The prize from closing the strategy-to-performance gap is huge – an increase in performance of anywhere from 60% to 100% for most companies. But this almost certainly understates the true benefits of creating a strategy-to-performance loop. Companies that achieve tight linkage between their strategies, their plans and ultimately their performance often experience a cultural “multiplier effect.” Over time, as strategies are successfully turned into performance, leaders in these organizations become much more confident in their own capabilities and much more willing to make the kinds of stretching commitments needed to inspire and transform large companies.
Content: Article
Authors: Michael C. Mankins, Richard Steele
Source: Marakon Associates
Subject: Strategy
Authors: Michael C. Mankins, Richard Steele
Source: Marakon Associates
Subject: Strategy
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