Execute Your Strategy: Turn Planning into Results or Destroy it and Start Over Again WEBCAST
Overview
Organizations that execute a wise strategy succeed; others are executed in the market. Many organizations invest significant amounts of time in strategic planning but fall short when it comes to execution. According to McKinsey, most fail to properly execute their strategy. This session explores the critical transition from strategy to performance while challenging outdated planning models and myths. We often do not think of strategy in the same context of longer-term organizational projects like ERP transitions or risk management. Why should you consider killing your current plan and building a new plan centered around financial performance? We will dive into the reasons strategy fails, uncover the practical tools for bridging the planning-performance gap, and explore how strong financial integration enables strategy to succeed. We review insight into what works—and what must be stopped immediately. The author uses Coca-Cola as a baseline to communicate elements of strategy and incorporates funny videos to highlight key points.
Highlights
The strategy-execution gap . Why should financial planning lead strategy? Evaluating the lifespan and relevance of your strategic plan. Building your strategy to include risk management. Building an adaptive, finance-focused strategic approach. What we should learn from the rise and fall of major companies. How to align financial metrics with strategy.
Prerequisites
None.
Designed For
Strategic CFO and finance leaders.
Objectives
Dive into the reasons strategy fails. Uncover the practical tools for bridging the planning-performance gap. Explore how strong financial integration enables strategy to succeed.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Bob Mims, The Knowledge Institute, LLC
Bob Mims, CPA, is currently serving as a CFO and Chief People Officer for a startup venture. A three-time national instructor of the year for KPMG, Bob has also authored multiple courses for Fortune 500 brands in leadership, strategy, and accounting. He served terms on two advisory councils for FASB and currently chairs the Environmental Roundtable. Bob lives in Memphis, TN with his wife and large family with multiple pets.
Non-Member Price $119.00
Member Price $89.00