The business world is increasingly dynamic, turbulent, and complex. New technologies, business models, and data are proliferating. Customers are more discerning and demanding than ever before. To succeed, companies must exhibit more agility, the capacity to learn and adapt, and the ability to effectively execute to capitalize on new opportunities and respond to threats.
Recent research, including from the Economist’s Intelligence Unit, suggests that the quality of execution is at best a mixed bag. Many organizations believe they have a functioning strategy execution process, yet they are not realizing the improvements and value expected. They may have a Vision, a Strategy, and then think a magical process will lead to desired results. However, that rarely happens. In reality, they have no reliable framework or process to make the connection from strategy to value.