What is your strategy velocity? - Part 2

Many strategies, plans, and simply good intentions get stuck in the process before ever being implemented. Ironically, people are so involved in developing, fine-tuning or finalizing plans that the strategic momentum for execution gets lost; and if the velocity is too low the plane doesn’t take off. Here are three tips to increase your strategy velocity and move to execution:

1. Be fast. Don’t re-discuss decisions or waste months in endless data and opinion gathering. You are the expert and you are accountable, so make the decision. For example, you can decide to listen to our recent podcast on decision-making.
2. Be straightforward. Don’t create complex fifty-page documents - it’s better to have a simple method but a followed-through one. You need a vision, goals, smart objectives, measures of success, and initiatives with owners and due dates. Set up a simple, yet consistent monitoring process.
3. Be clear. Clarity must be the first paradigm of your strategy. Communicate, involve, engage, document in an understandable way. A non-communicated strategy does not exist. A strategy that is not understood will never work out. 

Look back at a recent strategic undertaking of yours. What was your strategy velocity?

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