What does strategy execution aim to minimize?
The gap between the aspired and realized strategies.
When does traditional strategy generation occur relative to execution?
Before strategy execution, sometimes months or years earlier.
What does the actual strategy describe?
The strategy the organization currently has.
How is traditional strategy typically generated and communicated for execution?
Top leaders generate it, then expect it to trickle down to those responsible for execution.
Why is organizational strategy dynamic during execution?
Internal or external circumstances can change, and new learning can prompt adjustments.
What three cycles make up the Short Cycle Strategy process?
Strategy generation, strategy execution, and an overall cycle connecting them.
How many steps generate strategy in the Short Cycle Strategy, and how many execute it?
Five generate strategy, and four execute it.
What does activating accomplish in the Short Cycle Strategy?
It makes key people receptive to new strategy and mobilizes resources for strategy generation.
Why is unadjusted five-year planning unrealistic in a complex, uncertain world?
Circumstances are too complex and uncertain to plan five years ahead without expecting adjustments.
What makes the strategy generation cycle emergent?
It benefits from unexpected events and unanticipated ideas.
Answer 10 questions on Short Cycle Strategy.
1. What is the central aim of strategy execution?
2. An organization is pursuing a desired future direction while also operating according to its current approach. Which description correctly distinguishes these strategies?
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