View all programs within: Business Acumen, Strategy

Making Strategy Work: Leading Effective Execution

DateLocationCostCourse
Sep 19, 2016 - Sep 23, 2016Philadelphia, PA$10,250
Mar 27, 2017 - Mar 31, 2017Philadelphia, PA$10,250

Program Overview

Research indicates that a large number of organizations fail to execute their strategies successfully. The problem isn’t with planning — most strategies are well developed — it’s with doing. Making Strategy Work: Leading Effective Execution focuses on the six key factors involved in implementation, including leadership and culture, talent management, implementation modeling, change management, responsibility, and incentives and controls. It provides a logical approach to execution that works for any organization in any industry. Participants will leave with specific skills and tools needed to overcome even the most challenging obstacles to strategy implementation.

Program Highlights & Benefits

  • Consider strategy implementation from a range of lenses including leadership, organizational culture, talent management, and change management
  • Create a plan for dealing with your organization's most critical execution issues
  • Learn different leadership styles for managing change and under what conditions they should be used
  • Understand how to get buy-in, clarify responsibility and accountability, and create proper incentives
  • Learn how to coordinate execution efforts across functions, and use stakeholder analysis to determine who should complete which tasks

 

Impact & Experience

This program draws on the real-world experiences of over 400 managers cited in Wharton professor Larry Hrebiniak’s book Making Strategy Work. As academic director of this program, he identifies six factors on which successful strategic implementation depends, and this program shows participants how to address each one. It also provides a model for integrating those factors in an organization-wide effort.

This highly practical, hands-on program uses a blend of relevant case studies infused with current strategy implementation techniques, group discussion, and exercises to give you a broad perspective of strategy formulation and implementation. You will strengthen your leadership capabilities and improve your ability to influence and get buy-in across your organization. Making Strategy Work is beneficial even if you have an MBA, as it tackles cross-functional and silo-busting issues related to strategy implementation.

Session topics include:

  • Culture and Strategy Implementation
  • Leadership and Execution
  • Stakeholder Analysis and Implementation
  • Strategic Change
  • Strategy, Structure, and Organizational Performance
  • Talent Management

The Implementation Audit

A highlight of this program is the Implementation Audit. Designed by Professor Hrebiniak, the audit is a highly personalized exercise that focuses on participants’ specific execution issues. This critical first step in solving those issues helps participants rate and rank them, analyzing the obstacles that could get in the way of successful integration. Participants then create a plan for overcoming those issues. Finally, they present their organization’s particular strategy challenge for immediate feedback from a group of peers and from Wharton faculty.


Who Attends This Program

Making Strategy Work attracts a diverse group of participants, including global executives in manufacturing, medicine, financial services, and law. The program is best suited for executives who have some experience in formulating strategy. Individuals moving into a position that requires strategic planning may also benefit because they will have the opportunity to consider the full process of formulating and implementing strategy through this program.

Participants leave the program with an expanded network of global peers, a set of actionable goals, and specific tools and skills they can use to better execute strategies within their organizations.

To further leverage the value and impact of Making Strategy Work, we encourage companies to send cross-functional teams of executives to Wharton. We offer group enrollment benefits to companies sending four or more participants to this program.

Faculty

Our faculty draws from their immersion in the field as researchers, teachers, and consultants.

Program Logistics

Tuition for Philadelphia programs includes lodging and meals. Prices are subject to change. Contact Wharton Client Relations for more information by email or by phone at +1.215.898.1776.

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Testimonials

Ekaterina Golovchenko

“A big benefit of Wharton is the network. The diversity of people that these classes attract and the way we all interact and share our issues was truly an amazing experience.”
Ekaterina Golovchenko, TE Connectivity

 

 

View all programs within: Business Acumen, Strategy

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