Episode 13. Close The Gap: Align Your Leadership With The Company’s Real Strategy

Play This Episode

33 Votes

Most CEOs are under the illusion that they are managing their companies No I am not kidding Leonardo DiCaprio apos s character in the apos Shutter Island apos film is Edward quot Teddy quot Daniels He believes he is a U S marshal who came to the Ashecliffe Hospital for the criminally insane on the island to investigate a case But then he is shocked to learn that he s not Teddy Daniels The story he believed to be his real life was just an illusion I believe that the CEOs of 124 organizations that became part of a study conducted by MIT Sloan School of Management and Charles Thames Strategy Partners LLC in 2018 felt the same way The study revealed that only 28 of executives and middle managers responsible for executing strategy could list three of their company s strategic priorities Simply put almost no one in the companies knew their strategies Or they didn t care Or both Learn more from the episode