Here’s how it often goes: The strategy session is done. The new strategy is compiled in binders and distributed to senior management. The binders make their way from desktop to credenza to file cabinet. The research says that between 60 and 90 percent of strategic plans fail to achieve their objectives.
A new business strategy, no matter how well it is thought-through in planning sessions, will not automatically be implemented. In fact, strategy implementation is usually much more difficult than strategy formulation. Shifting the momentum of the organization to support the strategy is far more than projects and task lists, coffee cups and t-shirts. That’s why it is a separate task requiring focus, planning, and above all, commitment from the top.
© Bob Legge 2013 All rights reserved
Bob Legge works with companies to improve individual and organizational performance. His clients have included Fortune 500 companies, mid-size companies, non-profits, education and government. To find out more, contact Bob at firstname.lastname@example.org or call him at (585) 305-7853. Bob’s website is http://www.boblegge.com.