20 facts about strategy and execution that every ceo should know
Post on 15-Apr-2017
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20 FactsAbout Strategy and Execution
That Every CEO Should Know
Studies show that businesses that successfully execute strategies outperform those that don’t by a factor of 2 to 1.
With that in mind, Six Disciplines has collected 20 essential facts about strategy and execution that every CEO should know.
About Six Disciplines
Six Disciplines is a business management platform that helps companies like yours go from good to great.
We helped one client increase sales 38% with no additional increase in headcount. And we helped a private equity firm increase KPIs 50% in two years. We also helped a professional services firm increase profits 300%.
To find out more, call us at 866-344-8517 or email our CEO, Gary Harpst, at GHarpst@SixDisciplines.Com
Strategy [strat-i-jee], noun: A plan, method, or series of programs designed to obtain a specific goal or result.
Execution [ek-si-kyoo-shun], noun: The act or process of carrying out or accomplishing a set of plans or strategies.
Just 5% of employees surveyed understand what their company’s
actual strategy is.Source: Jeroen De Flander For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
Of the middle managers surveyed, only 55% were
able to address one of their company’s top five priorities.
Source: Harvard Business Review For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
Only 10% of companies achieve
what they had strategized to do.
Source: Jeroen De Flander For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
Just 20% of managers believe their organizations do a good job when it comes to shifting people across units
to support an implied strategy.
Source: Harvard Business Review For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
40% of managers believe the greatest challenge is the failure to align their plans with the corporate strategy.
Source: Harvard Business Review For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
Only 40% of organizations link budgets to strategy.
Source: Jeroen De Flander For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
8/10 managers believe their companies fail to leave declining businesses or let go of unsuccessful initiatives quickly enough.
Source: Harvard Business Review For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
In one study, only 11% believe that their company’s
strategic priorities have the financial and human
resources needed to succeed.
Source: Harvard Business Review For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
71% of companies that are strong in execution believe that everyone has a good idea of decisions and actions
for which they are responsible.
Source: Harvard Business Review For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
Out of every 7 new product ideas, only 4 enter development, 1/5 are
launched, and only 1 of the launched products succeeds.
Source: Hype For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
The success rate of newly launched products has only
bumped 1% since 1997.Source: Hype For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
Just 25% of the managers surveyed in one study have concerns linked to strategy.
Source: Jeroen De Flander For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
85% of executive teams spend less than an hour discussing strategy
every month.
Source: Jeroen De Flander For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
According to research conducted by HBR, companies find that only 40-60 percent of strategies are of potential value.
Source: Harvard Business Review For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
57% of CEO’s have started
other companies.
Source: Statistic Brain For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
47% of CEO’s intend to start another company in the future.
Source: Statistic Brain For more information on the Six Disciplines business management platform, please visit SixDisciplines.com
About Six Disciplines
Six Disciplines is a business management platform that helps companies like yours go from good to great.
We helped one client increase sales 38% with no additional increase in headcount. And we helped a private equity firm increase KPIs 50% in two years. We also helped a professional services firm increase profits 300%.
To find out more, call us at 866-344-8517 or email our CEO, Gary Harpst, at GHarpst@SixDisciplines.Com
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