How can Leaders Bridge the ‘Strategy to Execution Gap’

Strategy to execution gap

Closing the strategy to execution gap is one of the most significant factors in the corporate world. It is very well quoted by Sir Thomas Edison, “Vision without execution is a hallucination“. As the countless industry leaders have proved very efficiently, having a strategy and a fixed aim is the main step, but less than fifty percent of the battle. Not so long ago, the strategy was regarded as the king, Strategic Leadership used to be the key element, not that it has faded now, but framing only the strategies won’t let you compete in this contemporary corporate world. Industry leaders used to immerse themselves in making strategies on how to achieve the goals of their company. It was assumed that planning such strategies would eventually pay off. But sadly this is not true; the results of many organizations from such well-crafted strategies were very far away from achieving. The simple reason for this is they failed to execute.

What industry leaders fail to understand is, the time has gone when strategy used to be the ace player, now is the time when they should stop beating around the bush, and start executing those well-crafted visions. The time has arrived when they should learn about bridging the strategy to execution gap.

Three Ways to Mend Strategy to Execution Gap:


#Create and Execute

An effective execution always starts with planning. For several reasons, the capability of effective execution can be well estimated during the early stages of implementation procedures. Many people following strategic leadership motto make action plans to handle the numerous initiatives required to get hold of a vision. Senior leaders, on the other hand, fail to hold individuals accountable for establishing and executing plans, for them a planned strategy may not be aligned always with the methods, which are significant for delivering results.

Don’t jump onto conclusions. Action plans are the building blocks of a successful execution, so plans and strategies need to be recognized before execution. Planning is not at all a waste of time. You should always remember creation and execution is very important. Execution without creation is nothing, in a similar manner, how creation without execution is nothing.

#Cooperation and Coordination

In order to mend the strategy to execution gap, cooperation, and coordination within an organization is very important. Most employees arrive with positivity and good intentions. They are happily willing to coordinate with their colleagues. The actions and decisions, which are coordinated and cooperated across the boundaries of an organization require much more than just words of wisdom and faith. All it takes is clear, well-defined roles and shared goals. These are the elements that provide a strong foundation on which coordination and cooperation can be established. People working together in an organization must acquire a sense of accountability, for taking up their job responsibility properly and fulfilling commitment.

#Change is Inevitable, So be ‘The Change’

The phenomenon of change is inevitable. Despite putting in their best efforts, many organizations fail to translate this knowledge in a direction of positive action. This is a very risky shortcoming. Positively embracing the change and innovation spirit will always be helpful in conquering long-term and new levels of victory, while being unwilling to adopt the change and maintaining rigidity can simply cause irreparable and some serious harm. For a successful business, one must be willing to develop and execute innovation strategies, and adjusting to marketing fluctuations.

Executing your strategies can be very challenging. But, in order to win, bridging the strategy to execution gap is very important.

Carrie Ann
Carrie Ann is Editor-in-Chief at Industry Leaders Magazine, based in Las Vegas. Carrie covers technology, trends, marketing, brands, productivity, and leadership. When she isn’t writing she prefers reading. She loves reading books and articles on business, economics, corporate law, luxury products, artificial intelligence, and latest technology. She’s keen on political discussions and shares an undying passion for gadgets. Follow Carrie Ann on Twitter, Facebook

Recent Posts

Should You Buy Into An Eventual Rivian IPO?

Should You Buy Into An Eventual Rivian IPO?

The upcoming Rivian IPO shows how it’s Tesla’s biggest EV competitor in the making. We spoke to automotive industry experts to find out if Rivian Automotive’s initial public
24 mins ago
What makes Netflix the first streaming success story?

What makes Netflix the first streaming success story?

Netflix has become synonymous with streaming movies and television. Not only that, Netflix reigns supreme in the world of streaming with mind-boggling 209 million subscribers. Here
1 day ago
Tesla’s Q3 results deliver high growth and revenue

Tesla’s Q3 results deliver high growth and revenue

Tesla’s total revenue grew 57% YoY at $13.76 billion, as it delivered more cars and witnessed a steady growth in other parts of the business.
2 days ago
Should you sit out on the Rivian IPO?

Should you sit out on the Rivian IPO?

Amazon-backed EV maker Rivian has filed for its initial public offering. We find out if the Rivian IPO is worth the price or simply the next internet bubble.
3 days ago
Bitcoin vs Gold: Here’s what experts have to say

Bitcoin vs Gold: Here’s what experts have to say

Many say that Bitcoin is the digital version of gold. While gold, like the dollar, is an outdated investment vehicle. We turned to experts to settle the bitcoin vs gold debate.
4 days ago
Best Pharma Stocks to Buy Right Now

Best Pharma Stocks to Buy Right Now

Industry Leaders has curated a brief list of the best pharmaceutical stocks you can buy right now, along with a list of pharma penny stocks that have the best potential to grow in
5 days ago