Many of these challenges arise from not having an enterprise level process in place to translate strategy into execution. In addition, business and IT architecture are often a missing link between strategy and execution. When this enterprise perspective is in place, organizations can more easily take a top-down, cross-business unit and business-driven approach to designing and planning change, which then flows into a coordinated set of actions for downstream business and IT execution. This results in increased speed to market for strategic and operational changes, and the ability to ensure the organization is focused on the highest priorities. It also provides a way to quickly reprioritize and replan initiatives on an ongoing basis to adjust for the constant flow of change.
The ability to move strategy into action, and constantly innovate and adapt to change, has now become competitive advantage in itself. The organizations that can execute in a coordinated way, and with agility, will win.