Surprised? If not, then why are you waiting? – Part 2
In a recent study we did of the industries that were seeing a recovery in 2011, there was more of a focus on better execution of strategy. So how much of your strategic plan did you accomplish, which of your goals were achieved and what are your plans for next year? I think it still surprises me how many companies stop executing on their strategic plans after the first quarter. The answer I usually get is they were too busy working on the everyday business issues to focus on the strategy. They also have not assigned the responsibility of the execution of the strategic plan to anyone and the CEO is too busy. With no one in charge, the chance of failure is almost 100%. In my reading list this month, you will find some interesting articles on strategy and innovation for today’s business challenges. The opportunity is there for those who can execute.