HighPoint Associates’ Post

My colleague Alex Nesbitt just wrote an insightful piece on turning strategy into executional reality. The intent is never the strategy itself; it’s the outcome of the strategy (something important for any in consulting to remember). Read the below on how to realize tangible outcomes… #strategy #execution #acceleration #changemanagement 

The disconnect between strategic vision and operational reality is a persistent challenge for businesses. Despite meticulous planning, organizations often struggle to translate strategies into tangible outcomes due to a disconnect stemming from flawed, top-down approaches to strategy development. In our latest blog, HPA Senior Advisor Alex Nesbitt discusses the need for a shift in perspective to view strategy as a service that accounts for the day-to-day operational realities of employees. By developing and launching strategy that empowers employees as participants in its success, organizations can bridge the gap between vision and execution. #strategy #execution #changemanagement #leadership

It's very common for most organizations to struggle with the creation, prioritization and realization of strategic priorities. In our latest blog post, Adam Asch talks about this very topic. I'd love to know your thoughts!

Despite the critical importance of strategy in today's uncertain business climate, many organizations struggle to effectively formulate and execute strategic priorities that drive impact. This article explores the common pitfalls - from poor planning processes and inadequate leadership commitment to miscommunication and misaligned structures - that perpetuate the strategy-execution gap. https://lnkd.in/gARWTTfk

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Discover the key elements shared by industry leaders for successful corporate transformation. Explore now: https://lnkd.in/dPXVr8a #CorporateTransformation #BusinessLeadership #ppm #portfoliomanagement #projectmanagement #strategy #strategymanagement #strategyexecution #businesssuccess #decisionmaking #phasegate #NPD #innovationmanagement #newproductdevelopment #AgileInnovation #DataAnalytics #RiskManagement #BusinessStrategy #StrategicDecisions #Innovation #RiskMitigation #BusinessDecisions #ProductStrategy #BusinessInsights #GrowthStrategy #ProjectPlanning #MarketAnalysis #BusinessDevelopment #CorporateStrategy #ResourceAllocation #BusinessPriorities #gensight

As a CEO, your role transcends beyond strategizing; it's about invigorating your organization to act on those strategies effectively. It's about execution. What if you had a tool that not only mapped out your path to success but also propelled you along it? Enter Howwe – the application dedicated to simplifying growth. Howwe isn't just software; it's built upon a method where your leadership is the linchpin. You are the catalyst in a system designed to breach the gap between planning and doing. As a CEO, your hands steer this wheel. Howwe is your enabler, and you are the captain. For a deeper dive into why CEOs are the cornerstone of strategy execution and how Howwe can be your ally in this critical mission, read our article: "Under The Heat: CEOs Struggling With Strategy Execution". https://lnkd.in/ebWB6ixh #Leadership #StrategyExecution #BusinessExcellence #Howwe #CEO

You’re a business leader and you need growth, but you don’t have time to stop and press the reset button. A few years back, I worked with a luxury goods client that had this challenge. They had a solid base, but that base wasn’t buying at the same rate anymore. They needed to attract a new audience without alienating their loyal customers. We used the three-horizon planning approach to create growth from new markets whilst protecting the existing revenue streams.... In the pursuit of sustained growth while preserving existing operations, Three Horizon Planning (3H) is an indispensable strategic tool. I use it a lot. This framework, conceived by McKinsey & Company, strategically segments planning into three distinct horizons: 1.     Horizon 1 (H1): This initial horizon centres on the short-term, prioritising the optimisation of current operations while minimising associated risks. 2.     Horizon 2 (H2): The second horizon extends the planning timeline to the mid-term, focusing on identifying different avenues for growth and fostering innovation. 3.     Horizon 3 (H3): The third horizon unfolds as a long-term perspective, concentrating on groundbreaking innovation and exploring entirely new markets. The Significance of 3H Planning: 📈 Holistic Strategy: By harmonizing immediate needs with a far-reaching vision, 3H Planning facilitates alignment within organisations. 📈 Risk Mitigation: A core benefit lies in the ability to allocate resources to future horizons, thereby reducing vulnerability to market disruptions. 📈 Innovation and Growth: Horizons 2 and 3 foster a culture of innovation and diversification, bolstering an organization's competitive edge. Key Tips for Effective 3H Planning: ✅ Clear Communication: Achieving comprehension of the framework among all stakeholders is pivotal for alignment. ✅ Resource Allocation: Resource allocation must be based on the unique requirements and timelines of each horizon, which could entail reallocating budgets to nurture innovation in H2 or streamline operations in H1. ✅ Innovation Culture: Encouraging creative thinking and experimentation within the team nurtures an environment that drives innovation. ✅ Regular Review: 3H Planning is not a one-off endeavour; it needs ongoing adjustments to strategic priorities to remain in sync with evolving market dynamics. ✅ Embrace Agility: Remaining poised to pivot and react swiftly to emerging market trends is a critical asset in a constantly shifting business landscape. In essence, 3H Planning empowers business leaders to cultivate growth strategies that are dynamic, visionary, and well-prepared for future challenges. If you haven't used it yet, give it a whirl. #Leadership #Strategy #Planning

Dr. Christoph Knitter's recent Forbes article on successful business transformation! In today's fast-paced business world, adaptation is crucial, and Dr. Knitter, founder of Knitter & Associates, outlines six key principles for effective change. Firstly, setting a clear vision is paramount, ensuring it aligns with the organizational purpose and reflects corporate culture. Secondly, fostering open communication and teamwork enhances the chances of successful transformation. Remaining agile and committed to continuous learning is the third principle, allowing businesses to stay ahead in a dynamic environment. Fourthly, leadership is highlighted, emphasizing the importance of leaders trusting their teams and promoting innovation. Dr. Knitter underscores the importance of a strong culture, likening a company to a ship where culture keeps it steady during transformation. #BusinessTransformation #Leadership #Innovation

Feeling the strain of executing new strategies post-crisis? You're not alone. "Our balance sheet is strong, our portfolio matches the market, but our corporate narrative is outdated." - Financial Services CEO. Check out my latest article about how the 'Story of Value' tool can help modernize your corporate assets and align your teams. #BusinessStrategy #ValueCreation #Leadership