Radwan, Susan
(2023).
« Critical recommendations to govern your strategy in a holistic fashion ».
Strategy Magazine(38), pp. 20-23.
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Résumé
Strong and intentional governance is critical for any organization to maintain high performance and succeed in its strategic endeavors. Indeed, governance is one of five key strategy activities defined in the IASP Body of Knowledge 3.0. Unfortunately, few organizations are attentive to strategy governance and instead focus on formulation, implementation and execution. Those that do practice governance generally address the C-Suite, thereby deploying a model that is too shallow and simplistic, which is one reason that more than 50% of strategic efforts fall short of fulfilling the expected benefits and ultimately fail. This article defines and describes strategy governance and presents five recommendations organizations can deploy to reap the maximum benefit of holistic governance.