16:05Recommended Resource – Essentials of Strategic Management
A VETERAN OWNED SMALL BUSINESS | Call or text now for a FREE consultation: +1 (770) 765-3692 | Website Login
Business Programs
Strategic Planning Best Practice 3 – Strategic Discipline
/in Strategic Planning/by Nathan IvesExecutives seeking to focus their organization on mission achievement act with strategic discipline. By committing a significant portion their time and attention to the long-term direction of the organization, executives are more likely to recognize and properly respond to marketplace changes in a way that fully harnesses and focuses their organization’s energy on mission achievement.
Strategic discipline is demonstrated by managerial behavior that consistently and deliberately supports performance of a combination of planning, execution, and monitoring and control programs. Executives exhibit strategic discipline by maintaining awareness of marketplace trends, preparing for planning activities, reinforcing program execution, and making decisions and directing actions that drive the organization to appropriately respond to market factors. Through these behaviors, executives focus the organization’s attention and activities on mission achievement.
About the Author
Recommended Resource – Strategy Maps: Converting Intangible Assets into Tangible Outcomes
/in Organizational Performance Measures, Recommended Resources/by StrategyDrivenby Robert S. Kaplan and David P. Norton
About the Reference
Strategy Maps: Converting Intangible Assets into Tangible Outcomes
by Robert S. Kaplan and David P. Norton reveals how an organization can link performance measures covering the areas of operations, customer relationships, innovation, and regulatory and social processes to its mission and then leverage these ‘strategy maps’ to drive performance improvements.
Benefits of Using this Reference
StrategyDriven contributors like this reference because it illustrates how an integrated performance measurement system can be leveraged to drive organizational performance toward desired outcomes. This book is thorough in its discussions and provides the visual aids needed to make the concepts real to the reader.
StrategyDriven Strategic Analysis Forum
/in Strategic Analysis/by StrategyDrivenStrategic analysis combines in-depth information from a number of internal and external sources to create a picture of the subject company’s current health and future viability. A multi-phased approach to data acquisition and analysis includes:
Execution of these iterative processes takes place throughout the year with a frequency dictated by the pace of both internal and external environmental change.
Focus of the Strategic Analysis Forum
Materials in this forum are dedicated to discussing the leading practices of companies that successfully execute strategic analysis processes to support the ongoing strategic planning process. The following articles, podcasts, documents, and resources cover those topics critical to a superior strategic analysis program.
Articles
Best Practices
StrategyDriven Podcasts
StrategyDriven Podcast
StrategyDriven Podcast – Special Edition
Documents
Whitepapers
Resources
Books
Common Construction Characteristics
/in Organizational Performance Measures, Premium/by Nathan IvesRecommended Resource – Essentials of Strategic Management
/in Recommended Resources, Strategic Analysis, Strategic Planning/by StrategyDrivenby J. David Hunger and Thomas L. Wheelen
About the Reference
The Essentials of Strategic Management (4th Edition)
by J. David Hunger and Thomas L. Wheelen focuses on the founding principles and methods employed in both strategic planning and execution. Topics include strategy formulation, implementation, and control.
Benefits of Using this Reference
StrategyDriven contributors like this reference because its presentation is concise and direct while at the same time providing the detail needed to give the reader a fundamental understanding of strategic planning and execution. This book provides a full array of easy to follow tools and instructions that are ready for use by organizations of any size.