Andy Kulkarni’s Post

"However beautiful the strategy, you should occasionally look at the results." – Winston Churchill The outcomes ultimately matter no matter how elegant or well-thought-out your strategy is. That’s why it’s crucial to pause, step back, and ask: Are we seeing the results we anticipated? Are our initiatives creating value? If not, why? ☑ 1. Strategies are only as good as their execution. ↳ Crafting a brilliant strategy is one thing, but how well is it being executed? ↳ Organizations can lose sight of whether the strategy drives real outcomes without regular checkpoints. ↳ Beautiful strategies mean little if they don’t produce measurable impact. Execution turns vision into reality. ☑ 2. Metrics tell the true story. ↳ Many organizations stick to the plan without analyzing key performance indicators (KPIs). ↳ Regularly assessing metrics helps determine if the strategy is working or needs adjustments. ↳ Ignoring metrics can leave you stuck in a plan that no longer serves its purpose. KPIs should guide your strategy, not just confirm it. ☑ 3. Strategies need to adapt to reality. ↳ No matter how well a strategy is designed, markets and industries shift. ↳ Organisations risk becoming irrelevant in a changing landscape without reviewing the results and adapting. ↳ Sticking to a strategy just because it once seemed right is not enough. Adapting strategy to the results is the key to sustained success. Ps. If you like content like this, please follow me 🙏

If we want to plan actions we have to define the strategy first, like we see in the image from the post of George Paras💡and the questions we must answer. When i made strategic plans as part of consulting projects we usually took one week, first reviewing the vision, mission, values, (actualized them or adding something) and for the part of strategy we must take time to focus to analyze different scenarios, information about customer, markets, trends, among others. The part of the strategy is what guides the actions, that is why is very important talk about the strategy thinking about the future we want to create and have the alignment very clear from the beginning. #management #2025 #future #innovation

Strategy Vs Planning

Creating a Strategy vs. Implementing a Strategy Creating a Business Strategy is fun to do, where you can be creative and build something that you are sure about will have an amazing impact on the company the strategy is made for. But, without implementing the strategy, it remains just a theory. Implementing and executing the strategy on the other hand is the real challenge, which might be the reason why the stats say that about 90% of strategy execution fails. Unfortunately, it is not possible to just get it done when it comes to strategy as there are plenty of challenges to consider. To make sure the implementation of a new strategy is successful – which is the difference between a successful organization and the rest – it is necessary to have the ability to adapt, prepare, and execute. Remember: "Strategy Without Execution is Hallucination." If you need support with creating and implementing a (new) strategy, let me know what the challenges are that you are facing. #BusinessStrategy #SuccessFactors #StrategyConsulting #CareerGrowth #ChangeManagement

Over 80% of strategic plans have no strategy. Want to know how to fix the problem? There is a great deal of misunderstanding around strategy and plans, so much so that the words are often used interchangeably and strategic plans have no strategy in them. The fix? Understanding that strategy and planning are complements not substitutes: Strategy asks things like: - What is our aspiration? - What customers will we target? - What value will we offer to them? ↳ Strategy positions us to win theoretically. Planning then asks things like: - What domains do we need to create? - What resources are required? - What timelines are feasible? ↳ Planning aligns us to win practically. Simply, strategy lays out the theoretical integrative choices that position us to win, and planning lays out the relevant projects that align us to win. And if in doubt, remember this from Roger Martin: "don’t be lulled into thinking that having a plan will save you from the fate of not having a strategy." What do you think? How do you view the differences and link between strategy and planning? Share your views. ------------------- 👍 React to support 💬 Comment with your views and tips ♻️ Please repost this to also help others ➕ Follow me, George Paras💡for more strategy Credit Roger Martin 'Strategy vs Planning' for the inspiration and thinking. ----------------------- 🙏 𝐏.𝐒. 𝐈 𝐡𝐚𝐯𝐞 𝐚 𝐬𝐦𝐚𝐥𝐥 𝐟𝐚𝐯𝐨𝐮𝐫 𝐭𝐨 𝐚𝐬𝐤. 𝐄𝐧𝐣𝐨𝐲𝐞𝐝 𝐭𝐡𝐢𝐬 𝐨𝐫 𝐣𝐮𝐬𝐭 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐡𝐞𝐥𝐩 𝐝𝐨 𝐬𝐨𝐦𝐞 𝐠𝐨𝐨𝐝? 𝐈 𝐚𝐦 𝐬𝐞𝐞𝐤𝐢𝐧𝐠 𝐦𝐲 𝐧𝐞𝐱𝐭 𝐜𝐚𝐫𝐞𝐞𝐫 𝐦𝐨𝐯𝐞 - 𝐞𝐯𝐞𝐫𝐲 𝐥𝐢𝐤𝐞, 𝐜𝐨𝐦𝐦𝐞𝐧𝐭 𝐨𝐫 𝐫𝐞𝐩𝐨𝐬𝐭 𝐡𝐞𝐥𝐩𝐬. 𝐓𝐡𝐚𝐧𝐤 𝐲𝐨𝐮.

