Companies with great strategies often fall short on execution, says Economist Intelligence Unit survey
03.10.2017

Companies with great strategies often fall short on execution, says Economist Intelligence Unit survey

A new report released today by The Economist Intelligence Unit (EIU), commissioned by the Brightline Initiative, finds that most companies struggle to bridge the gap between strategy development and its day-to-day implementation. A global multi-sector survey of 500 senior executives from companies with annual revenue of $1 billion or more, conducted by the EIU, reveals that on average companies fail to meet 20% of their strategic objectives because of poor implementation. 

“A strategy might look good on a PowerPoint slide but it is only as good as its execution,” says Peter Toth, Global Head of Strategy at Rio Tinto, a UK-headquartered global mining company and a report interviewee. “That’s where the rubber hits the road.”

The full report can be downloaded here.

 

For more information please contact:

Brock Thatcher

Brock.thatcher@tvcgroup.com

212-641-9885

 

Gilda Stahl

Managing Editor – Thought Leadership

gildastahl@eiu.com

T: 212-554-0641

M: 646-326-5663