There is tremendous value in having a strategy for your business. Too often business leaders see development of a strategy as just taking too much time and distracting from bringing in revenue. Nothing can be further from the truth! If you are developing a strategy for your business and then just tucking it away [...]
Strategic workforce planning is a process that ensures that your business has the right people in the right jobs at the right time to achieve your expected results. This discipline helps organizations understand their current state, forecast talent gaps, and take the necessary steps to close those gaps. It is a core business process that [...]
On average, companies lose 40-to-60 percent of their strategic potential during execution. Imagine the amount of money you could save by closing that gap.
HOW TO CLOSE THE EXECUTION GAP?
But in order to take the next step – to close that gap – organisations need a more detailed view of exactly where they [...]
If you want strategic plans implemented, communicate your strategy to employees
Too often I hear from CEOs and other executives that they can’t get their employees to implement the strategy. When we dive in to the discussion further however, it becomes apparent that the employees don’t even know what the strategy is let alone how [...]