The Real Reason Why Most Companies Miss Their Annual Goals

This episode is brought to you by Kilpatrick, a leading global law firm with a dedicated search fund team that works with searchers from inception, to acquisition, to exit.

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There’s a well-known maxim that states “Strategy without execution is hallucination”, and in today’s episode I’ll share with you why I think that’s true.

I’ll do so by sharing some of the lessons that I learned as a CEO related to executing on the strategy that I set at the beginning of each year.

In my experience, strategy is actually the easy part: Almost any mediocre CEO can set logical and compelling goals for a company, but it’s the truly skilled CEO who adjusts her tools, systems and processes to regularly and successfully execute on those same goals. 

As Jim Collins and Jerry Porras (authors of Built to Last) rightly said: “Building a visionary company requires one percent vision and 99 percent alignment.” Today, I’ll share with you the best tools that I’m aware of to create that very alignment.