Making Strategy a continual Process

85% of management teams spend less than an hour per month discussing strategies.

60% of organizations don’t link strategy and budgeting.

92% of the organizations don’t report on strategic lead indicators.

Strategy focused organizations use a “double-loop” process that integrates the management of budgets, operations, and the management of strategies.  A reporting system based on the balance scorecard allows managers to keep track of the execution of activities.

The strategy focused management system is key for making strategy a continual process

  • Monitor performance against strategy
  • Develop new strategy insights
  • Formulate new strategic directions
  • Update the measures on scorecards

The double-loop strategic management system provides the foundation for making strategy a continual process.

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