A STRATEGY IS ONLY AS GOOD AS ITS IMPLEMENTATION
A company’s strategy may be regarded as being the most important instrument affecting corporate success and the realization of the corporate vision. It is the starting point for growth, change and strategic course corrections – in other words: It is the most effective instrument for entrepreneurial action.
Today more than ever, strategies must be thought through and designed to be dynamic. They evolve steadily in the course of the implementation process. Systems and markets are dynamic, their responses are unpredictable and conditions are constantly changing. This makes the implementation of a developed strategy extremely challenging. However, iterative approaches and regular integration of new information provide an optimal framework for meeting this challenge.
THE STARTING SIGNAL FOR STRATEGY IMPLEMENTATION
Even the best strategy will only have the desired effect if it is implemented. Such an implementation process includes
- Translating the strategy into concrete action and devolving it to divisions, teams and individual employees
- Developing divisional strategies and concrete implementation plans
- Conceiving and developing strategic initiatives
- Informing, integrating and motivating managers and employees
Worth bearing in mind: Linking strategy implementation with the current situation, using the existing corporate culture as a starting point, is essential. Only in this way can the strategy and its implementation be made tangible.
FROM CO-CREATION TO ITERATION: CIDPARTNERS
Co-creative design of corporate strategies and their iterative implementation ensure quality and sustainability. In addition to jointly developed strategies, we also support our clients in the implementation of existing strategies within the company.
One of our strengths can be seen in the way we work in iterative cycles, actively collecting internal and external feedback and integrating changes and new knowledge levels appropriately into the strategy process. In addition, we rely on managers and employees to help shape the strategy in the course of its implementation. We also find it important to use a variety of communication channels in all phases of strategy implementation, because communication is an important key to a successful strategy process.
When implementing a strategy, we combine the knowledge and experience of our clients with our know-how from change management as well as utilizing the various skills and expertise of our consultants.