SystemicLogic held a strategy workshop recently and I would like to share some of the outcomes. The three main characteristics of strategy were found to be:
Each of the characteristics may not be perfect but a balance between all three is the key to a successful strategy. People should start in the area (Visionary, Informed or Contextual) they feel strongest and more knowledgeable in. However, if there are vague ideas from the outset they could start in the visionary area, research the subject and then adjust the vision accordingly as they accumulate knowledge. In essence a balanced approach may be more appropriate combined with a roadmap of how an organisation will achieve the goals.
The informed area consists of a Management Information System which is not just data. Data needs to be contextualised in order to become information so that people can make informed decisions. Information can be gleaned from sources such as assessments; for example: application suitability from both a business and technical view. Assessments such as this can identify strategic areas and individual, strategic ‘things’ that need to be fixed to realise a strategy.
The Realities of Strategy does not automatically mean that a good strategy means success; people must continuously question the impact of NOT doing something and ensure that a strategy is executed properly. Strategy is an iterative process, an ongoing conversation:
- Get an idea
- Test the idea
- Change the idea
If a strategy is wrong it should be fixed, it is not just a pretty document with a lot of thud factor!