Strategy development and execution are vital focus areas for leaders. At Karrikins Group, we’ve seen three specific ways leaders struggle: A side hustle mindset, a group dynamic of recycling conversations, and an ineffective set of processes. Dr. Julie Williamson looks at these three challenges in more detail.

Read the article: Strategy is Not a Side Hustle

Use these regularly as part of strategy progress checks, plus access more Karrikins Group resources on evaluating your strategy.

Setting and executing on an ambitious strategy that drives transformation is crucial in today’s business environment. Your strategy must be bold enough to shake apart deeply held beliefs, relationships, and organizational habits otherwise it will fail to transform your company.

How ambitious is your organization’s strategy? KG’s Julie Williamson, PhD shares seven questions to ask as you set strategy in 2021 – and – to evaluate how well your strategy delivered last year.

Read the article: Evaluating your strategy: Is it ambitious enough?

Neon sign in strategy X shape

How ambitious is your organization’s strategy? When building yours, there are seven key questions you should ask to understand if it is ambitious enough to drive transformation.

  1. What are the new / different sources of revenue?
  2. What are the new / different cost drivers?
  3. What changes are required in your supply and distribution models?
  4. What are the new capabilities your workforce will need?
  5. What leadership habits and behaviors need to change?
  6. What are the process outcomes that need to change?
  7. Who might leave the organization?

Perhaps the best way to know that yours is ambitious enough is that it seems like it will be hard to accomplish. Use these questions to challenge yourself and your team, plus access more Karrikins Group resources on evaluating your strategy.