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In the book "The Rise and Fall of Strategic Planning", author Henry Mintzberg refers to a poll of consultants conducted by Walter Kiechel of Fortune magazine that claimed only 10% of strategies are successfully implemented. However, management guru Tom Peters referred to that figure as being "widely inflated!"
Why do 90% of all strategies fail? Najera Consulting Group believes that a majority of strategies fail because:
- Organizational confusion exists about what strategy really means.
- The strategic planning process focuses more on the formulation of the strategic plan and less on its execution. In fact, a 1999 Fortune magazine story suggested that 70% of all CEO
failures came not as a result of poor strategy planning, but were the result of poor execution.
- Barriers to strategy execution have not been properly dealt with.
- Most organizations don't have a clear succinct strategy document.
Ask ten accountants to assist you with a financial assessment for your business and you will most likely get ten reports that look basically the same. The numbers may be different but the framework
will consist of Profit and Loss statements, Balance Sheet and Cash Flow statements.
Ask ten consultants to assist you with the development of your strategic plan and it is likely that you will get ten very different looking strategies.
This is because strategy is more of an art than a science. Strategy is a creative process, yess, but it also should rely on hard data and a realistic analysis of an organization's current reality.
Najera Consulting Group helps organizations artistically create strategies that can be successfully implemented and that lead to profitability.
We do this by addressing and integrating the following key components in our strategic planning process:

Strategy: The blueprint to create unique value. It provides guidance for the allocation of resources and focuses efforts to achieve identified goals.
People: The acquisition development and utilization of the abilities (skills) that comprise the organization.
Structure: The configuration for the allocation of resources, tasks, accountabilities and working relationships to achieve results.
Rewards: The tangible and intangible reinforcements for actions, behaviors and achievements.
Processes: The formal and informal methods, procedures, and systems through which work is accomplished.
Culture: The accepted norms, mental models, and organizational context.
If you’re ready to recommit to your vision and develop effective and efficient strategies for success & profitability, Contact Us NOW!
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