article thumbnail

5 Ways the Best Companies Close the Strategy-Execution Gap

Harvard Business

Too many companies still follow a “Plan-then-Do” approach to strategy: The organization works tirelessly to create its best forecasts about the future market and competitive landscape. Leadership then specifies a plan that it believes will position the company to win in this predicted future. Value flexibility.

article thumbnail

Let Go of What Made Your Company Great

Harvard Business

While these core businesses continued to generate cash flow, IBM struggled to find The Next Big Thing. The EBO program set up startup-friendly structures as well as a separate set of practices in the areas of organization, leadership/management, resource allocation, strategy development, and performance measurement and motivation.

Company 28