8. Strategy in Action: Implementation

Question 1

SAFE Criteria to evaluate strategy:

Answer 1

-Suitability
-Acceptability
-Feasibility
-Evaluation

Question 2

Suitability (SAFE):

Answer 2

-Does a proposed strategy address the key opportunities and threats an organization faces?

Question 3

Acceptability (SAFE):

Answer 3

-Does a proposed strategy meet the expectations of stakeholders?

Question 4

Feasibility (SAFE):

Answer 4

-Would a proposed strategy work in practice?

Question 4

Evaluation (SAFE):

Answer 4

Which of the strategies that are acceptable and feasible satisfy best the 3 other SAFE requirements?

Question 5

Objectives and Key Results (OKRs):

Answer 5

OKRs are an agile leadership and good management framework for result-focused work.

Question 6

Objective:

Answer 6

An objective sets a clear direction for everyone and is supposed to motivate you to work towards it.

Question 7

Key results:

Answer 7

Key results are levers you will use to achieve your objective. They are measurable and tell you if you are on the right path to your destination.

Question 8

Initiatives:

Answer 8

Initiatives describe what you will do to influence your key results.