Randall Rollinson
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Randall Rollinson

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Randall Rollinson is President of LBL Strategies, a business partner of RMC Learning Solutions. He is a certified strategic management professional with core strengths of listening, facilitation and teaching. He has been a national leader in the development of the Association for Strategic Planning’s professional certification program. He has designed and developed a wide range of strategy management education and training programs. LBL Strategies is a registered education provider of ASP and PMI. LBL recently partnered with RMC to offer the Strategic and Business Management: Best Practices eLearning Course (also available in our eLearning Bundler). http://www.lblstrategies.com

Strategy Execution Principles in a Disrupted Environment

Originally posted on Strategic Management Blog by LBL Strategies

Too often a gap occurs between formulating and executing strategy. In a disrupted environment this can be a fatal error driving unwanted costs, lost opportunities and, ultimately, failure to execute. And when failure at execution occurs, the losses are significant regardless of sector.

According to the 2017 PMI Pulse of the Profession report, which surveyed 3,234 professionals globally researchers, in 2016 “companies wasted $97 million for every $1 billion invested in projects and programs.”

This is unacceptable. To help you from making the same mistakes, here are four fundamental principles which underpin our point of view on mitigating the gap between formulating strategy and executing strategy in a disrupted environment.

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