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There are Legends among us. In every culture and every time period,
the world has relied on Legends and Heroes and today, some of the
most valiant heroes are found in our business sector. These heroes
fight the good fight every day to ensure our joint financial
futures. Never before has the grit and determination of
entrepreneurs been more necessary, yet 55% of entrepreneurs express
extreme fear of losing their business entirely. More pressing, 70%
of CEOs say they must have double revenue from new sources in the
next five years. The truth is that success is not a lonely
endeavor. Every hero relies on multiple guides and allies to
successfully complete their quest. This book is in tribute and in
service to our Heroes, the men and women who bring the rains of
profit and prosperity.
If organizations are able to bridge the chronic disconnect between
strategy formulation and tactical execution, profitable growth can
be achieved. The 40% of companies that directly link strategic
priorities to budget consistently outperform the 60% that neglect
to connect strategy to execution. When budgets are aligned to
strategy, needs, funding and resources combine to empower
organizations to succeed, but a distressing 92% of organizations do
not measure or report on lead performance indicators. 90% of
well-defined strategies fail when execution falters. 85% of
management teams spend less than one hour per month on strategy
issues. Despite this undeniable rate of return, 2/3 of human
resource and technology departments continue to develop plans that
are not linked to the overall company strategy. 70% of middle
managers and more than 90% of front-line employees have
compensation plans completely independent of the company's
strategy. Even more devastating, 95% of employees do not understand
their company's strategy. This level of disconnect makes
profitability a fantasy. These deficiencies find resolution in
ancient times, when story and culture brought us together in cause,
as illustrated in the Legend of the Great Explorer, adapted from an
Amazonian folktale.
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