Business Execution


   3 Month Access - $199
   6 Month Access - $249
  12 Month Access - $399

Business Execution: Understanding the Fundamentals

Overview/Description
Business managers are usually comfortable formulating strategy to enhance business outcomes. But what happens when plans fail to translate to reality? Why is business execution so difficult? Delivery is vital to the survival of all organizations, yet unclear plans, unsuitable workforces, and limited resources can have a detrimental effect on the best strategic ideas. Good leadership, having the right people in the right roles, and a business culture that’s focused on getting the job done are the cornerstones to building and maintaining a company that can execute its strategy. This course will review the drivers of business execution and the fundamental concepts that companies need to pay attention to in order to realize their plans. The course looks at the leadership behaviors that foster actionable strategy, as well as the value of selecting the right people for the right roles. It also considers how to create and manage a ‘get it done’ culture.

Target Audience
Anyone who wants to initiate the conditions, implement the strategies, and provide support for business execution in their organization

Expected Duration (hours)
1.0

Lesson Objectives
Business Execution: Understanding the Fundamentals

  • recognize why executing business strategy is difficult
  • determine if an organization’s workforce displays characteristics that support execution of strategy
  • recognize examples of leaders that display behaviors conducive to execution
  • determine if the steps to create a culture that promotes business execution are applied correctly in a given scenario

Business Execution: Crafting a Business Strategy that Executes

Overview/Description

Good planning gives your company a competitive advantage. However, a large proportion of the planned strategy often fails to materialize. This isn’t because of unforeseeable events but because the plans lack reality, failing to fully assess the implementation capabilities of the organization and its position within the environment. Executable strategy begins with a clearly-defined strategic direction that considers existing strategy, as well as internal and external influences. Strategic themes then enable an organization to develop a workable strategy that aligns with its goals. This course covers the criteria for creating an executable strategy. It helps you to develop a strategy by demonstrating how to evaluate strategic initiatives and then prioritize, assign accountability, and translate those initiatives into short-term actionable targets. The course also shows you how to direct your organization’s strategy by appropriately allocating resources to make those actions a reality. And it focuses on how to create a strategy that’s planned, integrated, measurable, and supportable.

Target Audience
Anyone who wants to initiate the conditions, implement the strategies, and provide support for business execution in their organization

Expected Duration (hours)
1.0

Lesson Objectives

Business Execution: Crafting a Business Strategy that Executes

  • apply the steps to define executable strategy in a given scenario
  • assess whether the steps for strategically selecting executable initiatives have been followed in a given scenario
  • apply the steps for creating strategic targets and assigning resources in a given scenario

Business Execution: Linking Strategy to People and Operations

Overview/Description

Creating exceptional strategy doesn’t on its own guarantee it’ll be executed successfully. Your people must develop an understanding of the strategy, and your work processes must be tightly aligned to maximize organizational performance. So how do you communicate strategy and secure alignment? Strategy needs to be translated from high-level themes into individual strategic goals. Otherwise, the strategy will be difficult to execute. Operational processes must work together to achieve goals because strategic progress is faster when business units are aligned, rather than working in isolation. This course offers techniques for effectively communicating a common understanding of the mission, values, and vision that drives your strategy. You’ll learn how to cascade balanced scorecard objectives to help employees understand how department strategy and their personal work connect to organizational goals. The course also explains the importance of incentives to achieve objectives and of evaluating organizational competencies to develop employees who can execute your organizational strategy.

Target Audience
Anyone who wants to initiate the conditions, implement the strategies, and provide support for business execution in an organization

Expected Duration (hours)
1.0

Lesson Objectives

Business Execution: Linking Strategy to People and Operations

  • recognize how to effectively communicate business strategy
  • recognize best practices for cascading balanced scorecards
  • recognize how to help employees link personal objectives with strategic objectives
  • analyze the process used to assess employee competencies in a given scenario

Business Execution: Monitoring and Evaluating Initiatives

Overview/Description

Execution isn’t over once strategies have been implemented. Ongoing monitoring and evaluation of strategic implementation are needed to ensure the strategy continues to create value and that changes in circumstances are taken into account. Strategy is useless if it’s static. Good execution requires a dynamic approach that scrutinizes the strategy’s effectiveness at junctures and reacts by revising it if necessary. This course considers the importance of continually monitoring and evaluating strategy to ensure good execution. It looks at methods of monitoring the execution of strategy, such as actions plans, dashboards, strategic review meetings, and measuring employee engagement. And it demonstrates a four-step process for evaluating executed strategy and examines the methods of effectively revising strategy.

Target Audience
Anyone who wants to initiate the conditions, implement the strategies, and provide support for business execution in their organization

Expected Duration (hours)
1.0

Lesson Objectives

Business Execution: Monitoring and Evaluating Initiatives

  • recognize the ways to effectively monitor execution of strategy
  • determine if the correct steps for evaluating strategy were taken in a given scenario
  • recognize reasons why strategy ceases to work
  • recognize how to revise strategy for good execution

Fostering a Business Execution Culture

Overview/Description

Even the best-conceived business strategies can flounder when the philosophies of senior management fail to translate in daily practice. This Business Impact explores the Benefits of establishing and encouraging an execution-driven culture within your company.

Target Audience
Individuals responsible for leading teams either occasionally, for example as project managers, or more permanently as team leaders or line managers.

Expected Duration (hours)
0.1

Lesson Objectives
Fostering a Business Execution Culture

Pave Your Own Path

Overview/Description
Attaining a position of market leadership is a primary goal for many companies. However, achieving and maintaining such status is extremely challenging. This Business Impact explores an alternate approach.
Expected Duration
7 minutes

Performance Dashboard or Scorecard?

Overview/Description

Performance dashboards and scorecards are powerful managerial tools. This impact explains the difference between them.

Target Audience
Individuals responsible for managing personnel either occasionally, for example as project managers, or more permanently as team leaders or line managers.

Expected Duration (hours)
0.1

Lesson Objectives

Performance Dashboard or Scorecard?




© 2016-2017 Core Project Management Essentials, LLC - All Rights Reserved.