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strategy
 by the
numbers


     www.chriscfox.com
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
80% of
    executives
    spend less than
    1 hour a month
    on strategy
    discussion

    50% spend no
    time at all!

Robert Kaplan         www.chriscfox.com
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
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
between 90% and 98% of
                                                    strategic plans are never
                                                                implemented




"The Fractal Organisation", Patrick Hoverstadt                         www.chriscfox.com
34% of companies undertook projects that were not ALIGNED with corporate strategy
Harvard Business Review                                                   www.chriscfox.com
67% of companies failed
         to terminate unsuccessful projects
Harvard Business Review                       www.chriscfox.com
For a confidential discussion,
           contact




Chris C Fox Consulting Limited

     www.chriscfox.com

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Strategy by the numbers

  • 1. strategy by the numbers www.chriscfox.com
  • 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

Editor's Notes

  1. Image source: https://devcentral.f5.com/weblogs/images/devcentral_f5_com/weblogs/Joe/WindowsLiveWriter/PowerShellABCsNisforNumbers_7150/numbers_2.jpg
  2. Source http://www.entrepreneurmag.co.za/advice/business-leadership/strategy/long-range-strategic-thinking-ability-why-ceos-must-have-it/Image source: http://meganbostic.blogspot.co.uk/2010/07/in-honor-of-spanish-national-team.html
  3. Source: http://www.entrepreneurmag.co.za/advice/business-leadership/strategy/long-range-strategic-thinking-ability-why-ceos-must-have-it/Image source: http://www.bcofficefurniture.com/img-le-al-contemporary-bespoke-boardroom-table,-burr-elm-and-black-granite-249.htm
  4. Source: http://leaderchat.org/2012/05/21/only-14-of-employees-understand-their-companys-strategy-and-direction/
  5. Source: http://leaderchat.org/2012/05/21/only-14-of-employees-understand-their-companys-strategy-and-direction/Image Source: http://www.micheleknight.co.uk/articles/dreams/six-simple-steps-to-understanding-dreams/
  6. Source: http://strategiccoffee.chriscfox.com/2010/03/reasons-why-strategies-fail.html
  7. 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/
  8. 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/