Strategy Execution During COVID-19

By
Education & Training with Joseph Doohan

During times of change and turbulence, it can help you to navigate the quickly evolving landscape and stay ahead of the game. These are five thoughts for keeping your Strategy Execution on track during COVID-19.

Strategy Execution can put an organization on the competitive map, but more importantly, keep it there. 

As this crisis unfolds, some organizations will be resilient. For some, this uncertainty will impact their businesses like never before. The actions of executives and their teams now, will significantly determine their future. 

 

Here are five thoughts to help keep your Strategy Execution on track during COVID-19. 

1. You may need to course correct 

Course correction is all about righting the ship and weathering the storm. The idea is that a strategic plan adapts to failure and overcomes unexpected obstacles. What’s more, it can involve plotting a completely new course for your business.

 

2. Keep your teams aligned

Almost overnight, because of COVID-19, offices closed and critical employees are now working remotely. It is crucial that you maintain alignment in the new remote environment. 

Leaders need to keep everyone connected, aligned and ensure the business is moving forward. 

Tools such as Zoom, Skype for Business, Slack and Microsoft Team can help with this. 

 

3. Relentlessly focus on your vision 

During COVID-19 the best organizations will decide what strategic items to keep, which to adjust and which to cancel. Initiatives that fall outside of scope should be cancelled to free up bandwidth and to enable you to focus on the key initiatives that will help you weather this storm. 

Source: https://inexusstrategy.wixsite.com/strategy 

 

 

4. Step up and lead – don’t fall into your operational comfort zone

The best leaders will be anticipating what is coming next week, next month and next year and course correcting the organization for the incoming changes. They will delegate, trust and provide support as their people as they make decision.

 

Source: https://beststrategyexecution.weebly.com/ 

 

5. Have a Strategy Execution System 

COVID-19 will see new strategic plans emerge as organizations adjust and course correct. As you formulate a new strategic plan, you must focus on creating as an executable plan.

Comments (4)

Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

Thank you for the strategy tips today, #1 is something I am always aware of as a Realtor, it seems we are often course correcting to get to our destination/goal

Jun 02, 2020 06:47 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

If it truly is darkest before the dawn, then we are going to have a heck of a sunrise! 

 

Jun 02, 2020 07:06 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Joseph,  Boy I like what Lise Howe came up with and it is so true.  Gald to see you blogging again.

 

Jun 02, 2020 09:00 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Joseph Doohan - stay focused on your vision and values and change your plan as needed.

Jun 10, 2020 07:32 AM