Your Superheroes in Strategy Consulting
“Less than 10% of strategies that are effectively formulated are actually effectively executed”
It all starts with strategy formulation, but the execution is even more important! Most companies find it difficult to articulate a mid to long-term strategy. The way strategies are formulated, and on what levels, differs a lot per company. Larger companies may hire strategy consultants for strategy development or do it themselves, but high level strategies rarely get implemented effectively in the day to day operations as there is a disconnect. The actual business has probably not been involved sufficiently and there is no strategy execution governance model.
Result: Strategy documents remain high level discussion documents and rarely get properly translated into the business resulting in ineffective execution.
This is where we as Ballentine Strategy Consulting fit in. Strategy is not a set of documents, but a set of deeds. Strategy development is the process of adapting an organization’s course of action to best fit with the environment in which it operates. In practice, this means that strategy development is about calling the current actions into question, determining a more appropriate set of actions, and getting people in the organisation to carry out these actions.