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Five ways to keep your business strategy alive & thriving

You’ve put in the work. You’ve defined your business strategy, made key decisions, and set a clear path forward. But strategy isn’t a one-and-done exercise—it’s a living, breathing thing. If it’s not actively guiding your business every day, it risks becoming just another document collecting digital dust.

So, how do you keep your strategy alive and make sure it actually happens?

The Playing to Win framework, developed by Roger Martin and A.G. Lafley, provides a practical way to ensure your strategy remains a driving force in your business. Whether you’re familiar with it or not, this framework isn’t just theoretical—it’s an action-oriented approach to winning in your market.

Let’s break it down.

The five strategic questions

  1. What is our winning aspiration? In other words, what does success look like for us?
  1. Where will we play? Which markets, customers, and services will we focus on?
  1. How will we win? What is our unique advantage over competitors?
  1. What capabilities must be in place? What skills, systems, and resources do we need to execute our strategy?
  1. What management systems are required? How do we track progress, measure success, and stay accountable?

If you’ve already worked through these questions and built your strategy, great! But the real challenge is keeping these choices front and centre in your daily business decisions.

How to keep your strategy alive

Here are some ways to make sure your strategy doesn’t fade into the background:

  1. Use it to guide every major decision. Every time you face a big decision—hiring, launching a new service, expanding into a new market—refer back to your winning aspiration, where to play, and how to win. If the choice doesn’t align with these, it’s either the wrong move or a sign your strategy needs a tweak.
  1. Make it part of team conversations. Your strategy shouldn’t just live in leadership meetings. Talk about it in team huddles, performance reviews, and planning sessions. When people understand the big picture, they’re more likely to make decisions that support it.
  1. Measure what matters. Your strategy needs clear KPIs (Key Performance Indicators) to track progress. Whether it’s revenue growth, customer retention, or operational efficiency, set regular check-ins to review these metrics and ensure you’re on track.
  1. Adapt, but stay focused. Markets shift, competitors evolve, and new opportunities arise. Your strategy isn’t set in stone—it should adapt as needed. The key is to stay focused on your winning aspiration while adjusting your tactics when necessary.
  1. Hold yourself accountable. A strategy without accountability is just wishful thinking. Set up quarterly reviews where you and your leadership team assess what’s working, what’s not, and what adjustments are needed.

The bottom line

A great strategy isn’t about having the perfect plan—it’s about making clear choices and acting on them consistently. The Playing to Win framework gives you a structured way to do this, but only if you embed it into daily decision-making, measure progress, and stay accountable.

The best businesses don’t just have a strategy—they live it. Is yours alive and thriving?