YO U R B U S I N E S S _ A DV E R T I S E M E N T F E AT U R E Take the risk out of strategy execution With 67% of well-formulated strategies failing due to poor execution, making sure that your business is aligned to deliver your plans is crucial. Rob Shorrick, CEO of the Leadership Gallery, explains how to stress test your strategy to ensure it delivers as expected W ALIGN+™ IS A UNIQUE SUITE OF DIAGNOSTIC TOOLS THAT ENABLES LEADERS TO IDENTIFY THE GAPS IN THEIR STRATEGY YB2020 The Leadership Gallery_F.indd 280 *Harvard Business Review hether your business is a large, multinational player or a small or medium-sized enterprise (SME), you'll have a strategy or business plan in place. Sometimes this is formal and well documented, sometimes it's informal but well understood by everyone involved. So why do so many strategies fail despite such plans being in place? There are many factors that can come into play: * How aligned the senior team is around the strategy and the plans they've created * Differences of opinion among the senior team * Whether the business leaders have the capabilities needed to ensure the strategy's success * How engaged the workforce is * How organisational structures and processes are set up * Whether the business has the right culture to ensure successful strategy execution 12/02/2020 11:07