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Rhythm Blog | Strategy Execution

by Patrick Thean and the Rhythm Team

Hey CEOs! Bring Your Data to Life with Rhythm Integration

Ryan Walcott Thu, Jun 20, 2019 @ 11:57 AM

CEOs and business leaders spend a lot of time and energy working to hunt down important data and make the right decisions to grow the business based on what they find. The hunt requires time, skill, effort, and consistency. Often teams of people are involved whose whole job responsibility is to collect data and present it in a way that can be understood and acted on.

Understanding and acting on the right data is where things get very difficult and often complex. I've been in countless meetings where stale data is presented in pretty charts. Most of the team in the meeting doesn't understand it and in no way acts on it. Most in the room are embarrassed to speak up for fear they will look stupid, so they nod and go along with the presentation hoping to get out of the meeting as fast as they can so they can get their large pile of work done.

Why You Can't Miss the 2019 Breakthrough Conference

Jessica Wishart Thu, Jun 6, 2019 @ 11:04 AM

"Spectacular keynote speeches, incredibly, relevant, informative breakout sessions. Thank you!"

“Loved the human element of business that these sessions brought to the conference”

“Very powerful speakers on Breakthroughs… keep it up!”

“Just kudos. I really enjoyed the speakers. Great insights!”

"The registration/check in process was fantastic! Easiest and friendliest group of people. Thank you!”

The secret’s out - our attendees love our Breakthrough Conference. We have some clients who have attended and brought their teams every single year. Want to know what you’ve been missing? 

The 5 Best Change Management Books To Get You Ready for Organizational Change

Ted Skinner Fri, May 31, 2019 @ 02:00 PM

"Any change, even a change for the better, is always accompanied by drawbacks and discomforts." -Arnold Bennett

Whether you or an external force initiated the changes that are about to take place, preparation is essential for you and your organization. Change management tools can be the catalyst for immense success or supreme failure.

Early on in the process, develop a think rhythm about the future adjustments, the impacts of change management, and an employee focus.  Change management is much harder than project management or business processes, as you are dealing with human beings that have feelings that they bring to the workplace.

Scaling Up Your Business with Rockefeller Habits 2.0 With These 16 Questions

Barry Pruitt Fri, May 31, 2019 @ 11:00 AM

It’s summer. Bright blue skies, puffy cotton candy-like clouds, and colorful flowers abound in gardens everywhere. This description is also a metaphor for the mindset and optimism of entrepreneurs. And in that mindset, like an approaching hurricane for your garden, lies danger not yet encountered. In fact, even serial entrepreneurs make minor mistakes that wreak hurricane-like havoc on their carefully planted business. You need a contingency plan for health and safety prior to a hurricane, and you need a contingency plan for when things go wrong, or you’ll never be able to be successful scaling up your business.

The approach of detailed business contingency planning is one for growing an established business. I won’t address that in this blog as the pattern I’ve seen is that so few entrepreneurs and their business make it to the established, growing stage. I’ve seen many get stuck at $15-50mm in revenue while struggling to break past their growth barriers. My advice here is targeted to those companies. If your business is larger, let this be a reminder of the contingency basics. And, if you have a larger business that doesn’t have contingency planning in place, let this be a warning.

The Five C's of Leadership and Team Accountability (Updated for 2019)

Cathy McCullough Fri, May 31, 2019 @ 09:00 AM

From a leadership perspective, there’s a real thirst for increasing leadership accountability. Executives have recently asked me various questions that linger over the concept of building team accountability to help them achieve their strategic plans while creating high performing teams:

“How do I build accountability in teams?

What else can I do to get people to do what we need them to do?”

“How can I hold a team member to be held accountable and still be seen as a good leader?”

"How do I balance leadership accountability and personal accountability when building a team?"

Building team accountability requires that we understand a few dynamics because it’s more complicated than we might recognize.  It goes above and beyond the responsibility for the outcomes, which is obviously important, but effective leaders know that they need a culture of accountability in their teams that provide the inputs needed to achieve the expected team performance.

CEOs Need an Enterprise Business Execution Platform

Ryan Walcott Thu, May 16, 2019 @ 12:43 PM

Have you ever wondered just what is going on in your business, how well things are going, and why? How can you know for sure that your people and teams are focused and aligned to achieve your long-term growth strategies and goals? How can you ensure you are doing the right things to attract the best talent and keep them happy in your company so they won’t leave you? These are all questions that an Enterprise Business Execution Platform can help you answer.

Focus Like a Magnifying Glass to Expand Your Power

Barry Pruitt Wed, May 1, 2019 @ 12:00 PM

My Dad was a chemist working on, among other things, the Proctor and Gamble team that brought Cascade to the market. It was a fun childhood for me because my dad was always tinkering or experimenting with something. I remember one experiment in particular that was assigned to me on a hot summer morning. It was one of those bright, already hot at 9:30 am days. My dad sent me out of the house with directions, a magnifying glass, some old newspapers and a stopwatch.

The CEOs Strategy-Execution Gap...And How To Fix It

Cindy Praeger Tue, Apr 30, 2019 @ 10:44 PM

Written by Cindy Praeger and Eskinder Assefa

A fairly significant body of research now clearly shows that the reason why a number of mid-to-large companies face is not because their strategies were not sound, but because they were unable create a culture of strategy execution to perform well on those otherwise sound strategies.

7 Keys to Mastering the Rockefeller Habits and your One-Page Strategic Plan (OPSP)

Patrick Thean Tue, Apr 30, 2019 @ 08:27 PM
I was in Jakarta speaking at Taipan 2013. We had the strongest showing at Taipan ever with 220 people! CEOs with their teams worked hard on their business. I had a wonderful time. EO Indonesia and EO Malaysia were such wonderful hosts, making the event very memorable. My one day session on Rockefeller Habits (Scaling Up) and the One-Page Strategic Plan template was adjusted for two different types of teams in the audience: teams being introduced for the first time to this framework and experienced teams who wanted to take it further.

The Role of 3 Year Strategic Plans

Patrick Thean Tue, Apr 30, 2019 @ 04:00 PM
There are many views or definitions of strategy. Renowned Harvard Business School professor and strategy expert Michael Porter provided one that I like because of both its simplicity and clarity. Porter defines strategy as:
  • the creation of a unique and valuable position, involving a different set of activities.

Porter argues that tactical improvements or operational efficiencies are not strategies but that the essence of strategy is to perform a different set of activities from that of your rivals. For many businesses, regardless of size, strategy work may get completed annually but there is a disconnect between strategy and performance. There have been many books and articles written on the topic of “Execution”.  An Execution framework is critical to be certain, but outstanding execution will not rescue strategy that lacks focus or differentiation. To be successful, a company must master the three areas of Strategic Growth: Strategic Thinking, Execution Planning, and actually Doing the Work. Data from a Bain Consulting study, notes that seven out of eight companies in a global sample of 1,854 large corporations failed to achieve profitable growth, though more than 90 percent had detailed strategic plans with much higher targets. The Harvard Business School (HBS), in a 15 year study, has looked at root causes of the disconnect between strategy and performance. They have learned that most organizations do not have a strategy execution process. Many have strategic plans, but no coherent approach to manage the execution of those plans.