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?