Did You Know?
- 95% of the typical work force does not understand the strategy of their organisation
- 70% of middle managers do not have incentive compensation linked to the business strategy
- 85% of executive teams spend less than one hour per month discussing strategy
- 60% of organisations do not link planning and budgeting to the strategy
- 67% of HR and IT organisations are not aligned with strategy
(Source: Fortune Magazine Review)
A Common theme why executives fail to meet their business objectives, concluded that the most common reason was their inability to execute strategy. To succeed, strategy must be tested, communicated and adopted in a continual process of feedback, learning and innovation with all members of the organisation.
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