The “strategy villains” causing paralysis by analysis
? Overly complex information
? Processes that are too hard to follow
? Confused staff
These are the villains you want to protect your company from.
Good strategy relies on an implementation system. And the villains will prevail if your strategy lacks coherence and alignment.
This quote from Jack Welch, former CEO at General Electric, is an oldie but a goldie ?
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For a strategy to be successful, your staff and stakeholders need to be 100 % aligned with it. They’re going to be the ones delivering it, so even the best strategy is useless if nobody knows how to “implement like hell”.
Less thinking and more doing is key to getting a strategy implemented and delivering results.
Why do you think companies fail to implement strategies? Check out the poll and share your thoughts in the comments.
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Why do you think companies fail to implement strategy well?
- Staff don’t “get it”
- No budget to implement
- Too complex to implement
- Over-thinking without doing