The potential benefits of good Strategy Execution are vast!
Research shows that most companies lose 40% to 60% of their strategic potential somewhere along the Strategy Execution process. Imagine the impact on your bottom line when your company closes that execution gap…
What’s the value of a great strategy if you can’t execute it?
Kaplan & Norton started a new management revolution in 1992. With the introduction of their Balanced Scorecard concept, measuring strategy along different perspectives became part of Strategy Execution.
Today, Strategy Execution has grown out of its infancy and is on its way to maturity.
Most companies now use – maybe with different names − the balanced scorecard principles of measurement and multiple strategy perspectives. In France, for example, 54% of the companies use the scorecard.
What does this mean for you and your company?
As the world becomes global and the playing field is levelled in many industries, we believe that Strategy Execution is becoming the next competitive battlefield. Knowing that strategies can (and will) be copied and implemented by your competitors faster than ever, you will be challenged to get more performance from your strategy. Execution is the name of the game!
A new field means new opportunities for you to differentiate yourself from your competition. Imagine two companies with equally good strategies at the starting line − the one who crosses the finish line with the least strategy lost during implementation wins! Can it really be that simple?
When you see how much potential the average company loses in the execution process − the answer is YES!