Many companies assume that simply having a strategy is enough for success. But a strategy on its own does not work unless the process of implementing and managing it is properly in place. Strategic management is the mechanism that allows a company to plan, monitor, and adjust its actions in order to achieve long-term goals.

This checklist will help you objectively assess the current state of strategic management in your company. By answering the questions, you will be able to identify the strengths of your approach, as well as areas that need improvement. This will allow you to:

Check how genuinely involved your team is in the strategic process.
Assess how ready your business is to manage change and risk.
Understand which tools and systems need to be put in place to achieve your long-term goals.

Assessing your strategic management is the first step toward making your business more flexible, adaptive, and competitive. The sooner you identify the gaps, the faster you can implement improvements and strengthen your company’s position in the market.

The checklist allows you to assess the key elements that determine a company’s ability to adaptively achieve its strategic outcomes:

The connection between strategy and day-to-day operations
The distribution of accountability and roles in strategy implementation
Monitoring and tracking the execution of the strategy
Managing change and adapting the strategy
Managing the resources needed to implement the strategy
Communication and employee engagement
Culture and leadership in strategic management
Innovation and strategic development

Checklist: "Is your strategic management actually working?"

Assessing your strategic management is the first step toward making your business more flexible, adaptive, and competitive.

If, after going through the checklist, you have a sense that your company’s strategic management system isn’t running as steadily as you’d like — that’s already a good reason to dig deeper.

Behind questions like these, there is usually not just a handful of isolated gaps, but a more systemic challenge: how to turn the company’s development from a scattering of initiatives, meetings, and disconnected decisions into a managed process — one that drives progress toward ambitious goals and delivers more predictable results.

Book a free consultation.

In a one-hour conversation, we’ll help you understand exactly where to start in your specific situation — whether that’s revisiting the strategy itself, setting up the strategic framework, working on goals, the management team, or the mechanisms for execution.

Book a consultation

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