Introduction

Let's talk strategy execution with none other than an expert — Stephen Bungay, author of The Art of Action and former consultant at The Boston Consulting Group.

In this conversation we'll cover the following:

• What is strategy?
• The 4 conditions required to need a strategy
• Does every organization need a strategy?
• The concept of strategic thinking and who should be doing it
• The difference between a plan and a strategy
• The 3 gaps in strategy execution
• How to avoid detail and provide clarity
• How to execute a strategy

In a nutshell, strategy is a framework for decision making. By providing such a framework, an organization has better direction to act and subsequently push the organization in a desired trajectory.

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Learn more about strategy, goals (OKRs & KPIs) & growth — visit the Perdoo Resources Hub.