why strategies fail?

The concept of strategy has earned a bad name. One reason is the kind of fluffy stuff being thrown around. here is an example An article on Wharton Education web site. Three Reasons Why Good Strategies Fail: Execution, Execution… – Knowledge@Wharton Three Reasons Why Good Strategies Fail: Execution, Execution… Quote From Vivendi to Webvan, the shortcomings of a bad strategy are usually painfully obvious — at least in retrospect. But good strategies fail too, and when that happens, it’s often harder to pinpoint the reasons. Yet despite the obvious importance of good planning and execution, relatively few management thinkers have focused on what kinds of processes and leadership are best for turning a strategy into results. UNQUOTE A lot of stuff to read. My experience of strategy implementation as a consultant and coach is that a business process measurement, management, and improvement framework has to be established for strategy implementation. Business process management can alone give necessary tools and levers to operating managers. The people angle has to be brought in through systematic application of process specific values. This works. Cut out the the rest of the fluff. Visit Exponient website Hemant

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s