In 1996, Robert Kaplan and David Norton identified the four barriers to effective strategy implementation: vision, people, management and resources. While these elements are essential, most leaders overlook the gap between employees’ perceptions and reality.
In a survey by the Economist of C-suite executives 2013, 88% said executing strategic initiatives successfully is “essential” or “very important” for their organizations’ competitiveness. 61% of those same executives acknowledged their teams consistently fall short in bridging the gap between strategy formulation and its day-to-day implementation. However, a recent study by Gartner in 2023 identified three causes — unclear responsibilities (34%), inability to cascade objectives (22%), and not having defined priorities (14%).
Related: Younger Generations Want to Retire By 60. Their Strategy Is a Win-Win for Everyone.
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