We’ve spoken regularly about how to run effective strategy review meetings and the importance of communicating your strategy well.But we know that there are many people out there who have mastered the art of the strategy review meeting, and we wanted you to be able to hear their tips and tricks, as well!
We spoke to eight experts to uncover their number one strategy meeting tip and have documented their responses here. Enjoy!
1. “A mediocre strategy with great execution still has the promise of delivering value.”
“Given that ‘Strategy is a Hypothesis’ based on the best information available, what is true is that things will become more clear over time with more information…a corollary is that regardless of the rigor of the strategic analysis and planning, things will change. That’s why the strategy review meeting—a forum that allows leaders to monitor and test the strategy—is of critical importance.
“The periodic monthly or quarterly review of the strategic plan—reviewing whether the organization is ‘doing what it said was important’, as well as, ‘testing if the things you thought were important are truly important’—is critical to learning and adapting the strategy to meet the competitive challenges ahead. Don’t waste the time and effort committed in the planning stage with an execution plan that does not provide a means to learn and adapt.”
Mario A. Bognanno, Managing Director at Balanced Strategy Group
2. “Always plan your strategy meeting out in advance by creating a detailed outline that will keep you on task.”
World-Wide Business Centres
Office Space, Meeting Rooms, Virtual Offices, CoWorking Space
575 Madison Avenue – 10th floor
New York, NY 10022