You do not need to work out which one before you talk to us. But most leaders recognise themselves in one of these immediately.
Value
“The world has changed. I am not sure our strategy has.”
The strategy is being executed well. It is built on assumptions about value that reality has moved past. Nothing downstream can fix that.
Execution
“We have a strategy. We are just not getting there.”
The direction is sound. Priorities, ownership, sequencing and evidence are not connected tightly enough for it to happen.
Judgement
“Everything keeps coming back to me.”
People know the strategy and cannot use it when conditions get hard. So the decisions climb, and the organisation runs through a few people.