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SOURCE: BTS Group
CEOs are under intense pressure to drive growth and deliver strong results, while satisfying the interests of internal and external stakeholders. Navigating these challenges, effective strategy execution has never been more important to a CEO’s success. In the past year, 14.2 percent of CEOs at the world’s largest 250 public companies were dismissed—the highest rate since 2005.
(PRWEB) December 03, 2012
For today’s newly appointed CEOs, the window available to develop a strategy and translate it into action is narrowing dramatically. However, companies continue to struggle with the successful implementation of key strategic initiatives, especially when it comes to the people side of the equation.
In the latest issue of BTS’s Strategy Execution Newsletter, Rommin Adl, Executive VP, discusses how CEO’s can achieve effective execution through high-impact approaches to strategy implementation. “To accelerate execution and drive performance, more and more CEOs are turning to experiential learning methodologies and customized business simulations,” comments Adl. “Through a simulated experience, employees become engaged in the strategic shift, build passion around the company’s future direction and close critical business acumen, leadership and sales capability gaps.”
Increasingly recognized as a business asset, these innovative approaches are helping CEOs deliver better results faster. Aetna Inc. Chairman, CEO and President Mark Bertolini reflected, “We partnered with BTS to build the program that models our business, so we can practice making decisions in a new and different marketplace. Their program helps us improve the execution of our new strategy and to achieve the results our shareholders and customers expect.”
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