Economist: Successful Strategy Execution
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A01=Michel Syrett
Author_Michel Syrett
Category=KJC
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Product details
- ISBN 9781846686054
- Weight: 190g
- Dimensions: 134 x 214mm
- Publication Date: 05 Apr 2012
- Publisher: Profile Books Ltd
- Publication City/Country: GB
- Product Form: Paperback
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Strategy-to-performance gaps foster a culture of under-performance Unrealistic plans create the expectation throughout the organisation that plans simply will not be fulfilled. This book shows how to overcome such failings and implement strategy effectively. Common failings include: Companies rarely track their performance against long-term plans - less than 15% of companies make it a regular practice to go back and compare the business' results with the performance forecast for each business unit in its prior years' strategic results Results rarely meet projections - when companies do track performance, it rarely matches the prior years' projection. The consequence is year-after-year of under-performance relative to the original plan A lot of value is lost in translation - a combination of poor communications, misapplied resources, limited accountability and lack of information creates an in-built strategy-to-performance gap
Michel Syrett has been writing about management for over twenty years for publications such as the Financial Times and Management Today. He is also a Visiting Fellow at Cranfield School of Management and the author of more than ten books on business and management.
