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December 11th 2007 "Times of Oman"


DO YOU KNOW WHY MOST STRATEGIES FAIL?
Muscat - Infoline llc brings, jointly with Light and Shadow, Robin Speculand – “the master at strategy implementation” back to Oman on 16th Dec at the Shangri-la’s.

Finding the right business strategy is only the beginning of the story. As consultant Robin Speculand explains, successful Implementation of that strategy is what really gives companies a competitive edge.

90% of strategy implementation fails, yet 9 out of 10 strategies are not successfully implemented, according to five years’ research in Southeast Asia by Bridges Business Consultancy International. And research in other regions supports that statistic. Indeed, companies all over the world constantly embark on new strategies - to win market share, improve service and grow revenues – but mostly fail to meet the inherent challenges and deliver the desired results.

What is missing today is a framework that allows leaders to assess how ready the company is to implement its new strategy and also a tool that guides the right actions on a multidimensional playing field. Implementation Compass™ identifies the actions you need to take today to deliver long-term performance.



 

1. The Implementation Compass? works for both small and large organizations
2. Allows you to assess your current status in preparing to implement.
3. The Compass guides leaders through the eight critical directions. The degree of importance of each varies for each organization. For example, one organization may spend more time on measurement while another focuses more on communication.
4. The Compass helps your organization maintain momentum throughout its journey.
Tomorrow, strategy implementation will be the differentiator
It is now time to put the focus on strategy implementation, because it will be the next competitive edge.

 

In the 1960’s, we focused on the product – ‘build a better mouse trap and customers will beat down your door’ ;
In the 1970’s we addressed processes – it was all about time-motion studies;
In the 1980’s, we leveraged customer service as a differentiator – hence ‘the customer is always right’ ;
In the 1990’s, the technology revolution took over – ‘the message was faster faster faster’ ;
In the 2000’s, we are using innovation and creativity – the instruction is think outside the box.

Yet in the 40 years since change management became a business topic, ironically the only thing that has not changed is our approach to change management itself. Change management doest not work as we apply it today; if it did, we would not have so many (albeit unspoken) strategic failures.

It is time to go beyond change management and focus on strategy – implementation – an area whose importance managers generally underestimate. Most of their time, energy and focus go into setting the vision and creating strategy. When this is accomplished, they believe that hardest part is over. In reality, they have only accomplished one third of the journey. To understand and learn more on completing the journey ahead, get yourself registered for an exhilarating and action packed one-day seminar -“Make Your Strategy Come Alive – What Happens After You Craft Your Strategy?

 

 
 
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