Skills Mismatch:

Does Business Acumen Enable Strategy Execution?


Published on: May 2014

Written by: BTS

A well-formulated business strategy, powerful product or breakthrough innovation can put an organization on the competitive map, but only strong strategy supported by sustained execution can assure long-term success.

Regularly cited as a top CEO priority, execution is considered the key to achieving superior business results. Yet, the majority of organizations fail to effectively implement strategic initiatives. Research reveals that companies achieve a fraction of the financial results envisioned during the strategy’s development. How much of this can be attributed to an organization’s lack of business acumen or business skills?

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