Strategy in the Age of Disruption

Myth‐busters on Strategy

What is the challenge with putting any strategy into execution?

Let's look at the biggest symptoms and explore the root causes to identify a solution.

Why strategies fail

The most common reason why 70% of strategies fail boils down to the inability to take design decisions to gain an advantage in the present and future. The 70% failure reason is rated based on the critical biases of the strategic initiates throughout the organizational development stages.

The result is devastating, to say the least, with 72% of projects that run 45% over budget, 7% behind schedule, and 56% less functional when delivered than predicted. Holy macaroni!

1. Not having a strategy at all.
2. No real choice. Many strategies are not actually strategies ‐ just presentations, reports, and a set of actions with no real choices. Poor design stems from confirmation bias (9%).
3. Turning faulty and not applicable worst practices into best practices, called anchoring bias (6%).
4. Inability to move from strategy formulation to execution, known as the top‐down process. Lack of follow‐through ...