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14 striking strategy execution figures

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 [...]

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How Are You Communicating Strategy Within Your Business?

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 [...]

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Keep Your Strategy Simple

So what is it that makes understanding business strategy so difficult and confusing for people?  If a business’s strategy is so fundamental to its growth and indeed survival surely it should be crystal clear for everyone who needs to know about it.

So, who needs to know and fully understand what the strategy [...]

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Leadership in times of uncertainty

A 5 POINT STRATEGY FOR LEADERS TO NAVIGATE IN TODAY’S WORLD

We live today in uncertain times. Forecasts, both business and economic, are being revised almost every month, if not more frequently. Even in emerging economies, which seem to have recovered and are faring better than the developed economies – at least in terms [...]

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Conducting Effective Needs Assessments: Conduct a Competency-Based Assessment Part II

Part I of this post looked at data gathering prior to conducting needs assessments. This post will discuss conducting a competency-based assessment. You would use the data from the data gathering session(s) to develop a competency model to assess against.

To begin, let’s define a competency model. In The Art and Science of Competency [...]