Strategy Without Action Is Just Wishful Thinking
Despite the time and effort leaders put into crafting a clear business strategy, one of the most distressing statistics is that, according to a recent IBM survey, 90% of strategies fail to meet expectations.
The loss can be calculated not only in time and effort but also in dollars, missed opportunities, and employee morale.
If you are struggling to get measurable results from your recent strategy retreat, you need to understand what is going wrong and fix it.
The Usual Fault The fault most often lies in the strategy execution phase – the critical next step that involves translating top level strategies into the kind of realistic implementation plans that stakeholders can understand and buy into.
The question is:
How can your organization buck the odds and set up a strategy execution roadmap that will get you and your teams where you want to go in a way that makes sense?
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