Hormel Executing the Value Reinforced

A well-formulated business strategy can help make an organization more competitive, but only sustained strategy execution can assure long-term success. However, navigating from strategy development to execution is one of the biggest challenges organizations face in the information era, and few are successful. The impact on competitive advantage and profitable growth is profound.

Today’s leading organizations spend millions of dollars on formulating new strategies that are designed to propel the company past the competition. However, to execute the strategy, these same organizations invest significantly less, especially when it comes to the people side of the equation. This surprising reality is a missed opportunity.

Execution may start at the top of the organization but must cascade down to be successful. Traditional approaches to execution typically involve one-way information that flows from senior leaders to lower levels in the organization. However, these events fail to drive the necessary organizational alignment, mindset, and capabilities needed to achieve effective execution and business results.

Organizations can achieve successful execution and convert strategic plans into results by implementing four principles of execution designed to help organizations accomplish their most important goals in the face of competing priorities. The principles bring focus, clarity, engagement, and accountability to the workforce ensuring that the strategic goal is well executed and achieved.

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Executing the
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Executing the Value Reinforced