Dynamic Strategy Implementation: Delivering on Your Strategic Ambition
Studies consistently show that most strategies fail in the implementation phase. The root of the problem can be traced to three factors: a failure of translation, a failure of adaptation, and a failure to sustain change over the long term. A dynamic approach to strategy implementation overcomes the limitations of the traditional administrative approach that serves as a breeding ground for these failures. In this … [ Read more ]
Content: Article | Authors: Amelia Dunlop, Robert Lurie, Vincent Firth | Source: Monitor Group | Subject: Strategy
Amelia Dunlop, Vincent Firth, and Robert Lurie
Dynamic strategy implementation requires a different response to problems that arise in implementation. The traditional approach adopts a “heads-down” mentality, focusing solely on the question of “How can we get back on track?” and throwing additional resources at the problem until it is resolved. In contrast, the dynamic approach calls for greater attention to understanding “What should we learn from the fact that we are … [ Read more ]
Content: Quotation | Authors: Amelia Dunlop, Robert Lurie, Vincent Firth | Source: Monitor Group | Subject: Strategy