One of the top challenges in the business scenario identified by Gartner was slow strategy execution. Most of the managers revealed that they were not confident in their ability to resolve a problem. 83% of the strategists said that execution has become more important these days as compared to the recent past years. Also, 80% of strategists say that they do not have the appropriate tools and skills to conduct growth initiatives.
Apart from the above-mentioned factors of strategy execution, decision making plays an important role in strategy execution. Managers thus need to act wisely to make informed decisions in this regard.
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