3 reasons leaders do not execute strategy

While many leaders focus on developing an organizational strategy, many well-formulated strategies fail because they are poorly executed, according to an op-ed in the Harvard Business Review.

Ron Carucci, CEO of leadership consulting firm Navalent, believes many leaders are not prepared for the responsibilities that come with their role. Because of this lack of preparation, many executives poorly execute strategies.

Here are the three most common reasons strategies fail, according to Mr. Carucci.

1. Inexperienced leaders do not understand competitive context and create lofty strategic goals without thinking about what external factors could affect the outcome.

2. People leave existing organizational designs in place even though an innovative new strategy often requires altering these designs.

3. Many leaders cannot handle the emotional toll that comes with being held accountable for things beyond their control. People often need a network of emotional support in order to help them push forward with difficult decisions.

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