Gaelle Lamotte’s company blog identifies the issues that can stop the execution of strategies and provides a framework to drive alignment and focus.
How often do you win with your strategy? Strategy development is useful for defining long-term goals. A good strategy is only as good as the capability to implement it and how well it delivers the desired outcome. Various research concludes: Organizations on average realize only 50 – 63% of the financial performance promised by their strategies. Others suggest that the figure is in fact less than 30%. Regardless of the data reviewed, it is not good news.
Key points in the framework include:
- Action plans
- Connecting people
Download the free PDF, Improve Your Ability to Execute Your Strategies, on the Strategy Management Partners website.