5 Key Steps for Successful Strategy Execution
Having a great strategy, industry breakthrough or game-changing product can catapult your organization to the mainstream market, but only successful strategy execution can keep you there. Can you deliver your intent? Most companies can dream big and create a vision, but cannot execute. Robert Kaplan and David P Norton recently reported in the Harvard Business Review that 95% of employees are unaware of -- or do not understand -- the strategy for their organization.
Happiness in the Workplace Boosts Employee Performance
Believe it or not, a little happiness in the workplace can go a long way towards driving employee performance. While truely effective employee performance management can be a tough balance to strike, the right amount of direction, feedback and incentive will help your employees feel more engaged in the workplace and more committed to achieving results for your organization.
5 Strategic Planning Pitfalls and How to Avoid Them
Despite the best of intentions, strategic planning sessions have a tendency to end in heartache. According to Greg Bustin at Bustin & Co. “...depending on which study you follow, the statistics range from a dismal 3 percent of companies who say they are successful at executing their strategies to about one out of every three organizations that integrates its plans into its daily operations with high effectiveness.”