What starts, by design, as a small set of strategic objectives, rapidly becomes hundreds of strategic initiatives at any one time. To better align, manage and coordinate these initiatives, large organizations are increasingly setting their sights on developing a Strategy Execution Office capability. Such an office’s charter often includes implementing standards for goal management, managing initiative management and performance management.
Depending on culture, business needs and system maturity, the Strategy Execution Office’s control and influence varies significantly between organizations; from a consultative or coaching, hands-off support role to a directive function that takes control of initiatives.
Regardless of model, tomorrow’s Strategy Execution Office promotes standardization while achieving economies of scale and providing management and workers alike with real-time visibility into progress and results.