The People Part Of Strategy Failure

I’m big on making sure that every organization has a strategy for success and financial sustainability. That means having the executive team take the time to develop a data-driven strategic plan, ensure that the plan is implemented, and adjust that plan based on real-time performance data.

But having a strategic plan and making sure the implementation is successful are two different issues. In fact, 67% of strategic plans across all industries are never implemented (see Is Your Strategy “Mission Impossible?”). The reasons are many. Executive attention, lack of planning, lack of resources, and on and on. But . . .