Strategy Realization for HR: Realizing the Benefits of Strategic Initiatives
Title: Strategy Realization for HR: Realizing the Benefits of Strategic Initiatives
Date & Time: May 24, 2016 @ 2:00 pm EST
Senior executives have been investing for years in ‘control based’ management approaches to improve results on their strategic initiatives. These include scorecards, project management offices, risk management, and change management, and while these have demonstrated real value, many organizations’ strategic portfolios realize only 64% of their intended financial value (with 1/3 of executives reporting their strategies realize only 50% of their intended value). Estimates of lost value on initiatives exceed $260 trillion in the US alone.
What accounts for the lost value in strategic initiatives? All strategy is change, and research at the Center for Strategy Realization indicates that ‘change leadership’ – how leaders engage with employees and teams during times of change- is strongly associated with improved realization of strategic outcomes.
Since it is these people & leadership factors that largely account for strategy realization, HR Leaders are well positioned, not only to drive substantial financial value in their organizations, but to enhance their own Professional Net WorthTM at the same time.
In this workshop, participants will leave with:
- A detailed fact base HR Leaders can use to surface strategy realization as a core issue with executives.
- A deep dive into each of the seven ‘Strategic Engagement Skills’ required for realization.
- An understanding of the their personal level of change leadership effectiveness and Professional Net WorthTM (including the interaction between the two).
- Insights into their organization’s level of maturity in change leadership and implications for the HR Function.
- The role of Human Resources in enabling improved realization, along with the required skill sets to add value in this way.
About the Presenter:
Kimberlee Williams, President – Center for Strategy Realization, guides global business, initiative, and HR leaders to dramatically improve realization and enhance their professional impact, influence, and income through strategic change leadership capabilities.
Kimberlee served in Merck & Company’s Strategy Office as the Global Head of Change Execution for the $46bb/90,000 employee base. She was also Executive Director, Strategy, Operational
Excellence, & Change for their $4bb Global Services & IT business. She is certified in the Balanced Scorecard, and is a Master Change Agent and Lean Six Sigma Black Belt.
Her approach has enabled $4bb in business value in 18 industries. She lives on the beautiful Hudson River waterfront across from Manhattan.