Why do many organisations struggle with strategy execution?
Many organisations struggle with strategy execution due to three key factors: ineffective resource allocation, poor design of implementation activities, and lack of organisational support. Ineffective resource allocation often occurs when businesses try to juggle regular operations with strategy implementation using the same personnel. Poor design manifests in project portfolios that don’t align with strategic intent or lack agility. Lack of organisational support stems from insufficient engagement of employees, stakeholders, and customers. To overcome these challenges, organisations should consider adopting a more dynamic approach to strategy execution, potentially leveraging an empowered Project Management Office (PMO) to coordinate and adapt implementation efforts.