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The Strategy Book

Leading Blog

Each chapter defines the objective, the context and the challenge—and then what success looks like and the pitfalls you might encounter. Strategy involves completion of goals, and the risk is the difference between those goals and the ability of the organization to achieve them.” Well thought out and helpful.

Strategy 281
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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. Try this simple test.

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The Key Observation In Managing Strategy Is Managing Change

Six Disciplines

Key highlights from the interview: The research that Dr Robert Kaplan, myself and our colleagues at the Palladium Group have done over the years indicate that there are five common principle s that are found in successful companies. They need to understand that managing strategy is managing change and they may need to be the change agent.

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A Closed-Loop Strategy Execution System

Six Disciplines

Kaplan and Dr. David P. It's interesting to note that Kaplan and Norton's description of such a "closed-loop management system" very closely parallels that of the Six Disciplines complete strategy execution program. Set Goals That Lead ). By creating a closed-loop management system, companies can avoid such shortfalls.

System 98
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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.

article thumbnail

The Key Observation In Managing Strategy Is Managing Change

Six Disciplines

Key highlights from the interview: The research that Dr Robert Kaplan, myself and our colleagues at the Palladium Group have done over the years indicate that there are five common principle s that are found in successful companies. They need to understand that managing strategy is managing change and they may need to be the change agent.

article thumbnail

A Closed-Loop Strategy Execution System

Six Disciplines

Kaplan and Dr. David P. It's interesting to note that Kaplan and Norton's description of such a "closed-loop management system" very closely parallels that of the Six Disciplines complete strategy execution program. Set Goals That Lead ). By creating a closed-loop management system, companies can avoid such shortfalls.

System 85