Strategy failures have become the norm, regardless of industry or size – 90% of businesses fail to implement their strategies successfully on a consistent basis.
“Strategy” has now become a buzz word – everyone at all levels across all businesses talks about “strategy” – but few are actually implementing it, let alone successfully.
Evidence reveals repeated patterns of irrationality, inconsistency and incompetence in strategic decision-making: mergers routinely fail to deliver expected synergies, strategic plans are not implemented successfully and large investment projects are completed over budget and late – over and over again.