A surprising number of organizations are woefully inadequate at using a prioritization matrix for their projects or initiatives. According to Dictornary.com, prioritization is the activity that helps to arrange work activities or actions in order of importance relative to each other. Understanding how to prioritize work affects the outcomes of organizations’ initiatives, leadership and management intent, customer…
Category: Strategy Execution
Why do so many strategies fail to deliver expected results?
In their book “The Balanced Scorecard,” authors David Norton and Robert Kaplan note that 90% of organizations fail to execute their strategies successfully. Most organizations start with pre-conceived notions of failure and label strategy development and execution practices as leadership requirements or just an academic exercise. Once there is a recognition that strategic management is…
An Overview of PESTLE Analysis
Core-Strategy analytical suite includes Porter’s five (5) forces model known as PESTLE Analysis. It allows users to map and understand the external influences that impacts organization’s internal initiatives. What is PESTLE? PESTLE stands for: P – Political E – Economic S – Social T – Technological L – Legal E – Environmental Core-Strategy PESTLE analysis…
