Strategy facilitation is a useful process for top executives seeking business transformation through strategic initiatives. Such initiatives can accelerate and improve an organisation's performance and ensure its sustainability in a competitive environment. However, the reality is that only around a third of new strategic initiatives are successful. This is often as a result of people who resist transformation or fail to agree on the implementation of the strategy.
When conducted well, a strategy review can deliver significant benefits to a business. In addition to the direct financial benefits of improving performance and targeting new growth opportunities, the process itself can improve alignment between employees, senior management teams and other key stakeholders, helping to drive a high performance culture and clarity on the future direction of the business.
The development of an organisational strategy is a complex and demanding process, and leaders who have devoted time, effort and resources to the selection of a strategy they believe will secure the ongoing success of their company may feel they have reason to be confident about the future. Nonetheless, their chosen strategy stands little chance of success unless it is acted on. Effective implementation is critical to the success of an organisational strategy.
Hundreds of billions of rands flow to government contractors every year—and public institutions have an opportunity to speed up the acquisition process, access innovative products more quickly, and generate much greater value for the public sector. The public sector exists to serve all of us—in housing, defense, health care, education, social services, and so much more.
Strategy planning gives organisations a sense of direction and marshals it around a common mission. It creates standards and accountability. Strategy planning can enhance operational plans and efficiency. It also helps organisations limit time spent on crisis management, where they're reacting to unexpected changes that they failed to anticipate and prepare for.