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Execution Speaks Lounder than Words

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The beauty of the Balanced Scorecard method of strategic planning is that its a fully integrated planning and management tool.  It allows you to develop a very comprehensive plan for achieving the defined strategic objectives for the business and linking them to the performance outputs of divisions and staff within the business. However, at the end of the day it takes people to make things happen. To fulfill the actions for delivering results as defined in the planning process. This is where Execution is so important. It’s ‘where the rubber meets the road’ and the ‘proof of the pudding in its eating’. Without execution all we have is an attractive plan. What methods within the business have you found most effective in ensuring assigned actions are taken? What are the common impediments to fulfilling the strategic actions?

George

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