Speed: A New View
VIRTUALLY ALL EXECUTIVES would agree that speed is necessary to a successful business. Strategic speed is where urgency meets execution; it’s about implementing plans and strategies not only quickly, but well. It’s something leaders pursue every day and something they are paid to achieve.
On top of speed’s intuitive appeal, our research shows a hard link between speed and business results. We asked hundreds of leaders from around the world to rate their company’s overall speed of execution relative to others in their industry; roughly half described their company as “faster” or “much faster.” We then compared these faster companies with those rated slower, looking at their business performance during the previous three ...