Strategies rarely fail on paper. They die on Tuesday morning. You want everyone to move forward, but the rigid org charts, incentive plans, and a leadership team that’s still being measured on last year’s priorities. McKinsey has consistently found that roughly 70 percent of large-scale transformation efforts fail to achieve their objectives. The firm attributes many of these failures to factors like not setting an…
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Most leadership teams don’t have a problem with creating a strategy. They have a problem with making it happen. Many corporate strategies fail not because the strategy was bad, but because the companies had a hard time turning their plans into real actions. When companies get bigger, things tend to get messy. Different goals start pulling time and effort…