Start Major Initiatives With Strategic Alignment (Full Transcript)
[00:00:00] Speaker 1: One other piece of this that we've talked a lot about is who are your big strategy thinkers, right? How do we empower our leaders to say, you're going to do something big. Create your plan first. Who do you want to bring into the room to really do that high level strategic thinking, thinking about how the thing you're working on affects other processes. And make sure you do that work at the beginning. So before you set out in kind of mapping out what you're going to do, the things that are clearly under your roles and responsibilities, that you have input from other people who are thinking about maybe other areas of the firm that aren't front of mind for you.
- Leaders should create a strategic plan before launching major work.
- Identify the right strategic thinkers to involve early in the process.
- Consider how an initiative affects processes and teams beyond the leader's direct remit.
- Seek input from functions that may not be immediately top of mind.
- Early cross-functional thinking can strengthen execution and reduce blind spots.