These strategies can be modified for a small business or startup by scaling them down to fit the size and scope of the business. For instance, hiring doers that energize others can be translated into hiring passionate and motivated individuals who can inspire their colleagues. Making decisions quickly can be achieved by creating a lean and efficient decision-making process. Delegating tasks and following through can be implemented by clearly defining roles and responsibilities and setting up a system for tracking progress. Lastly, understanding the reality of markets, customers, and resources can be done by conducting thorough market research and customer analysis. The strategy process can be owned by the business leaders, and the operations process can be used to design new programs and tie performance to incentives, just on a smaller scale.
How do you translate strategy into results? Execution is both an organizational culture and a specif...
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