Enlightening posts about #strategy vs #planning never get old - I'm amazed and amused at how many "managers" and "businesspeople" still can't differentiate these two and still are getting promoted and kept as retainers.

This is truely important when looking at integrated fire management.

🙏Plan and strategy are two distinct terms: 👉🏾Planning is a process, while 👉🏾strategy is logic. # Many people confuse these terms: 💥 Let me explain the difference. # The confusion often arises from how we use the term "strategy". # Sometimes, we use "strategy" to refer to special concepts like "strategic finance" or "strategic marketing." # Other times, we casually mention our plans to achieve goals, like saying, "My strategy to improve my grades is to study 10% more every day." # However, in the context of business or organizations, strategy has a specific meaning. 👉🏾If every plan or process were labeled as a strategy, things would become very confusing. 🫵Here's the key difference: ➟ Strategy is the underlying logic behind how an organization creates and captures value. ➟ Planning is the method used to execute strategy. 💫Put simply: ➟ Strategy sets the goals, while planning helps to achieve them. A strategy outlines the reasons behind an organization's actions. Here’s one of the best strategy breakdowns: a) Identifying customers and competitors (Market) b) Deciding on products or services (Magic) c) Utilizing assets and skills (Means) d) Making money (Money) e) Leveraging the environment (Momentum) f) Defining the purpose behind these actions (Meaning). 👉🏾This describes an organization's strategy, whether it's currently implemented or planned for the future. # None of this is about a specific plan. 🙌A plan outlines the steps, resources, and time required to achieve specific goals. 🙌Although a plan may align with a strategy, it's not the same thing. 🌟Goals are derived from the strategic logic and guide the planning process. 🌟This distinction matters because many organizations claim to have a strategy without truly understanding the overarching idea behind creating value. # They might have plans and goals but lack a proper strategy. 🙏The important question is:🙏 👉🏾Does your organization have a strategy, or is it simply operating based on plans?👈🏾 # melvynpyster # planningorstrategy # goals

‘Your business strategy is your principal SUCCESS THEORY‘ concludes Dr. Philipp Peitsch in his excellent new blog www.ambidexterity.io. A strategy must ‘focus the deployment of resources and align the operational decision-making.’ Too often, no real choices are being made. As a consequence, every initiative gets funded a little bit, vs. over-investing in our big bets that promise to deliver the biggest impact. And finally, it should answers the question: ‘Why will customers choose us over our competition?’ This might seem obvious to all of us, but try it out for yourself: does everyone in your team a) has an answer and b) the same one? Philipp also insists that our business strategy should make us feel uncomfortable. Because otherwise, we wouldn’t be bold, transformational and ambitious enough. And I agree — in my experience, discomfort and controversy always help us to defend our case, sharpen our arguments and push us to go beyond our (perceived) limits! Thank you, Philipp, for sharing your thoughts and experiences with all of us! Looking forward to your next blog posts 🤩 #strategy #businessstrategy #ambidexterity #choices

Thank you for sharing this MAJED AL MARZOOQI. This is a great breakdown of strategic planning that really hits home for me. Starting with a clear vision and turning it into actionable steps is crucial. In my experience, taking the time to understand where you currently stand through key analyses really sets the stage for smarter decision-making and resource allocation. One thing I’d add is the importance of Prioritizing Goals. It’s easy to have a bunch of SMART goals, but not all of them are created equal. Prioritizing helps make sure your resources go where they’ll have the biggest impact first, which can make all the difference in execution. I also love the emphasis on the iterative nature of strategy. The best strategies I’ve seen are those that stay flexible and can adapt as new information comes in. That adaptability is often what turns a good strategy into a great one. Curious to hear how others approach strategic planning and what’s worked for you! #strategicplanning #goalsetting #resourceallocation #leadership