Using the convergence model for enterprise strategy execution
Businesses can improve their strategic execution by evaluating their own performance and measuring it against their objectives
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Many organizations struggle with strategy execution but they lack a way of understanding how to improve. While the reasons behind these issues often relate to poor communication, a lack of alignment between departments, inept follow-through and a lack of accountability, businesses do not possess a basic framework for grading their own performance against strategic objectives.
The convergence index can provide organizations with a single metric for assessing their current state of strategy execution. By measuring the distance between where they are currently in their strategy execution and their ideal future state, they can design a program for improvement.
This white paper presents the convergence model and shows how organizations that focus on the objectives, work and resources gain an advantage over the competition. It lays out concrete steps any business can take to evaluate its own performance, model different future states and improve their strategy execution.
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Download this white paper to learn how to:
- Create a formula for calculating strategy execution performance.
- Set up a methodology for identifying the key levers to improving performance.
- Get an understanding of the technologies and programs that support improvement.
