TITLE

Walking the Walk Isn't Always Easy

AUTHOR(S)
Marshall, Jeffrey; Heffes, Ellen M.
PUB. DATE
January 2005
SOURCE
Financial Executive;Jan/Feb2005, Vol. 21 Issue 1, p11
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article presents an examination of several reasons why companies fail to execute their strategies. The author notes discussing strategy and actually implementing and producing results from a strategy are completely different things. Some of the obstacles that can stand in the way are the lack of a cohesive business plan that guides progress, the lack of executive sponsorship to push an initiative along, having expectations of quick results and an over-reliance on software, specifically Business Performance Management systems. The notes these systems can be helpful, but should never be a stand-alone solution.
ACCESSION #
15595154

 

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