Integrate strategy elements from "summary" of How to Think Strategically by Greg Githens
This topic focuses on understanding how to combine various elements of strategy to create an effective plan. It provides guidance on how to evaluate different strategies, consider the consequences of each, and make decisions that will bring the highest level of success.- Have some patience while building integrated strategic solutions. It's not about combining any random strategies, but instead methods with complementary features that will foster success.
- Create an implementation plan that defines specific steps that will be taken in order to integrate your strategies and how every component will be measured to ensure progress is being made.
- To effectively integrate strategy elements, consider the different aspects of a business such as operational goals, customer preferences, financial resources and organizational objectives.
- Select strategies to match your organization’s existing dynamics, as these can be important sources of leverage for moving forward.
- When developing integrated strategies do not ignore feedback from employees, it could provide valuable insight in understanding how to combine specific elements.
- Integrating multiple strategies is also a way to lower risks by assigning responsibility and accountability for different components of the plan.
- Take into account both external and internal factors during the integration process, from stakeholder needs to the particular values or culture shared by your team members.
- Evaluate periodically how strategies are interacting with each other and which one might need adjustment or further refinement.
