Step 1: Get clear on what you’re actually trying to change
Before strategy, you need alignment on three things: what problem you’re solving, what the world looks like if you succeed, and what levers will actually create that change.
Without this, strategy becomes a debate about activities rather than outcomes. You end up with a long list of things to do and no shared sense of why.
Step 2: Choose what to stop doing
Strategy answers one question: what will we prioritise over the next 3 to 5 years?
That means setting milestones, defining success metrics, and, just as importantly, naming what you will deprioritise.
Lists are easy to build. The hard part is agreeing what doesn’t make the cut. That’s where most strategy processes quietly give up.
Step 3: Be honest about whether you can actually deliver this
Once priorities are clear, a harder question appears: do we have the capacity and capabilities to pull this off?
Map what’s required, what you currently have, and where the gaps are. Many strategies fail not because the thinking was wrong, but because these gaps were never named or addressed.
Step 4: Build the structure that lets people do the work
Capabilities only matter if the organisation is set up to use them.
This means getting clear on roles, leadership accountability, how decisions get made, and how teams work together. Culture and talent determine whether strategy moves or stalls.
Step 5: Turn priorities into real work
This is where strategy becomes something people can actually act on.
Teams take ownership of specific initiatives. Resources are aligned to what matters. Risks are named. And a regular rhythm is established to track progress and adapt when things don’t go as planned.
Step 6: Make sure it survives the next budget cycle
A strategy that doesn’t connect to annual planning will fade. Each year, budgets should reflect your priorities. Teams should set measurable results that tie back to the bigger picture. And what you learn should feed into what comes next.
This is how strategy stays alive rather than sitting in a folder.