There is a great deal of attention on closing the "execution gap" in business, and just as much confusion about the sources of the problem. Here are 10 common reasons why organizations filled with smart, talented people still find "getting it done" so hard. By first recognizing the root causes, pragmatic solutions can be forged.
Here’s what we need to do. Now let’s get it done. We’ve all heard those words from management. And whether such orders refer to a restructuring, a new product rollout, a brand expansion, an outsourcing effort, or any other change-oriented project, we’ve all too often been privy to the great-intentions-meet-brick-wall results. Why, oh, why is it so hard for companies — successful companies filled with very smart people — to align their objectives with their activities? Why does “getting it done” seem so, well, impossible?
Conflicting organizational activities, silos, redundant processes, and confusing governance policies block effective, consistent execution. It’s a big, big problem. Consider this statistic: more than 64 percent of C-level executives from 250 midsized to large companies in the United States and the European Union have said that being able to execute, to react quickly to changing business opportunities and technologies, is critical for their success. Yet nearly 80 percent of them said that it is nearly impossible to achieve.