Download The Top 3 Things to Do After Your Strategy Retreat – Solving the Strategy Execution Mystery Best Practices Whitepaper.
According to research by IBM, only 10 percent of organizations manage to successfully implement their strategies on a consistent basis. In support of these numbers, a study by Booz & Company found that 3 out of every 5 employees rated their companies weak at strategy execution. For a strategy to make a true difference, it must be properly executed. For employees, successful strategy execution typically means making hundreds (if not thousands) of decisions every day that align with the information they have and the environment they are working within. Their challenge is to be clear on how each choice they make drives toward the strategic goal.
Our own organizational alignment research found that strategic clarity accounts for 31% of the difference between high and low performing companies in terms or revenue growth, profitability and employee engagement.
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