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By:
Vadim Kotelnikov
Founder,
Ten3 Business e-Coach
–
Inspiration and
Innovation
Unlimited!
"When all is said
and done, more is said than done." ~
Michael LeBoeuf
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Most Important Impediments
To Strategy Implementation
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Functional Mindset.
The biggest impediment to strategy
implementation is the traditional functional mindset of many senior
executives. Changing only one or two things seldom brings any
significant overall organizational change. There are no "magic
bullets" that would change entire organizations.
Balanced Business System
Systemic
Innovation: 7 Areas
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Lack of Cross-functional Expertise and Efforts. Lack of
cross-functional excellence and
cross-functional management
on the part of the
strategic leader and the
management team
respectively will not allow them to address all the interdependent
issues effectively.
Results-based Leadership
Business Architect
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Lack of Systems Thinking and Action. Everything is connected
to everything else. You can never do just one thing. Changing one
strategic element has a ripple effect that impacts other parts
of
corporate strategy, which in
turn have their own ripple effects, and so on.
Further, to
translate a strategic plan into
actions that bring
desired organizational outcomes requires incorporating numerous
variables: organizational arrangements, social factors,
individual behavior, processes, and technology.
Lack of
systems thinking –
the ability
to see business as a whole
including the many different types of relationships between the many
elements in a complex system – is thus a major impediment to
successful strategy implementation.
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Organizational Resistance To Change.
Strategy implementation is inextricably connected with
organizational
change. All organizations
resist change and
try to maintain the status quo, sometimes even if it yields
unsatisfactory results.
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Lack of Strategic Motivation. Without
strategic motivation,
without the organization's
enthusiastic
involvement and participation of
inspired employees, it
is impossible to implement any
strategic plan.
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Inability To Adapt To Rapidly Changing
Environment. Rapidly changing business environment makes past
strategic decisions obsolete rather quickly. Inability to revise the
strategy continuously,
learn from feedback
and
reassess past decisions is at the core of many strategy
implementation failures in
today's economy.
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