Remove Goal Remove Kaplan Remove Management Remove Planning
article thumbnail

The Year Is Half Over…Do You Know Where Your Strategic Plan Is?

CO2

According to Robert Kaplan, creator of the Balanced Scorecard, the main cause of strategic planning failure is poor execution. And Kotter International determined that, on average, 70% of new, large-scale strategic initiatives fall short of their goal, as did a similar McKinsey & Company 2009 study. It’s not too late !

article thumbnail

The Year Is Half Over…Do You Know Where Your Strategic Plan Is?

CO2

According to Robert Kaplan, creator of the Balanced Scorecard, the main cause of strategic planning failure is poor execution. And Kotter International determined that, on average, 70% of new, large-scale strategic initiatives fall short of their goal, as did a similar McKinsey & Company 2009 study. Unclear Objectives.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Strategy Book

Leading Blog

The problem is following a plan so closely without responding to events that you will “lead the company efficiently in the wrong direction.” Strategy involves completion of goals, and the risk is the difference between those goals and the ability of the organization to achieve them.” In a sense, strategy creates risk.

Strategy 280
article thumbnail

The Key Observation In Managing Strategy Is Managing Change

Six Disciplines

Dr David P Norton, (co-inventor of the Balanced Scorecard) explains in OutlookBusiness magazine (India) how companies can grow successfully by adopting effective strategy planning and execution. Subsequently, Dr Kaplan and I wrote our second book, The Strategy Focused Organization, which describes these principles.

article thumbnail

The Key Observation In Managing Strategy Is Managing Change

Six Disciplines

Dr David P Norton, (co-inventor of the Balanced Scorecard) explains in OutlookBusiness magazine (India) how companies can grow successfully by adopting effective strategy planning and execution. Subsequently, Dr Kaplan and I wrote our second book, The Strategy Focused Organization, which describes these principles.

article thumbnail

Are You Taking Care of Busyness and Working Overtime?

The Practical Leader

These weak leaders manage by activity rather than by results. Author Adam Waytz is a psychologist and the Morris and Alice Kaplan Chair in Ethics and Decision Management at the Kellogg School of Management at Northwestern University. But for other leaders, it’s about face time. Do you need to slow down to go faster?

Kaplan 52
article thumbnail

A Closed-Loop Strategy Execution System

Six Disciplines

Kaplan and Dr. David P. Breakdowns in a company’s management system, not managers’ lack of ability or effort, are what cause a company’s underperformance. Breakdowns in a company’s management system, not managers’ lack of ability or effort, are what cause a company’s underperformance.

System 98