A strategy is a series of steps and predefined plans that lead or guide a team or individual to a desired outcome. A strategy or strategic plan is developed as a global dialog of methodical milestones that expand capacity and increase the probability of successful outcomes.
A critical first step before identifying the anatomy within a strategy, we must align the strategic partners that support the successful development and management of a strategy.
Establish the ownership of the overall outcome. A vital part of a strategy includes the clear identification of the strategies owner and their complete and total buy-in to the strategy. As the strategy is developed incremental benchmarks and milestones will likely have task and analytical owners. Each of these players are critical to the success of the strategies outcomes as they provide immediate validation and a detailed evaluation/observation of the engaged process.
The primary owner of the strategy is responsible for identifying the overall desired outcome. Not the process of achieving it but the definitive “must accomplish” objectives along with access to the essential internal resources; people, existing processes and budget.
Enlist a Strategist. A critical thinker that will unpack and evaluate the current state of the existing objective, identify that known barriers and confirm the desired outcome with the primary stakeholder (s). This strategist is typically skilled and well versed in problem solving, team building and conflict resolution. Interestingly enough, it is not that the strategist has direct industry knowledge as the primary elements of a strategy are universal and guided by industry specific data or market conditions that are typically readily available or inclusive in the current state analysis. Emphatically, a comprehensive understanding of the W’s that impact the objective will accelerate and increase the efficiency of execution.
The Anatomy of Strategy:
The anatomy represents that vital and most critical components of a strategy.
There may be non-vital elements added to a strategic plan however, the core anatomy includes the following starting with the end in mind:
Determine the desired outcomes -Conduct a current state analysis
Establish the tasks and Steps to create the delta from current state to desired outcome – Identify the roadblocks and process deficiencies
The anatomy represents the vital and most critical components of a strategy.
Identify the resources required to execute the strategy -Evaluate exiting resources and identify the needs and gaps that exist (workload distribution, financial allocations, processes and policy efficiency)
There may be non-vital elements added to a strategic however, the core anatomy includes the following starting with the end in mind:
- Determine the desired outcomes, you must understand what is not desired and in scope.
- Establish the tasks and steps to overcome the obstacles and meet the objectives head on. Understanding the roadblock
- s that are most likely provide you with the insight to navigate and plan for them.
- Identifying the resources needed to execute the strategy empowers the strategist and stakeholders. A well-developed strategy will likely be completed with managed expectations and fluid communication
. Of which both support the successful achievement of the predetermined outcomes.