LONDON, ENGLAND, September 11, 2013 /24-7PressRelease/
-- Results from Blue Consulting Group's research on Strategy Creation and Implementation:
The research report Strategy Creation and Implementation 2013 highlights the following strong indications:
- 58% of Top Executives do not achieve the effect they are looking for from their strategic initiatives.
- 62% of Top Executives do not believe that their strategic priorities lead to focused implementation and execution.
- 47% of Top Executives do not believe they have an effective process for breaking down the strategy to tasks and clarifying where in the organisation performance need to happen.
- 41% of the Managing Directors and Board Members do not believe that the board members have sufficient understanding of the progress of the strategy implementation and execution.
Our research conclusions suggest that only 42% of Managing Directors, Board Members and other Top Executives are satisfied with the output from their strategy promise. Put differently, there is a strategy-to-execution gap close to 60% among the researched top executives in terms of how they perceive their strategy promise and the actual strategy output. This type of Pinocchio effect is contra-productive and shows that the subject of closing the gap between what the strategy promises and the realised effects from the strategy is relevant in most situations and organisations, says Linus Larsson Managing Director of Blue Consulting Group.
The causes of this strategy-to-execution gap are often not visible to Top Management. Leaders then sometimes pull the wrong levers in their attempts to turn around performance, pressing for better implementation and execution when they actually need a better strategy, or opting to change direction when they really should focus the organisation on implementation and execution says, Per Jomer, former Head of Group Strategy at Ericsson and now associated with Blue Consulting Group.
You will find the full research report by following this link: http://blueconsultinggroup.se/pdf/Blue%20Views/English/Blue_Research_ ... n_2013.pdf
The result and conclusions from this research are based on the answers from 140 executives in top management positions. Approximately 50% of the participants are in a managing director/President/CEO or Board Member position and the remaining 50% are either in a position as Head of a Business Unit/Area or Head of a Business Support Function, i.e. Sales, Strategy, Production, Human Resources, Finance, IT, etc.
Blue Consulting Group
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We serve leading private and public organisations and help them solve their most challenging issues--ranging from developing successful strategies, business models, business and support processes to implementing improvements and new ways of working. Regardless of the topic, our work shares a common denominator--we only take on assignments delivering substantial and lasting impact in terms of value improvements for our clients.