Implementation & Control of Strategy

Turning Great Strategy Into Great Performance

Most companies’ strategies deliver only 63% of their promised financial value.

Idea in brief

Companies rarely track performance against long term plans.

Multiyear results rarely meet projections.

A lot of value is lost in translation.

Some of the reasons for that…

Whether there is a problem in the formulation of strategy?

OR

Whether there is a problem in its implementation in correct manner?

Question to be asked is..

Inadequate or unavailable resources

Poorly communicated strategy

Actions to execute not clearly defined

Unclear Accountability

Organizational culture

Inadequate performance monitoring

Inadequate rewards

Poor senior leadership

Unapproved strategy

Other obstacles

Factors responsible for the performance loss..

Keep it simple

Debate assumptions not forecasts

Use a rigorous framework, speak a common language

Discuss resource deployments early

Clearly identify priorities

Continuously monitor performance

Reward and develop executive capabilities

Rules for closing the strategy to performance gap

Thank You