S8 E6 Six reasons why your strategic plan fails to deliver. The Hidden Barriers and how to identify them. Part 2 with Jeremy Gray

S8 E6 Six reasons why your strategic plan fails to deliver. The Hidden Barriers and how to identify them. Part 2 with Jeremy Gray

With apologies for the poor sound quality of this episode

Episode 6 Six reasons why your strategic plan fails to deliver. The Hidden Barriers and how to identify them. Part 2 ​ Hidden Barrier #4 Poor Coordination, a lack of willingness.

Most companies work well within silos, but any project worthy of the name strategy will work across silos. Possibly across geographies. And this is where coordination often breaks down. Coordination is critical for the effective implementation of strategies and it always a challenge.

Hidden Barrier #5. Inadequate leadership development.

Leaders do not learn leadership through training courses but by being challenged by difficult assignments or difficult decisions. To achieve this managers, need to be willing to release their best employees for work on projects that will develop their skills. They need to make a sacrifice for the greater good of the organization as a whole.

Hidden Barrier #6. Inadequate vertical communication.

Let’s be a bit more specific, inadequate honest vertical communication is the problem here. Leaders do not take enough time to communicate the company’s strategic direction and values with folks lower in the organization. They use the trickledown effect where each manager explains the strategy to his direct reports and so on. At each stage the message gets less clear.

Tags: How to grow a business, achieve business success, strategic plan, execution, barriers to success, the successful entrepreneur, business common mistakes small business start-up; avoid these common mistakes; IBGR.network, Jeremy Gray, Practical Solutions to Difficult Problems

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