If organizations are able to bridge the chronic disconnect between strategy formulation and tactical execution, profitable growth can be achieved. The 40% of companies that directly link strategic priorities to budget consistently outperform the 60% that neglect to connect strategy to execution. When budgets are aligned to strategy, needs, funding and resources combine to empower organizations to ...
Series: LegendBuilding (Book 3)
Paperback: 34 pages
Publisher: CreateSpace Independent Publishing Platform (December 5, 2013)
Product Dimensions: 8.5 x 0.1 x 11 inches
Format: PDF ePub fb2 TXT fb2 book
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t a distressing 92% of organizations do not measure or report on lead performance indicators. 90% of well-defined strategies fail when execution falters. 85% of management teams spend less than one hour per month on strategy issues. Despite this undeniable rate of return, 2/3 of human resource and technology departments continue to develop plans that are not linked to the overall company strategy. 70% of middle managers and more than 90% of front-line employees have compensation plans completely independent of the company’s strategy. Even more devastating, 95% of employees do not understand their company’s strategy. This level of disconnect makes profitability a fantasy. These deficiencies find resolution in ancient times, when story and culture brought us together in cause, as illustrated in the Legend of the Great Explorer, adapted from an Amazonian folktale.