The following was published in Shawn’s weekly syndicated column with The Business Journals.
In 2015, companies spent 449 Billion dollars on consulting, much of it developing strategic plans.
For a majority of those companies, it was a waste of money.
In a study of more than a thousand companies in 50 countries, employees at three out of five organizations said strategies never turned into action. Why do companies spend time and money developing strategies and rarely use them?
When I was researching Pivot Point: Turn On A Dime And Still Get Results, I studied teams executing strategy across two dozen countries. The most common cause of failure was …