What is the level of maturity of strategy implementation in companies?
A study by the management consultancy KUDERNATSCH on the subject of strategy implementation shows that companies find it particularly difficult to coordinate and achieve forward-looking (development) goals across departments - partly because managers often lack the skills they need today.
The management consultancy Kudernatsch Consulting & Solutions from Straßlach near Munich has prepared a study entitled "Maturity of Strategy Implementation in Companies". Among other things, the study shows how those responsible currently assess the current situation in the area of strategy implementation in their companies and where they still see potential for optimization. For the study, 137 top decision-makers in companies who are (jointly) responsible for strategy work were surveyed.
The study revealed that when it comes to managing day-to-day business, most companies have developed a high level of professionalism in terms of (further) developing and implementing their strategy. However, the respondents still see a need for optimisation or potential for optimisation in strategy implementation in the following areas
- the strategic goalsThe result is a company that requires a high degree of change - be it at the cultural, structural or process level,
- the Targets with "breakthrough character", that require significant changes at the culture, structure or process level and take the company out of its comfort zone,
- the horizontal coordination of objectives - e.g. between the divisions and departments, which because the structures in the companies are becoming more and more networked and the core services are increasingly provided in cross-divisional team and project work is gaining in importance,
- the Design of the reviews the degree of implementation of target achievement, so that in the event of deviations from the plan, a defined process for root cause analysis and systematic learning takes place,
- of the organizational Anchoring the implementation of the strategyso that the strategy implementation process is systematically driven forward at the personal and organisational level, and
- the Qualification and support of managersThis ensures that they not only fulfil their mediating function in translating and cascading, i.e. breaking down the objectives, but also professionally fulfil their various roles - such as manager, coach and learning facilitator - in the change process in relation to their employees.
Interested persons and organizations can request the study "Maturity of Strategy Implementation in Companies" free of charge from the management consultancy KUDERNATSCH Consulting & Solutions (Mail: info@kudernatsch.com).
