Getting Familiar With The Five Most Important Aspects Of Strategy Execution Process

For most businesses today, devising the right strategies and executing them in a successful manner, defines the level of their success in the highly competitive market. While most organizations employ qualified professionals to develop the most beneficial business strategies, they generally overlook the importance of so for the execution process. This is one of the major reasons why such business organizations falter in successful implementation of even the best of these plans. This problem can be easily overcome by hiring the services of renowned strategy execution consulting firms, which can help with the successful implementation of plans to ensure maximum benefits for the business.

In order for affirm to be capable of handling the various challenges of strategy execution, it should be aware of the following five important aspects of the process.

Identify And Align Strategy Projects: Each business organization has several projects going on at a single point of time. As such it is important for the strategy execution consultants to be capable of identifying the projects that can directly impact the success or failure of the plans and then align them with the policies that need to be executed. Each such project needs to be monitored for progress and performance and necessary modifications must be made to ensure that they help with successful execution of strategies.

Make Proper Execution Decisions: Executing a strategy involves taking countless decisions on a daily basis in accordance with information obtained from various sources. As such the business excellence consultants responsible for making these decisions should be able to analyze the information in the right manner and understand its impact on execution policies. They also need to access the present business mood, general market scenario as well as the results expected after the execution of the specific plans. This information plays a vital role in ensuring that they make the correct execution decisions.

Communicate Strategy Objectives: It is important for the strategy execution executives to not only have a clear understanding of the objectives intended to be achieved by specific plans, but also to be able to communicate the same to the business workforce. This helps the executives in extracting the performance level required for ensuring the successful implementation of plans and getting the desired results. Unless the workers involved in strategy execution clearly understand what needs to be done and why it needs to be done, executing it successfully is not possible.

Reward Exceptional Performance: Like with any other aspect of a business, identifying and rewarding exceptional performers is an integral part of strategy execution. Such recognition helps in motivating the workers to perform and behave in a manner which is consistent with the execution process. In addition it keeps them focused about the objectives of the plan and drives them to improve their performance, which can help is better execution and enhancing overall business growth.

4 Things You Can Do To Increase Employee Engagement

“When people are financially invested, they want a return. When people are emotionally invested, they want to contribute.” – Simon Sinek

No workplace can ever succeed if its employees are working solely for money. Till the time they do not get emotionally attached to their work, the efficiency would be less that 100% no matter what. Bonuses and increments are not enough to engage your employees all year round.

Employee management is a crucial part of the company strategy and many companies nowadays are hiring Employee engagement consultants to do this job for them. As People Management Consultants, we have worked in wide number of situations. Today, we would like to share some of our experiences with you. We have come up with 4 things you should do in order to gain employee engagement in your company.

1.   Assigning Work In Innovative Ways - Many people says, just assign interesting work to all your employees and they will be very happy. So, I want to ask a simple question to such souls. Should we eliminate the repetitive and boring work altogether? Anybody who owns a company knows very well, this is not possible. So I would say, you should rather assign a mix of work that is redundant and boring work sandwiched in two interesting tasks. This could help increase employee engagement without compromising on any work at all.

2.      Lunch-ons - This time could help you connect with your team/employees in an informal way. You can talk about their hobbies, what they do in their free time, what other skills they possess. This would help you create a personal connection and also you can use this informal knowledge in deciding the work for a particular individual.

3.      Walk-Around In Your Office - Like it is your living room (literally). Anybody would be more comfortable in an environment which feels like home. If you will be away from employees in your glassed cage, how will you ever be able to pose yourself as a role model and thus motivating them to be like you one day. Our surveys have proven that this small exercise helps a lot in increasing employee engagement.

4.      A Thank You Can Go A Long Way - Whenever you ask an employee to do some work for you, even though he is being paid to work for you, a thank you with a smile can go a long way in boosting his morale and his respect towards you. He/She will feel important and hence would work with a great enthusiasm.

5 Reasons Organisation Structure Can Help Companies Grow

Organizational structure is the set of policies and procedures that companies follow in order to ensure continuous growth of the company. Small companies usually do not need any structuring as the business owner is the one handling multiple tasks at a time. However in large organisations, proper structuring is very important in order to ensure smooth workflow and timely achievement of goals. Many companies nowadays hire Organization Development Advisors also.

The type of organisation structure may depend upon various factors such as company policies, size, type of operations etc. Being one of the Organizational Development Consultants, we can say with certainty that organisational structure is a must and here is why:

Reason 1 : In order to Streamline Operations

Small companies have lesser number of tasks and hence everything can be done parallel with a little effort in lesser time. As the company grows in size, the number of operations increases and hence it is very important to prioritize and distribute each task in a right manner. A proper organisation structure ensures that the work is distributed among various departments under the supervision of business owners, directors and managers.

Reason 2 : In order to improve Decision Making

Companies can use organization structure in order to improve the decision making process. A good organisation structure can ensure a streamlined flow of information right from the lower level to higher level and hence the decisions would be made keeping in mind the ground realities rather than assuming an ideal situation in mind.

Reason 3 : In order to operate in multiple locations

When the company expands and grows, it opens up in different locations. Visiting all the locations seem next to impossible for the business owner. In such situations, a proper organisation structure could help ensure that all the branches are run as per company standards and no compromise is being made in utilising the full potential of that location.

Reason 4 : In order to improve Employee Performance

A proper organisation structure is a must in improving the performance of employees. As far as an employee is not clear about his task, he won’t be able to give his 100% to it. Moreover, he needs continuous guidance from his seniors. A good organisational structure not only ensures all this but also makes sure that the decision making is participatory and inclusive.

Reason 5 : In order to improve Customer Sales and Increase Sales

A company that uses a well-defined organization structure remains more focused towards customer service rather than wasting their time on petty operational issues. When responsibilities are clearly defined and identified, the chance of errors reduces and hence customer satisfaction increases and a satisfied customer would ultimately lead to increased sales.