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Strategy Execution

It is one thing to develop a top business strategy and quite another to see that strategy effectively executed. Simply view this glaring figure from Fortune Magazine, which recently stated that “less than 10% of strategies effectively formulated are effectively executed.” As this statistic easily shows, organizations too often fall within the majority rather than the [...]

Business – Strategy and Execution

Every company aims to formulate good strategy and execute that strategy well. But many times it is found that it was either good strategy, bad execution or bad strategy and good execution. Why and how to avoid this? Let us begin with what is a strategy? In simple terms, it means the plan to achieve [...]

Business Strategy Execution: 4 Reasons Why your Company’s Strategy Isn’t Working

There are many different value-creation strategies your company can follow to marketplace success. Perhaps your organization’s differentiating strategy is: • Offering outstanding customer service like Nordstrom. • Trading on an upscale image like Mercedes. • Positioning yourself as the low-price leader like Wal-Mart. • Leveraging individualized customization like Dell. Your business strategy defines your company’s intent. In essence, it’s a [...]