Come on, be real...
"You
have no strategy"
" is not a Strategy"
Johnson and Scholes:
"Strategy is the direction and scope
of an organization over the long-term: which achieves
advantage for the organization through its configuration of
resources within a challenging environment, to meet the
needs of markets and to fulfill stakeholder
expectations".
It's about how you intend to dominate a particular market.
It's not incremental improvement. It's not being everything to everyone.
It's not satisfying every customer's whim. Strategy is about
DOMINATION and how you intend to dominate a market!
- 90% of well-formulated strategies fail due to poor execution
- 85% of leadership teams spend less than 1 hour per month discussing
strategy
- Only 27% of a typical company’s employees have access to its strategic
plan
- Only 5% of employees understand their corporate strategy
- 92% of organizations do not measure performance indicators
- 75% of business improvement initiatives fail due to lack of sustainability
email
dan@danfeliciano.com