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”