Staying on top of how well things are going

Question

How are the things going when staying on top strategy execution procedure?

Answer 1

Staying on top of how well things are going is as follows:

1. To stay on top of how well the strategy execution procedure is going, a manger requires developing a large network of contacts and sources of information, both informal as well as formal.

2. The regular channels contains talking with main subordinates, attending meetings and presentations, reading reviews of the newest operating outcomes, talking to consumers, watching the competitive responses of rival firms, creating onsite visits, exchanging e-mail and holding telephone talks with the people in remote places, and listening to rank-and-file workers.

3. One of the finest ways for executives in charge of strategy execution to remain on top of things is by making regular visits to the field and chatting with many different people at many different levels - a method often called managing by walking around.