The Great Explorer: Adapted from an Ancient Amazon Legend
- ISBN-10
- 1494395967
- ISBN-13
- 9781494395964
- Category
- Business & Economics
- Pages
- 34
- Language
- English
- Published
- 2013-12
- Publisher
- CreateSpace
- Authors
- Kimberly Bonniksen, Krista Joy Palmer
Description
If organizations are able to bridge the chronic disconnect between strategy formulation and tactical execution, profitable growth can be achieved. The 40% of companies that directly link strategic priorities to budget consistently outperform the 60% that neglect to connect strategy to execution. When budgets are aligned to strategy, needs, funding and resources combine to empower organizations to succeed, but a distressing 92% of organizations do not measure or report on lead performance indicators. 90% of well-defined strategies fail when execution falters. 85% of management teams spend less than one hour per month on strategy issues. Despite this undeniable rate of return, 2/3 of human resource and technology departments continue to develop plans that are not linked to the overall company strategy. 70% of middle managers and more than 90% of front-line employees have compensation plans completely independent of the company's strategy. Even more devastating, 95% of employees do not understand their company's strategy. This level of disconnect makes profitability a fantasy. These deficiencies find resolution in ancient times, when story and culture brought us together in cause, as illustrated in the Legend of the Great Explorer, adapted from an Amazonian folktale.
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