What is strategy execution management?
Strategy Execution Management (SEM) is the technology-enabled execution of critical business programs to deliver measurable enterprise-scale results – such as revenue uplift, cost improvement or market share gain. Unlike standard program management, effective Strategy Execution Management is:
- Outcome-focused: Tracking activities and managing deadlines are foundational to any kind of business execution, but managing “on-time and on-budget” alone is not enough to guarantee the right business results
- A balance of art and science: All program teams need data and process to succeed, but driving sustained strategic change also requires engaging an entire organization in a shared mission based on each team’s distinct business, cultural and political context
- Methodology-driven: Strategic programs do not follow a formula, and each type of strategic program requires a distinct approach, defined by organizational experience, team expertise and outside advisor guidance
- Agile: The only constant in strategy execution is change, and successful execution requires the speed to ramp-up new capabilities quickly, as well as the flexibility to constantly adjust execution based on learnings and changing business requirements
Organizations have traditionally used a range of tools to support strategy execution, but Shibumi’s SaaS platform has been purpose-built for the unique requirements of strategic programs.