MANAGEMENT

Strategy Execution: What’s Standing in Your Way?

From the management experts who first calculated that only 10% of strategies are actually implemented:

Four Barriers to Strategic Implementation

Four Barriers to  Implementation

  1. 85% of executive teams spend less than one hour per month discussing strategy.
  2. 60% don’t link budgets to strategy.
  3. Only 25% of managers have incentives linked to strategy.
  4. Only 5% of the workforce understands the strategy.

It’s people, management, resources and vision. Hmm. Could there be anything else?

Source: Robert S. Kaplan and David P. Norton, “The Strategy-Focused Organization”