Strategy, Execution, OKR’s
Our definition of Strategy is “the art and science of developing and executing plans or strategems toward the achievement of the highest level aims or goals of an organization, or to solve a pressing problem”.
A Stratagem can be considered as an artifice or trick in how to achieve a goal e.g., beat the competition.
Strategy differs from a company's Purpose, Vision, or Mission but great strategy is totally aligned with each of those components.
Strategy Planning results in medium to long-term plans that are linked to many if not all organizational functions. It also helps define measurable Objectives and Key Results (OKR’s) that enable progress to be measured.
Strategy applies to non-profit as well as for-profit organizations.
Companies must regularly adjust strategy due to external and internal pressures. Business Value Group recognizes that strategic planning is a continuous process, not a one-time event. The best strategies define exact steps needed to achieve goals, making strategic planning an embedded part of the management system.
We help organizations plan, deploy, execute, and improve their business strategy and OKRs.
A simplified view of how to link initiatives to OKR’s.
Improve your goals and metrics by testing them against the model above.
Schedule a call with us to learn more about our services.