Global Benchmark Study Shows How Leading Companies Accelerate On-Strategy Delivery
Commissioned by Planview Conducted by Lawless Research
Få rapporten • Läget för strategiskt arbete: Omfamna osäkerhet för att möjliggöra snabb anpassingGlobal Benchmark Study Shows How Leading Companies Accelerate On-Strategy Delivery
Commissioned by Planview Conducted by Lawless Research
Få rapporten • Läget för strategiskt arbete: Omfamna osäkerhet för att möjliggöra snabb anpassingCan your organization adapt quickly in today’s volatile environment?
Do specific practices and mindsets make companies inherently better able to adapt to change quickly?
To find out how some companies accelerate innovation and thrive as business fluctuations occur, while others “get by,” Planview commissioned a global benchmark study in December 2020 to assess how organizations are adapting to change in uncertainty.
The findings and insights are revealed in the report – “The State of Strategy Execution: Embracing Uncertainty to Adapt at Speed“.
Nearly 1000 business professionals from across the globe rated their organization’s responsiveness in terms of ‘how fast’ and ‘quality of outcomes’ in each of the five core areas of adapting strategy execution:
By creating agility within and across each interconnected area of strategy execution, companies can move faster and adapt with confidence when disruptions happen, or new opportunities appear.
5 key findings were revealed – read on to learn more about highlights from the study.
Based on quickness and quality ratings across the five strategy-to-execution process areas, respondents were assigned a Strategy Execution Index score and categorized as:
Leaders are driving speed across strategy-to-execution, outperforming the rest. Challengers and laggards have a choice: prioritize speed or risk losing customers and falling behind swifter competitors.
Leaders outperform in exceeding financial targets and strategic objectives. They also exceed in their ability to deliver new, innovative products and services.
Results show that Leaders are investing to adapt faster, while Challengers are less motivated to improve decision making and execute on-strategy at speed.
more likely than Challengers to
exceed financial targets
more likely than Challengers to
exceed strategic objectives
more likely than Challengers to
exceed delivery of innovative products and services
62% of Strategy Execution Leaders, who already reported going fastest with the highest quality outcomes, stated they strongly agreed with the statement: “To ensure its success, my organization needs to make decisions and execute faster than it currently does.” (vs. 24% Challengers, 34% Laggards)
Respondents reported the following as the top three tangible benefits from investing in accelerating adaptation to change:
Companies face an average of three barriers in adapting to change. Complex governance/approval processes, unclear/conflicting priorities, and lack of resources for approved projects top the list.
These risks and barriers bring pressure and hinder organizations from successfully achieving on-strategy execution.
Decline in growth
Lost opportunities to competitors
Decreased customer retention
Major loss of profit
Executives are confident that teams are working on the right things, and teams are more confident that their work aligns with strategy.
These findings raise the question “What are leaders are doing differently to achieve their success?” Download the report “The State of Strategy Execution: Embracing Uncertainty to Adapt at Speed” to learn more.
Download the report “The State of Strategy Execution: Embracing Uncertainty to Adapt at Speed” to learn more.
Få rapporten • Läget för strategiskt arbete: Omfamna osäkerhet för att möjliggöra snabb anpassing
To thrive, every organization must continuously improve, regardless of their current Strategy Execution Index score.
Download the report for insights along with specific recommendations on how you can shift mindsets, processes, and technology for accelerating on-strategy and on-time delivery.
Läs mer • Läget för strategiskt arbete: Omfamna osäkerhet för att möjliggöra snabb anpassingReview the key findings and best practices of Strategy Execution Leaders, recommendations to accelerate on-strategy delivery, and learn how the most successful organizations are:
The results are clear: The disconnected mix of tools in use – primarily internally developed or point solutions – is slowing down strategy execution.
To be fast at shifting strategy but not at reprioritizing work or resources does not result in organizational speed. The five strategy execution competencies integrated with the right technology must work in concert to enable the decisions that allow your enterprise to accelerate on-strategy delivery.
What if you had a platform that gives you a clear view into your strategic initiatives and empowers your organization to deliver desired outcomes faster?
Planview’s unique platform brings together:
Partner with Planview to build agility and increase responsiveness in your organization – today and into the future.
Läs mer • Managing TransformationVi presenterar
On-Strategy Delivery at Speed
Build agility and increase responsiveness in your organization – today and into the future.
Se videon • On-Strategy Delivery at SpeedGain a clear view into strategic initiatives and increase responsiveness
Watch the demo • Solution Demonstration: Connecting Strategy to Delivery for Digital SpeedLearn how Santander drives business value and accelerates strategy for the organization
Watch the webinar • Unlock Enterprise Agility: Drive Strategic Delivery for The BusinessMove with agility when changes or growth opportunities occur
Get the eBook • DYNAMIC PLANNING: 5 Steps to Rapidly Replan, Reprioritize, and Effectively Execute