Many business owners today know that their company should be aligned. They also know that their infrastructure should be arranged to support the company’s purpose, including their organizational processes, team resources, and business management systems.
While business owners know that their company should be aligned, research suggests that more than 35% of organizations operate without a strategy. And, only 14% of employees understand the organization’s strategy and their role in it.
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Leadership: A Strategy is Only As Good As It’s Execution
At the end of the day, a strategy is only as good as its execution. One of the most difficult challenges to implementing a strategy is consistent execution of the action plan that materializes the strategy.
You know the drill. You’re excited about the strategy, you engage your team in the exciting new future, and collaborate with them on their part of the plan.
Everyone talks about what they’re going to do. Steps are taken. You get caught up into the tasks. With each meeting, you review
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How Is What You’re Doing Getting You Closer to Your Goals?
Over and over again, I’ve seen how business owners try tactics that are costing them not only the ability to get new clients (and the money that goes along with it) but their reputation. Often times, they don’t realize that they are even making mistakes. They believe that they are just working hard. What they do know is that they don’t have the sales or the number of clients they were expecting.
The comments I commonly hear, even from the most seasoned business owners are, “Lisa, if only
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