I recently wrote about monthly OGSM reviews which are important, regular check-ins to make sure you are on track with executing your business plan. In addition, quarterly in-depth reviews are an effective complement to monthly reviews. But what’s the difference …
The 11 Secrets Of Strategy Execution They Don’t Teach You In Business School
According to a recent survey(1) a staggering 67% of well-formulated strategies fail during execution. Let that sink in for a moment: two thirds of all strategies fail. With the following 11 secrets of successful strategy execution, your strategy won’t be …
How To Conduct A Monthly OGSM Review?
A plan is only as good as its execution. And to keep up with execution of your OGSM, it’s important to conduct timely and engaging review sessions to stay on track. But with a full schedule of meetings already in …
How Many Initiatives Should My Strategy Have?
When using the OGSM approach to strategy, I often come across the question of how many initiatives a strategy should have. In the following, I summarize what works best in my experience. When developing the implementation plan for your strategy, …
Why Good Strategies Fail And How To Avoid That Yours Does Too
Shockingly, 1 out of 3 business strategies fails and only about 50% of strategic initiatives are considered successful. This is a massive waste of resources and could sink a business. So why do so many strategies fail and what can …
How to Set Effective Measures to Implement Your Strategy
When using the OGSM methodology or developing any strategic plan, it is important to define strong measures that drive strategy implementation. This is how you turn your strategy into results. Measures are the M in OGSM and include key metrics …
What is Strategy?
A good strategy is critical for success. It connects an enterprise’s purpose with its activities. It is a roadmap for action and guides decision making. Yet, it is often poorly designed and mis-executed. OGSM can be a great tool to simplify strategy and deliver excellent results.