Strategy Without Execution = Roadmap But No Fuel
Strategy = Plan to achieve objectives, prioritizing available resources
Execution = Carrying out a plan
Only 68% of leaders believe their organization is good at developing strategy. And when it comes to strategy implementation, only 44% of executives believe their organization can do that well. Thatās no surprise considering that 95% of employees do not understand their organizationās strategyāand that only 42% of managers and 27% of employees get access to the strategic plan (see 94 Mind-Blowing Strategy Execution Stats). Most leaders arenāt leveraging their teams to make strategy a reality.
Obviously, being āaverageā in strategy development . . .