– StratEx Strategic Execution Office
Has your PMO run out of steam?
Many organizations have enjoyed the benefit of having a strategic planning organization and many have benefited from program management offices (PMO's). The biggest issue with both of these organizational structures is that they leave a gap between the strategic planning function and the execution layer. So the typical answer is to abandon one or both. The resulting loss of value damages the organization and as it turns out, is not the best answer available.
The Need
At the end of the day, when it comes to executing strategy, one critical question to ask yourself is:
In your organization, who is
accountable for strategic execution?
If you are like most organizations, the answer is somewhere between "none of us" and "all of us" which translates to "none of us". This is the problem we see in many organizations. There is no organizational locus of responsibility for the translation, execution and governance of strategy. What is needed and has been shown to be effective is the creation of a strategic execution office (SEO) to close the gap that strategic execution can fall into. A Strategic Execution Office is a small centralized organization that governs the way strategic plans are formulated, translated, executed and recalibrated over time.
The Offer
We offer two different types of service for organizations in the Strategic Execution Office area:
- For large organizations we design, develop and support the creation of in-house SEO capability. Larger organizations benefit in this type of implementation because they have the scale to afford the infrastructure. They also benefit because they develop capability that has lasting value.
- For small organizations we offer a service called Virtual SEO. Smaller organizations benefit from this type of service because it gives them the functionality that they need without the overhead. As the organization grows, we can migrate the function in-house at any time should that prove cost effective
If you would like to know more about how a Strategic Execution Office can be created for your organization, contact us for more information.