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There are various schools of thought on what causes the gap between vision and execution, and how the strategy gap might be avoided. In 2005, Paul R. Niven, a thought leader in performance management systems, pinpointed four sources for the gap between strategy and execution, namely lack of vision, people, management and resources. He argued ...
This comparison becomes the gap analysis. Such analysis can be performed at the strategic or at the operational level of an organization. Gap analysis is a formal study of what a business is doing currently and where it wants to go in the future. It can be conducted, in different perspectives, as follows:
In his 1965 classic Corporate Strategy, he developed gap analysis to clarify the gap between the current reality and the goals and to develop what he called "gap reducing actions". [31] Ansoff wrote that strategic management had three parts: strategic planning ; the skill of a firm in converting its plans into reality; and the skill of a firm ...
Crossing the Chasm: Marketing and Selling High-Tech Products to Mainstream Customers or simply Crossing the Chasm (1991, revised 1999 and 2014), is a marketing book by Geoffrey A. Moore that examines the market dynamics faced by innovative new products, with a particular focus on the "chasm" or adoption gap that lies between early and mainstream markets.
And there's a 5- to 10-year runway of bridging that gap. The second category is around premium services. We mentioned this earlier, where last year, we launched a half a dozen or so premium services.
Growth planning is a strategic business activity that enables business owners to plan and track organic growth in their revenue. It allows businesses to allocate their limited resources toward a centered effort to adapt to changes in the industry driven by digital disruption and differentiate from competitors. The strategies and tactics ...
Image source: The Motley Fool. Synchrony Financial (NYSE: SYF) Q4 2024 Earnings Call Jan 28, 2025, 8:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Image source: The Motley Fool. Ford Motor Company (NYSE: F) Q4 2024 Earnings Call Feb 05, 2025, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants