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Why strategy implementation fails 15 lessons learned

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Learn from 16 years of research the key mistakes companys make when implementing their strategy.

Published in: Leadership & Management
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Why strategy implementation fails 15 lessons learned

  1. 1. Why Strategy Implementation Fails
  2. 2. 2. Organizations don’t learn from past mistakes and repeat them. Why Strategy Implementation Fails 1. Leaders habitually underestimate the challenge of implementing strategy. 3. Most of the planning time is spent crafting the strategy and only a little preparing the execution.
  3. 3. 4. Employees don’t understand their organization’s strategy due to poor communication. Why Strategy Implementation Fails 5. Leaders understand the impact of the strategy across the business (a mile wide) but not its implications vertically on the business (a mile deep). 6. Leaders lack a framework to guide them through their implementation journey and become confused.
  4. 4. 7. Leaders are accountable for short-term performance, but implementation is a long-term process. Why Strategy Implementation Fails 8. The implementation is not agile enough, especially as it never goes according to what’s planned. 9. Leaders don’t follow up to ensure employees take the right actions after communicating them.
  5. 5. 10. The organization is misaligned between its culture and the strategy’s essence. This leads to confusion on how to implement the strategy. Why Strategy Implementation Fails 11. Too many strategic objectives are set up to be achieved at once, so only a few get completed. 12. Employees don’t know the right actions they must take to participate in the strategy implementation.
  6. 6. 13. Leaders convey the strategy to their people from their own perspective, causing misunderstanding. Why Strategy Implementation Fails 14. Resources are not reallocated, resulting in people not having what is needed to successfully implement. 15. People don’t receive encouragement or support from immediate bosses when they take the right actions, so they stop doing them.
  7. 7. Why Strategy Implementation Fails To learn more, we recommend: • Purchasing Available from April • Joining • Visiting

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