Seven Strategy Questions: A Simple Approach for Better Execution

Seven Strategy Questions: A Simple Approach for Better Execution

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by Robert Simons
     
 

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ISBN-10: 142213332X

ISBN-13: 9781422133323

Pub. Date: 11/16/2010

Publisher: Harvard Business Review Press


To stay ahead of the pack, you must translate your organization's competitive strategy into day-to-day actions that will enable your company to win in the marketplace. This means channeling resources into the right efforts, striking a balance between innovation and control, and getting everyone pulling in the same direction.

How to accomplish all this?

Overview


To stay ahead of the pack, you must translate your organization's competitive strategy into day-to-day actions that will enable your company to win in the marketplace. This means channeling resources into the right efforts, striking a balance between innovation and control, and getting everyone pulling in the same direction.

How to accomplish all this? Continually ask the right questions, advises Harvard Business School professor Robert Simons. By posing these provocative questions, you identify critical gaps in your strategy execution processes, focus on the most important choices you must make, and understand what's at stake in each one.

In this concise guide, Simons presents the seven key questions you and your team must regularly explore together:

·Who is your primary customer? Have you organized your company to deliver maximum value to that customer?

·How do your core values prioritize shareholders, employees, and customers? Is everyone in your company committed to those values?

·What critical performance variables are you tracking? How are you creating accountability for performance on those variables?

·What strategic boundaries have you set? Does everyone know what actions are off-limits?

·How are you generating creative tension? Is that tension catalyzing innovation across units?

·How committed are your employees to helping each other? Are they sharing responsibility for your company’s success?

·What strategic uncertainties keep you awake at night? How are you riveting everyone's attention on those uncertainties?

These questions force you to reexamine the unspoken assumptions underlying your strategy and analyze how it's implemented through your business processes and structures. Simons' extensive examples then help you understand your options and make the tough choices needed for your company to excel at execution.

Drawing on decades of research into performance management systems and organization design, Seven Strategy Questions is a no-nonsense, must-read resource for all leaders in your organization.

Product Details

ISBN-13:
9781422133323
Publisher:
Harvard Business Review Press
Publication date:
11/16/2010
Pages:
224
Sales rank:
823,793
Product dimensions:
5.70(w) x 8.30(h) x 0.90(d)

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Seven Strategy Questions: A Simple Approach for Better Execution 5 out of 5 based on 0 ratings. 1 reviews.
RolfDobelli More than 1 year ago
Harvard professor of business administration Robert Simons believes that each organization has its own distinctive answers for success in strategic planning. Simons melds his extensive knowledge of business strategy, organization design and management control systems into a tightly focused, concise guide that illuminates the “seven strategy questions” everyone in your company should ask regularly and be able to answer. While this concise handbook may simplify in its quest to streamline, getAbstract recommends it to small business owners and corporate leaders as a powerful resource for uncovering the critical insights necessary for effective strategic planning.