2. in most organisations, executives devote
less than 3% – 5% of their time to
looking outwards and developing
foresight
they should devote
20% – 30% of their time
to formulating a strategic
view of the future
Professor Gary Hamel and CK Prahalad www.chriscfox.com
3. 80% of
executives
spend less than
1 hour a month
on strategy
discussion
50% spend no
time at all!
Robert Kaplan www.chriscfox.com
4. Alignment decreases as accountability approaches
65% Company has agreed strategy
51% Strategic measures on balanced scorecard
37% Linked to business functions
33% With targets
24% Linked to individual accountabilities
11% Linked to rewards
“Performance Management: Putting Research into Action”, William Schiemann www.chriscfox.com
5. only 14% of
organizations report
that their employees have
a good understanding of their company’s
strategy and direction
“Performance Management: Putting Research into Action”, William Schiemann www.chriscfox.com
6. between 90% and 98% of
strategic plans are never
implemented
"The Fractal Organisation", Patrick Hoverstadt www.chriscfox.com
7. 34% of companies undertook projects that were not ALIGNED with corporate strategy
Harvard Business Review www.chriscfox.com
8. 67% of companies failed
to terminate unsuccessful projects
Harvard Business Review www.chriscfox.com
9. For a confidential discussion,
contact
Chris C Fox Consulting Limited
www.chriscfox.com
Quote source: http://hbr.org/2011/09/why-your-it-project-may-be-riskier-than-you-think/ar/1 (must expand one of the little figures)Image source: http://rsastories.wordpress.com/2012/08/21/daily-stand-ups-second-scenario-of-effective-alignment/
Data source: http://hbr.org/2011/09/why-your-it-project-may-be-riskier-than-you-think/ar/1 (must expand one of the little figures)Image source: http://internationalhealthblog.traveling4health.com/editorials/how-american-hospitals-are-failing-patients/