Strategy is Destiny? – By Arnie Wohlgemut
Strategic plans and tactical plans for facility and asset managers is a big part of my business.
So, I asked myself: why are they not always effective?
In an interview, Richard Kovacevich, former CEO of Wells Fargo Bank, suggested that what actually provides success and what is difficult to copy is not so much knowing what to do (deciding on the right strategy), but the ability to do it.
He had repeatedly argued that organizational culture and the ability to operate effectively (successful implementation) is much more important to organizational success than to have the right strategy.
How true is that!
The culture of action in an organization directly drives results.
He goes on to say, “I could leave our strategic plan on a plane, and it wouldn’t make any difference. No one could execute it. Our success has nothing to do with planning. It has to do with execution.”
Our actions – not our intentions – measure our success.
• Start doing those things you could and should do in the plan
• Start doing more than expected of you in the plan
• Start doing important things daily in support of the plan
Successful execution is destiny achieved.