Last week, we teamed up with the Credit Union Executives Society (CUES) for a webinar on one of the most pressing issues on any executive's mind: How do I make sure our strategy gets executed?
You've probably seen the grim statistics. There's the one about how few employees can choose their company's strategy from a lineup—only 29 percent, according to one study. Or the one about how 61 percent of strategies completely miss the mark due to poor execution.
Fortunately, CEOs can take steps to put themselves on the right side of those statistics. That's what our CEO, Joel Trammell, and CUES CEO, John Pembroke, discuss in the joint webinar embedded below (also avaliable here).
After the main presentation, the Q&A (31:33 or so) surfaces some excellent execution-related questions, including:
- How do you keep employees motivated to execute strategy?
- When setting objectives with your team, what is the hardest issue you face?
- What's the best cadence for tracking results?
- Can you give an example of what a corporate, department, and individual objective might look like?