Typically, only 5% of employees understand and are aware of strategy, while only 26% of executives say their functional KPIs align with strategic objectives.
The mission is confusing: Investments & improvement.
Initiatives are sporadic, plans don't materialize.
Market pressures build, and there is never enough cash.
70% of business failures happen because strategic plans are not implemented correctly.
Missed deadlines, high cost, poor quality.
Customer complaints are rising, and responsibilities aren't clear.
No plans for correction on the horizon.
82% of business failures are attributable to poor cash flow management.
Sales & marketing aren't working together.
You're second or third on work, you used to dominate.
The sales process and responsibilities aren't clear, nothing scales.
42% of business failures include the wrong product or service for the market, and poor sales processes contribute to 22% of business failures.
Employees have no time for improvement initiatives.
Everything is critical, nothing is good enough, and communication is poor.
Ideas have stalled, and it's just too quiet in the plant or office.
20% of business failures happen due to poor management or leadership.
It's not clear where leadership is leading.
Micro initiatives don't support the corporate mission.
Action is stalled by collaboration overload.
Individual egos are in survival mode, trust left months ago, and respect is too low.
Up to 42% of business failures include the wrong product or service for the market.
The fire to put out today is caused by managements 'idea du jour’ from yesterday.
Follow through stops before results are obtained, facilities decline, and skills are stagnant. Margin is sporadic.
20% of business failures happen due to outdated procedures and inefficiencies.
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