Strategy-to-performance gaps foster a culture of under-performance.
Common failings include: Companies rarely track their performance against long-term plans—less than 15% of companies make it a regular practice to go back and compare the business’ results with the performance forecast for each business unit in its prior years’ strategic results. Results rarely meet projections—when companies do track performance, it rarely matches the prior years’ projection. The consequence is year-after-year of under-performance relative to the original plan.
About the Author
Michel Syrett has combined a career as a journalist and writer on business and management in publications such as The Times, The Sunday Times, Management Today, Director, Asian Business and the South China Morning Post with academic research on management topics for business schools in Britain and Asia.
Gordon Griffin is one of the most prolific and sought-after voice artists in the UK. As well as narrating over 700 audiobooks, Gordon can be heard on countless TV and radio advertisements, corporate videos, training films and documentaries.
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