KPI Expert Blogs
Timeless wisdom from the experts on KPIs & Strategy.
Since I started my career 22 years ago, I’ve always been intrigued by the use of the proverbial “burning platform” as a motivational tactic for catalyzing and effecting change within organizations. Originally, the “burning platform” was simply a metaphor used for a looming crisis that required a change in organizational thinking and behavior. More and more, however, these “burning platforms” are becoming more literal, making the consequence of “status quo” even more real and threatening to those who are on it.
about 10 years
Research suggests that strategic planning is perhaps the most widely used managerial tool, with close to 90 percent of all organizations developing plans. However, McKinsey recently noted that less than half of organizations are pleased with the strategic planning process, and under a quarter make major decisions within its borders. There is little doubt that for many firms, the strategic planning process is broken. But why is that?