Economist Impact
Bridging the Gap: Turning Strategy into Reality
600 executives were asked about implementing strategy. Here’s what they said.
Digitalization is imperative. Yet new research says 85% of executives say their organization’s ability to adapt to change falls short. What are the implications for leaders?
The Economist Impact survey, commissioned by Planview, exposes the disconnects in underperforming transformations.
Digitalization has a strategy implementation problem, threaded from decision making to delivery – and rooted in waste.
- Just 14% of respondents expressed confidence in their company’s decision-making governance.
- 84% of executives recognize the need to improve goal-setting and performance-monitoring systems.
- Only 20% of respondents are confident in the resources allocated for strategy implementation.
The findings revealed essential requirements that formed the basis for five recommendations, collectively driving successful strategy implementation.
Get the ReportSee the survey resultsExplore more insights from the Economist Impact survey and other sources
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“Companies must be able to quickly analyze and adapt or evolve their strategy – and how those changes are executed – while still driving important outcomes. The key to this is closing the strategy-implementation gap and connecting company strategy and how work is executed across the business.”
Razat Gaurav
Chief Executive Officer, Planview
Planview has one mission: to build the future of connected work, from ideas to impact. Planview helps organizations accelerate the achievement of what matters most, supporting our customers from need to speed, from passion to progress, and from overhead to optimization. Our connected platform of solutions underpins the business and digital transformations of more than 4,500 customers globally, including 59 of the Fortune 100. Planview empowers enterprises to improve time-to-market and predictability, increase efficiency to unlock capacity, and ensure their most strategic initiatives deliver the desired business outcomes.
- Nationwide Building Society
- Citi
- Dell
- Novartis
- Agropur
- Allianz
- DaVita
- Viessmann
- VW Volkswagen
- Box
- NatWest
- Walmart
- Diageo
- Pfizer
- AkzoNobel
- UPS United Parcel Service
- Beam
- Conagra Brands
- Volvo
- Danone
- Siemens
- Roche
- De Beers Jewelers
- Honeywell
- MetLife
- EA Sports
- BCBS Blue Cross Blue Shield
- Vodafone Group
- Commonwealth Bank
- Abbott Nutrition
- Thermo Fisher Scientific
- ABB Group
- Johnson & Johnson
The Planview Platform
The Planview Platform for Connected Work enables enterprises to improve time-to-value and predictability, increase efficiency to unlock capacity, and de-risk strategic bets.