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The Economist: Successful Strategy Execution

Michel Syrett

Strategy-to-performance gaps foster a culture of under-performance Unrealistic plans create the expectation throughout the organisation that plans simply will not be fulfilled. This book shows how to overcome such failings and implement strategy effectively. Common failings include: Companies rarely track their performance against long-term plans - less than 15% of companies make it a regular practice to go back and compare the business' results with the performance forecast for each business unit in its prior years' strategic results Results rarely meet projections - when companies do track performance, it rarely matches the prior years' projection. The consequence is year-after-year of under-performance relative to the original plan A lot of value is lost in translation - a combination of poor communications, misapplied resources, limited accountability and lack of information creates an in-built strategy-to-performance gap>

  • Classification : Business, Management & Economics
  • Pub Date : APR 5, 2012
  • Imprint : The Economist
  • Page Extent : 176
  • Binding : PB
  • ISBN : 9781846686054
  • Price : INR 350
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Michel Syrett

Marion Devine is a business author and editor whose books include Managing Uncertainty and Successful Mergers (both published by The Economist). She has has also written or researched reports on talent management for Ashridge Business School and the Chartered Management Institute.

Michel Syrett has combined a career as a writer on business and management in The Times Management Today Director and Asian Business with academic research for business schools such as Cranfield and Roffey Park. He is author of twenty books and reports.

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