Strategic Planning: Addressing Key Performance Gaps PPT
This PPT slide, part of the 120-slide Jumpstart a Better Way to Do Strategy: Best Practices PowerPoint presentation, presents a compelling argument for the necessity of excellence in strategic planning across various industries. It highlights 3 critical areas where organizations often fall short: underutilization, underperformance, and under value. Each of these categories is illustrated with specific industry examples—automotive, banking, and connected homes—showcasing how companies in these sectors typically operate at only 70% of their strategic potential.
The section titled "A Focus on Outcomes" emphasizes the importance of aligning strategic initiatives with desired results. By aiming for only 70% of their potential, organizations risk stagnation and diminished growth. The slide underscores that companies in the banking sector, for instance, deliver at merely 70% of the possible speed, which can significantly impact overall performance.
The subsequent section outlines why focusing on strategic outcomes is vital. It states that organizations prioritizing strategic alignment are 4.2 times more likely to outperform their peers, achieving an average of 30% higher revenue growth. This statistic is crucial for executives who need to understand the tangible benefits of effective strategic management systems. Furthermore, it notes that such systems can lead to lower attrition rates, which is essential for maintaining a stable workforce.
The concluding remarks suggest that many organizations misinterpret their strategic needs, often failing to recognize the importance of capability building. This insight is particularly relevant for executives looking to enhance their strategic planning processes and ensure they are not merely meeting standards, but actively driving growth and innovation.
This slide is part of the Jumpstart a Better Way to Do Strategy: Best Practices PowerPoint presentation.
This toolkit was created by former top consultants from McKinsey, Deloitte, and BCG after 1,000+ hours of work.
EXPLORE MORE SLIDES FROM THIS PRESENTATION
EXPLORE MORE PRESENTATIONS ON
Consulting Frameworks Strategy Development Strategic Planning Best Practices Revenue Growth Innovation
Flevy is the world's largest knowledge base of best practices.
Leverage the Experience of Experts.
Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.
Download Immediately and Use.
Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.
Save Time, Effort, and Money.
Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.
