Manufacturing Magazine January 2020 | Page 118

Top 10 Strategy Execution trends

01 01 Strategic execution
The The CXO CXO demand a platform a to to enable strategy execution ex to be to be managed with with the the same discipline as as daily business . .
02 02 03 03 04 04
05
Dedicated platform
Specialised Specialised consulting consulting firms firms will will be replaced be replaced with with internal internal strategy strategy execution execution teams teams and and a dedicated
a dedicated solution to support them . solution to support them .
Data Data security and and reliability
With With risks risks in data in data reliability reliability and and security security
, leaders , leaders recognise recognise critical critical data data and and tools tools deserve deserve more
more respect than Excel and SharePoint . respect than Excel and SharePoint .
A A dedicated strategy execution C-suite
A dedicated A dedicated
C-suite C-suite leader leader and and supporting supporting team team will will be be established established to to deliver
deliver an organisation ’ s strategy . an organisation ’ s strategy .
Global delivery and execution
For For leaders leaders to to successfully cascade their their strategy strategy with with its its initiatives initiatives and and respective respective components components there there will will be be a a call call for for a a digital digital platform platform to to achieve achieve this this on on an an organisation-wide organisation-wide scale scale . .
06 06
Facts Facts and and evidence evidence take take precedent
precedent
With global delivery across With global delivery across thousands of individuals and their thousands respective
of individuals teams , common
and their facts and respective evidence teams will become
, common the facts bedrock and of evidence performance will become management the bedrock . of performance management .
07 07
A A digital digital boardroom monitors monitors performance
performance
Digital strategy execution boardrooms will offer Digital strategy execution boardrooms will offer real-time scalable insights aross the whole real-time scalable insights aross the whole organisation , monitoring execution through organisation , monitoring execution through progress and key outcomes in KPIs . progress and key outcomes in KPIs .
08 08
Guaranteed Guaranteed delivery delivery
Swift , guaranteed execution of the Swift strategy , guaranteed will be execution provided of through the a higher strategy volume will of be smaller provided scope through deliverables a higher , volume aligned of smaller to each scope other deliverables and the greater , goal . aligned to each other and the greater goal .
09 09
Procurement Procurement focus focus
With the stakes so
With high the with stakes regards so to the high successful with regards execution to the of the successful strategy execution , a formal , of standardised the strategy strategy , a formal execution , standardised platform strategy procurement execution process platform will emerge , procurement driven by the process CXO will emerge , driven by the CXO
10 10 Insights driving Insights action driving action
Predictive external analytics Predictive and AI , aligned external to analytics your and enterprise AI , aligned solution to your , will alert enterprise your organisation solution , to will future alert your risks organisation of your strategy to future ’ s failure . risks of your strategy ’ s failure .