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5 Reasons Strategic Plans Fail

strategic plans

5 Reasons Strategic Plans Fail

Are you prepared to succeed in 2018?

Although fall is already here, it’s still not too late to ensure that your organization is prepared to successfully execute on your strategic plans for 2018. Only 2% of leaders are confident that they will achieve 80-100% of their strategy’s objectives and 61% of respondents acknowledge that their firms often struggle to bridge the gap between strategy formulation and its day-to-day implementation (Boardview). Each year companies expend significant effort, resources, time, and investment to conduct their strategic planning process.  This exercise has both an organizational cost as well as an opportunity cost associated with diverting resources from day-to-day execution to planning.
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