Strategy execution how can you do that?

In the last few years, western economies didn’t flourish much. As a consequence, companies started focusing on more efficient, or smarter ‘production’. Companies need to improve productivity, thereby keeping cost prices at an acceptable level and reinforcing their competitive position. To be able to meet these future requirements much time and effort is put into formulating a strategy to accomplice this. And yet results are often disappointing. Why?

Because formulating a strategy alone is not enough. A company also has to execute it. Why do so many companies fail in doing that? Companies don’t find the right way of translating the strategy into useful Key Performance Indicators (KPI) that can help them to really execute the strategy and monitor the progress of the execution.

KPI’s are of...