Imagine you’ve developed a clear and compelling strategy that addresses the most important challenges facing your organization. What could possibly distract you from such an endeavor? Quite a lot, in fact.
Don’t Let Distractions Derail Your Company’s Strategy
They can slow down progress and waste effort — but when managed well, they can also present new opportunities.
April 28, 2023
Summary.
An openness to experimenting, learning, and adapting is an essential characteristic of an effective strategy process. However, it’s easy to get distracted by both external and internal developments and opportunities. Leaders should avoid the temptation to micromanage and assert control to mitigate this risk. Instead, they should strengthen their strategic intent, improve individuals’ connections with the strategy, and encourage better discipline, channeling energies into more productive innovation activities.
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How to develop a winning strategy—and put it to work.
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New!
HBR Learning
Strategy Planning and Execution Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Strategy Planning and Execution. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
How to develop a winning strategy—and put it to work.