Strategy by the numbers

strategy by the

numbers

www.chriscfox.com

in most organisations, executives devote less than 3% – 5% of their time to looking outwards and developing foresight

Professor Gary Hamel and CK Prahalad

they should devote

20% – 30% of their time

to formulating a strategic view of the future

www.chriscfox.com

80% of

executives

spend less than

1 hour a month

on strategy

discussion

50% spend no

time at all!

Robert Kaplan www.chriscfox.com

65% Company has agreed strategy

51% Strategic measures on balanced scorecard

37% Linked to business functions

33% With targets

24% Linked to individual accountabilities

11% Linked to rewards

Alignment decreases as accountability approaches

“Performance Management: Putting Research into Action”, William Schiemann www.chriscfox.com

only 14% of

organizations report

that their employees have

a good understanding of their company’s

strategy and direction

“Performance Management: Putting Research into Action”, William Schiemann www.chriscfox.com

between 90% and 98% of

strategic plans are never implemented

"The Fractal Organisation", Patrick Hoverstadt www.chriscfox.com

34% of companies undertook projects that were not ALIGNED with corporate strategy

www.chriscfox.com Harvard Business Review

67% of companies failed

to terminate unsuccessful projects www.chriscfox.com Harvard Business Review

For a confidential discussion, contact

Chris C Fox Consulting Limited

www.chriscfox.com