MANAGING in the

NEW WORLD

McKinsey has identified reasons for organizations to fail at execution of corporate strategy. The first one of them is mistrust within the firm and a resulting lack of timely useful information sharing. There is sometimes low receptivity at incorporating business innovations. This lack of creativity is linked with another failing which is that operations become too mechanistic. Another reason is that employees often indulge in more talk and less action followed by action that is not coordinated with strategies. Lastly, a sense of complacency afflicts certain organizations.

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