How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comprehensive Implementation System
asavkin
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22 slides
Jun 06, 2024
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About This Presentation
The Strategy Implementation System offers a structured approach to translating stakeholder needs into actionable strategies using high-level and low-level scorecards. It involves stakeholder analysis, strategy decomposition, adoption of strategic frameworks like Balanced Scorecard or OKR, and alignm...
The Strategy Implementation System offers a structured approach to translating stakeholder needs into actionable strategies using high-level and low-level scorecards. It involves stakeholder analysis, strategy decomposition, adoption of strategic frameworks like Balanced Scorecard or OKR, and alignment of goals, initiatives, and KPIs.
Key Components:
- Stakeholder Analysis
- Strategy Decomposition
- Adoption of Business Frameworks
- Goal Setting
- Initiatives and Action Plans
- KPIs and Performance Metrics
- Learning and Adaptation
- Alignment and Cascading of Scorecards
Benefits:
- Systematic strategy formulation and execution.
- Framework flexibility and automation.
- Enhanced alignment and strategic focus across the organization.
Size: 1.67 MB
Language: en
Added: Jun 06, 2024
Slides: 22 pages
Slide Content
STRATEGY
IMPLEMENTATION
SYSTEM
Develop and execute winning strategies within the
complex business environment.
2024-1
BSC DESIGNER | STRATEGY PLANNING SOFTWARE
87% OF STRATEGIES FAIL
Poorly formulated strategies account for 45% of strategy failures.
* Source: Decomposition of the Goals in Strategic Planning: Full Guide
https://bscdesigner.com/strategy-decomposition.htm
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87%
BSC DESIGNER | STRATEGY PLANNING SOFTWARE
THE ROOT CAUSE OF FAILURES IS THE
GROWING COMPLEXITY OF THE BUSINESS
ENVIRONMENT
The business landscape shaped by Volatility, Uncertainty, Complexity, and Ambiguity (VUCA)
requires updating the existing strategy toolkit.
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BSC DESIGNER | STRATEGY PLANNING SOFTWARE
TOOLS FOR COMPLEX STRATEGY
BSC Designer integrates the tools and methods required for strategy execution in a complex
business environment.
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1. Strategy
Decomposition
2. Stakeholder
Management
3. Business
Frameworks
4. Strategy and
Functional Scorecards
5. Alignment or
Cascading
6. Strategy
Execution
Transform high-level aspirational objectives into sub-goals, initiatives, risks, and metrics (KPIs) to
achieve clarity and effectiveness in execution.
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BSC DESIGNER | STRATEGY PLANNING SOFTWARE 6
Source: Decomposition of the Goals in Strategic Planning: Full Guide
https://bscdesigner.com/strategy-decomposition.htm
Ensure coherence across corporate and functional-level strategies by aligning strategy and
functional scorecards based on perspectives, goals, or contextual relevance.
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BSC DESIGNER | STRATEGY PLANNING SOFTWARE 14
Source: Strategy Cascading: 4 Methods to Link Corporate and Functional Strategies
https://bscdesigner.com/cascading.htm
BSC DESIGNER | STRATEGY PLANNING SOFTWARE
6. EXECUTE STRATEGY
Maintain data consistency, track execution status, identify performance gaps, capture insights,
report findings to stakeholders, and learn along the way.
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KPIs
Subgoals,
Stakeholders,
Owners.
Split up strategic
ambitions.
Decomposition by
cause-and-effect, time,
external and internal factors.
HIGH-LEVEL LOW-LEVEL
By perspectives,
by normalized
goals.
Adjusting
strategy with
new inputs.
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“Great instrument to build up
strategy, control execution and
involve all team into realization of
vision.”
“When some team was losing the
focus on the project, the software
helped us to see problem on the
level of performance data and fix it
in an early stage.”
“The platform automatically
creates visually appealing strategy
maps. We have been able to
present complex strategies on a
single page.”
“BSC Designer had a very positive
influence on the implementation of
Balanced Scorecard gaining
commitment from everyone and
adding transparency to it.”
“We use BSC-Designer regularly
to help our clients to visualize their
strategy and keep control of their
vital metrics...”
Source: Balanced Scorecard Software – Customer Stories
https://bscdesigner.com/use-cases
BSC DESIGNER | STRATEGY PLANNING SOFTWARE
ONBOARD YOUR ORGANIZATION
Achieve the level of “Collaborative Strategy” characterized by:
●Strategic awareness,
●Contribution through data and insights, and
●Direct participation in strategy development.
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BSC DESIGNER | STRATEGY PLANNING SOFTWARE 21
Source: Strategic Planning: Who is Responsible and Who Needs to be Involved?
https://bscdesigner.com/strategic-planning-involvement.htm
BSC DESIGNER | STRATEGY PLANNING SOFTWARE
AUTOMATE YOUR STRATEGY WITH
BSC DESIGNER
Choose between Free, Professional, or Enterprise plan to start developing your strategy.
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BSC Designer - Pricing
https://bscdesigner.com/buy-bscdesigner