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The Execution Flywheel

EXECUTION FLYWHEEL THE EXECUTION FLYWHEEL METHODOLOGY allows organizations to move seamlessly from strategy development to strategy execution, while providing an idea of the tools required to monitor the success of the plan and activities of individuals in the organization. While the first four phases deal with the development and coordination of the plan, Phases 5-6 address plan implementation and execution. Achievelt's cloud-based software contains a full suite of tools that shortens the planning cycle, enables strategic decision-making, and powers accountability and execution. No other cloud-based application guides you through the entire Execution Flywheel with such focused precision. 6 PHASES OF EXECUTION 3 MON 01 FOCUS laní 06 PLAN 1.5 MON 3 MON 02 REPORT MONITOR 05 1.5 MON 1.5 MON 03 I STRATEGY DEVELOPMENT 2$ I STRATEGY COORDINATION ALIGN IEXECUTION MANAGEMENT 04 1.5 MON FORECAST 01. THE FOCUS PHASE is where organizations gather strategic business intelligence to focus on strategy development. 02. THE PLAN PHASE is where the strategic or operational plan comes together. The plan should contain five levels: strategic themes, goals, sub-goals, objectives, strategies, • Surveys to identify the company's mission, vision, values • Executive Interviewing • Internal capabilities gap analysis • External PESTEL analysis • SWOT analysis and tactics. • Balanced scorecard Key business processes Key performance indicators • Scorecards and dashboards 03. THE ALIGN PHASE 04. THE FORECAST PHASE allows the organization to assign all plan items to people within the company, ensuring that everything that must be carried out has an owner provides revenue and cost-savings forecasts, as well as implementation costs for every tactic contained within the plan. 24 with firm due dates and deliverables. • Due dates in m/d/y format Agreement on deliverables Accountability systems in place Budget assumptions for the plan • Calculations for ROI Resource requirements 05. THE MONITOR PHASE is where execution happens, requiring that the plan, balanced scorecard, and key performance indicators are evaluated on an ongoing basis. 06. THE REPORT PHASE is designed to supplement the work of the Monitor phase by providing systematic controls. Regular plan review sessions. • A reporting system that illustrates progress over time. • Dashboards to track and monitor business performance. • Scorecards to identify successes and failures Provided by www.achieveit.com Follow us on Twitter @goachieveit Achieve!t EXECUTION FLYWHEEL THE EXECUTION FLYWHEEL METHODOLOGY allows organizations to move seamlessly from strategy development to strategy execution, while providing an idea of the tools required to monitor the success of the plan and activities of individuals in the organization. While the first four phases deal with the development and coordination of the plan, Phases 5-6 address plan implementation and execution. Achievelt's cloud-based software contains a full suite of tools that shortens the planning cycle, enables strategic decision-making, and powers accountability and execution. No other cloud-based application guides you through the entire Execution Flywheel with such focused precision. 6 PHASES OF EXECUTION 3 MON 01 FOCUS laní 06 PLAN 1.5 MON 3 MON 02 REPORT MONITOR 05 1.5 MON 1.5 MON 03 I STRATEGY DEVELOPMENT 2$ I STRATEGY COORDINATION ALIGN IEXECUTION MANAGEMENT 04 1.5 MON FORECAST 01. THE FOCUS PHASE is where organizations gather strategic business intelligence to focus on strategy development. 02. THE PLAN PHASE is where the strategic or operational plan comes together. The plan should contain five levels: strategic themes, goals, sub-goals, objectives, strategies, • Surveys to identify the company's mission, vision, values • Executive Interviewing • Internal capabilities gap analysis • External PESTEL analysis • SWOT analysis and tactics. • Balanced scorecard Key business processes Key performance indicators • Scorecards and dashboards 03. THE ALIGN PHASE 04. THE FORECAST PHASE allows the organization to assign all plan items to people within the company, ensuring that everything that must be carried out has an owner provides revenue and cost-savings forecasts, as well as implementation costs for every tactic contained within the plan. 24 with firm due dates and deliverables. • Due dates in m/d/y format Agreement on deliverables Accountability systems in place Budget assumptions for the plan • Calculations for ROI Resource requirements 05. THE MONITOR PHASE is where execution happens, requiring that the plan, balanced scorecard, and key performance indicators are evaluated on an ongoing basis. 06. THE REPORT PHASE is designed to supplement the work of the Monitor phase by providing systematic controls. Regular plan review sessions. • A reporting system that illustrates progress over time. • Dashboards to track and monitor business performance. • Scorecards to identify successes and failures Provided by www.achieveit.com Follow us on Twitter @goachieveit Achieve!t

The Execution Flywheel

shared by GoAchieveIt on Jun 05
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Many successful organizations have adopted the Execution Flywheel approach to execution management, because of its emphasis on accountability and transparency. The Execution Flywheel includes monitori...

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AchieveIt

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Business
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