Why Strategies Fail
Corporate insolvencies are an inevitable feature of capitalism. Companies will always fail, or get into serious difficulties, irrespective of the prevailing economic conditions. There are, of course, many reasons for companies to get into trouble, but issues relating to strategies always feature. Be it the wrong strategy to begin with or weak and poor execution, this is inevitably a contributing factor.
This 90 minutes masterclass will explore this concept in more detail and will cover the following:
- Why businesses fail or get into difficulties
- Why do Boards often follow the "wrong" strategy
- Lack of understanding of what strategy really is
- Strategic risks not fully understood and/or appreciated
- How to incorporate strategic risks in the risk register
- Board malfunction and poor decision making
- Leadership and behaviour issues
- Weak execution and strategic obstacles
- Implementation blockages
- Inadequate measurements and poor strategic monitoring
- Numerous case studies will be used as part of this workshop
Jean Pousson is managing partner of Jean Pousson & Associates, a specialised consultancy practice he set up in 1994 which provides banking, finance and strategy consultancy and training services to an international client base. Jean previously held the position of Director of Studies at the TSB Group Management College where he was responsible for overall academic leadership, but with direct responsibility for finance and strategy programmes and consultancy. For the last twenty five years, Jean has lectured and consulted on issues of strategic planning and implementation, risk and finance to an international client base consisting of SME’s, multinationals, charities, housing associations and public sector bodies. Some examples of past and present clients: ACAS, British Medical Journal, Callaway Golf, Coface UK Ltd, Fujitsu Siemens Ltd, Greene King plc, Hilton Group plc, Intel Corporation Ltd, Metropolitan Police, Ministry Of Defence, States of Guernsey, West Bromwich Building Society, Wragge & Co. His interests include travel, theatre, and sports. He has completed over 20 marathons including 2 ultra-marathons.