Increasing complexity and change, volatile economic conditions and an ageing workforce are beginning to take a toll on organizations worldwide. Meanwhile some businesses and whole industry sectors are in crisis as they struggle to meet the rising demand for skilled people.
In this climate, people have become the new competitive advantage for business, according to a report by The Boston Consulting Group and the World Federation of Personnel Management Associations. The report, Creating People Advantage: How to address HR challenges worldwide through 2015, is based on a survey of 4741 human resources executives in more than 80 countries as well as interviews with senior executives in 19 countries.
Are you creating advantage with the new workforce dynamics and demographics?
Tuesday, March 3, 2009
How to Turn Strategy into Action
It’s easy to assume that if you get the strategy right, success automatically follows. In truth, strategy and execution are important but they are not enough in themselves. It is equally important for leaders to align the internal dynamics of the business to their strategic aspirations. Without internal traction and momentum, even the most insightful strategies will fail to get off the ground.
What’s more, leaders often get in the way of their strategies and don’t prepare the ground enough for a new strategy to take root. So how can you ensure you turn your strategy into action?
What are your thoughts and ideas on this topical issue? Email me at wgstevens2@gmail.com .
What’s more, leaders often get in the way of their strategies and don’t prepare the ground enough for a new strategy to take root. So how can you ensure you turn your strategy into action?
What are your thoughts and ideas on this topical issue? Email me at wgstevens2@gmail.com .
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