Our research shows that one of the key missing elements in most organisations’ transformation journey towards excellence is successful strategy execution.
Effective strategy execution provides the mechanism to achieve the ideal results your organisation seeks, in the shortest possible time and with least possible resources and cost. Nonetheless, research shows that having an effective ‘strategic management process’ is one of the key hurdles to success in many organisations. A recent Harvard Business School article, claimed that 90 percent of businesses fail to reach their strategic goals, which is down to the gap between strategic planning and execution. Moreover, another HBS research illustrates that 95% of employees are unaware of, or do not understand, their company’s strategy.
Not only, did we share insights into popular approaches such as OKRs, Hoshin and MIS/MOS, but also shared ideas on how to socialise strategy within your teams to drive true ownership and widespread engagement. We also covered how to build true cultural transformation by developing the habits and systems that enable success.
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