Why do good strategies fail to execute?

Why do good strategies fail to execute?

If a strategy is good, it should be easy to execute. To execute a strategy, you need great leadership – you must align your strategy to the structure. Unfortunately, many companies are run like a riot group. Everyone is doing their own things. Different departments are not aligned. It is a challenge.

To implement a strategy, you need great people in key positions. Most of the time, there is a skills mismatch.

Many companies reward good performance and punish failure, which effectively kills innovation. You must reward behaviors that produce the results you need. And that way, you create a culture of innovation.

Is your strategy execution effective?

About M. B. Mugisa

Mustapha Barnabas Mugisa is one of those rare people who provides business consulting and advisory to professionals and corporate entities who demand the very best. He is a prolific speaker and governance (strategy and risk) expert. His speaking involves making key notes at major conferences and business events on both technical subjects and leadership skills. A change agent and motivational speaker. Mustapha provides tools and proven methodologies to remarkable results through making people appreciate change. Visit Mustapha's LinkedIn profile to know more. Mustapha is the architect of #WinningMindset Leadership and #WinningTheGame strategy approach that combines Harvard Business strategy Playing To Win, with the Blue Ocean Strategy and Balanced Score Card to deliver a strategy that is easy to execute and monitor. Visit www.mustaphamugisa.com for special insights to improve your condition. Are you too good to be great?

Entries by M. B. Mugisa