An essential part of strategy realization is making effective decisions. Unfortunately, we often struggle with how to make good decisions, particularly in the face of uncertainty. The very human desire to make the best decision possible, and to delay decisions in the face of ambiguity and unknown factors, means that we often defer critically important questions. As a result, teams responsible for strategy execution struggle to get the guidance they need, waste effort and engage in unnecessary rework.
In executing strategy, there are numerous decisions that executives face. Decisions are required organizationally about the strategy itself. Choices are made about what projects to undertake, and which to defer. Complexities and uncertainties need to be addressed within and between individual projects. Competing interests need to be managed to keep projects focussed on the goals and desired outcomes.
We provide the guidance and expertise necessary to establish effective governance and decision making frameworks for your strategy execution efforts. We make sure that decision making roles and responsibilities are clear, and escalation paths are appropriate and relevant. The people who need to make decisions know the choices they are responsible for, the information they can expect and the timelines they need to support. Those who support decisions know the paths to be adhered to, the information and support they need to deliver, and the process that will be followed.
The result is the most effective choices being made by the right people and at the appropriate time, in order to maintain focus and ensure progress. Expectations are clear, boundaries are understood and implications are appropriately assessed.