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Why does strategic planning fail in most companies?
Why does strategic planning fail in most companies?
Because the plan does not connect to how the company actually manages performance. A strategy document with no link to individual performance targets, no link from targets to operational metrics, and no link from metrics back to the plan is theater. The fix is three explicit links: plan to targets, targets to metrics, metrics to plan. That is the connection that turns a binder into an outcome.
Kamyar Shah, Fractional COO, World Consulting Group.
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What should a CEO do when tight credit forces a strategy decision?
What should a CEO do when tight credit forces a strategy decision?
Decide before the cost of capital decides for you. At 8.2 percent short-term loan rates, every delayed strategic decision compounds in price. The companies that come through a tightening cycle in a stronger position are the ones that pick a direction, commit resources, and let the discipline of an explicit choice shape the next 90 days. Drift is the most expensive option on the table.
Kamyar Shah, Fractional COO and CMO, World Consulting Group.
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