Setting strategy is more than pointing in a new direction

With spring upon us, here are some of my thoughts on setting and implementing corporate strategy -

Imperative that those in corporate leadership functions, who's job it is to set corporate strategy, understand that there is more to setting strategy that just pointing a finger in a set direction.

Successful strategy demands:

• Clearly communicated goals and objectives
• A leadership team that is committed to achieving the goals
• Properly allocated resources for the duration
• No deviation in goals and objectives. No side-tours.
• A committed implementation team who has the power to implement
• One driver who can mobilize resources as needed
• Set clear and achievable, yet aggressive goals
• Set timeline and measurable milestones
• Assign clear responsibility
• Have a set of urgency: Commit to strategy, implement, move on to next set of goals and objectives

Failure: moving on to next thing without completing previous.

What are your thoughts?