After working with over 500 fast growth companies in the past two years we observed that great companies possess something other companies lack: a leadership team that gets the right things done with effective execution habits. Harvard Business School Press states that over 90% of strategies fail. The authors describe in their study that “the ability to execute strategy was more important than the strategy itself.” Failure to execute not only lowers performance, it also prevents a company from breaking through a perilous growth inflection point. We call that point No Man’s Land.
Why do almost all leadership teams struggle with strategy and execution? It starts with Blind Spots.