What is Strategic Effectiveness?
Strategic effectiveness is an organization's ability to set the right goals and consistently achieve them. Strategic effectiveness is at the core of a three-stage model as shown below.
The TSI ConsultingSM Strategic Effectiveness Model
The Formulation Stage of strategic effectiveness assesses the current situation, develops a clear strategic direction for the future, and formulates a strategic map for how the organization achieves that direction. Some consulting models refer to this stage as strategic planning. The Implementation Stage focuses on effective implementation of the strategic priorities and objectives outlined in the strategic map.
The Review and Adjust Stage provides regular opportunities to adapt both the strategy and the approach to implementation to meet ever-changing realities.
Overview of The Formulation Stage of Strategic Effectiveness
The Formulation Stage is driven by three questions:
What is the current situation?
To respond to this question, leadership identifies the organization's current strengths, its areas of needed improvement, and the critical issues it faces over the next three years.
What is the future the organization is trying to create?
Leadership creates a vision for the future and identifies the central challenge the organization faces at this point in time.
What is the strategic map for achieving this future?
Leadership identifies the few critical strategic priorities needed to meet its central challenge, as well as the key objectives that support those priorities.