Many companies find turning strategy into action very challenging, not because of a weakness in the strategy itself, but because the organization is not aligned to, or focused on, its success.
The consequences can be significant: divisions within senior management, attrition of high-performing staff, missed economic opportunities and ultimately a loss of competitive advantage.
To help companies with this problem, L.E.K. Consulting’s Organizational Excellence practice has identified six critical steps organizations need to take to transform strategy into action and delivery. In this Executive Insights, L.E.K. explains each step in detail and explains why the key to successfully delivering a strategy is to address friction points within the organization and establish a baseline against which progress can be measured.