Well, at least that's the idea discussed in a recent article in Forbes, highlighted on PCMA's website. If this is the case, it's little wonder that many meetings and events lack focus or direction based on the findings of a recent survey that suggests that most Executives are in over their heads! Booz & Co gave the online survey to more than 3,500 managers around the world; some 550 of the recipients identified themselves as CEOs and 325 were other executives in the C-suite. The rest were managers below the C-level. The survey had 21 questions about strategy, decision making, setting priorities, growth and cost-cutting.
Here are some of the findings:
- A majority, 64%, said their biggest frustration was having too many conflicting priorities.
- Not quite as large a majority, 54%, said they don’t believe that both employees and customers understand their strategy.
- Only 33% said they thought the company’s "core capabilities" support their company’s strategy.
- Just 21% said that all their businesses "leverage their core capabilities".
- Only 20% said they think their company has a "right to win" in all the markets where it competes.