| 
																Key Question For 
																Strategy Leaders
																
																
																(see more) | 
															
															
																| 
																How do we 
																develop and 
																implement 
																business 
																strategy? | 
															
															
																| 
																Strategy 
																Implementation 
																Steps | 
															
															
																
																  | 
																
																 | 
																
																Key Challenges | 
															
															
																| 
																 | 
																
																Methodically defining and documenting strategy | 
															
															
																| 
																 | 
																
																Agreement on effectiveness measures | 
															
															
																| 
																 | 
																
																Managing the process | 
															
															
																| 
																 | 
																
																Major Steps | 
															
															
																| 
																 | 
																
																1. Justify a new or revised strategy | 
															
															
																| 
																 | 
																
																2. Document for internal and external communication | 
															
															
																| 
																 | 
																
																3. Implement and measure effectiveness across 
																organization | 
															
															
																| 
																 | 
																
																Success Criteria | 
															
															
																| 
																 | 
																
																1. Organizational understanding and alignment | 
															
															
																| 
																 | 
																
																2. Improvement in effectiveness measures | 
															
															
																| 
																  | 
																
																 | 
																
																3. Regular identification of growth opportunities | 
															
															
																| 
																Notes | 
																
																 | 
																
																 | 
															
															
																| 
																
																
																See the
																
																critical 
																questions in 
																strategy 
																development. | 
															
															
																| 
																
																
																See the
																
																Balanced 
																Scorecard 
																approach to 
																defining and 
																managing 
																strategy. | 
															
															
																| 
																
																
																See the
																
																
																Opportunity 
																Evaluation 
																Process. | 
															
															
																| 
																  | 
															
															
																| 
																Resources | 
																
																 | 
																
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