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
- ISBN10 1847650333
- ISBN13 9781847650337
- Publish Date 5 April 2012 (first published 6 December 2007)
- Publish Status Active
- Publish Country GB
- Publisher Profile Books Ltd
- Imprint Economist Books
- Format eBook (EPUB)
- Pages 177
- Language English