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Strategy by the numbers

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The numbers suggests that organisations are just not that good at getting strategy right.

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Strategy by the numbers

  1. 1. strategy by thenumbers www.chriscfox.com
  2. 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 futureProfessor Gary Hamel and CK Prahalad www.chriscfox.com
  3. 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. 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. 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. 6. between 90% and 98% of strategic plans are never implemented"The Fractal Organisation", Patrick Hoverstadt www.chriscfox.com
  7. 7. 34% of companies undertook projects that were not ALIGNED with corporate strategyHarvard Business Review www.chriscfox.com
  8. 8. 67% of companies failed to terminate unsuccessful projectsHarvard Business Review www.chriscfox.com
  9. 9. For a confidential discussion, contactChris C Fox Consulting Limited www.chriscfox.com

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