Why Strategies Fail? External Forces Competition is not sitting idle (Action-Reaction) Changes in customer expectations Regulatory or structural changes often driven by technologies Accidents/Mistakes Internal Forces Poor understanding of what is strategy Not OE, Tradeoffs are must, no blind cloning, customer focus misunderstood as flexibility Giving up on a strategy because the tactic failed (Trojan Horse) Poor understanding of synthesis of strategy Overconfidence, I know my space, been doing it for years Bad execution (unsynchronized simultaneous improvement of everything can actually be bad) Classic reasons: Commitment, buy-in, static, communication, accountability, unrealistic expectations 12
Sam Gulve, 5 years ago
01:19:45s16600 comment
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