Massive ambition re strategy. A few niggling doubts re execution. That winning combo sums up the key results of our research encompassing 371 transformation initiatives, 129 project consolidations and 50 productivity drives.
The gap between strategy and execution is commonly talked about. But our data suggests that the reality is more complicated than that. It is time to look at 'the gap' in a new way.
The pandemic utterly changed our lives and our work in so many ways. However, there was a surprising upside for strategy. Now that the pandemic is over that benefit is being lost.
Among the many talents and skills required by leaders is perfect vision, or to be more precise the ability to focus on both the short and the long term. This enables them to meet the dual imperatives of performance today and transformation tomorrow. At the best of times this ability is a rare talent, but in these times of slowing growth and increased uncertainty it is even rarer still.