Connecting Strategy to Delivery – Using Viva Goals and BIG
May 16, 2024Using Business Integrated Governance to improve Strategy Delivery – Strategy Perspective and Deep Dive
June 5, 2024On the 8th May, the Business Integrated Governance (BIG) CIC supported the GO BIG Network in presenting an overview of BIG, with several perspectives. The event is summarised here.
The first part of the presentation covers the Challenges of Strategy Delivery – and includes a specific Strategy Perspective. It is available on YouTube here.
The key points include:
- The challenges of strategy delivery: The presentation identifies several challenges that organizations face in delivering their strategies, such as clarity, communication, accountability, agility, and integration.
- The dynamic strategy management approach: The presentation proposes a dynamic strategy management approach that views strategy as a living entity that evolves with the organization and the environment. This approach requires continuous monitoring, review, and adjustment of the strategy.
- The role of leadership and culture in strategy delivery: The presentation emphasizes the role of leadership and culture in energizing the organization and embedding the strategy into the corporate culture. Leaders must inspire and engage their teams, fostering an environment where the strategy is understood and lived by every member of the organization.
- The holistic and tailored approach to strategy: The presentation suggests that a successful strategy considers both the exciting prospects of change projects and the routine of day-to-day operations. It should be holistic, encompassing all aspects of the organization. Moreover, there is no one-size-fits-all solution; each organization must develop a strategy that aligns with its unique culture, context, and capabilities.
This presentation sets up the need for Business Integrated Governance to provide the framework through which Strategy can be delivered.
Next topic to be prepared:
- The role of Business Integrated Governance (BIG) in Strategy Delivery
Future topics from the BIG Overview are to follow:
- A Vision for the Capability Needed for Effective Strategy Delivery
- The Beneficiaries of Leveraging BIG
- Where to start – BIG Building Blocks
- A Change Lifecycle
- Call to action
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