Every year, leadership teams invest significant time and effort in crafting ambitious business plans. Many of these plans fail to meet their expected results. The failure is rarely due to poor strategy. More often, the real threat lies beneath the surface. Hidden within the culture, leadership behaviours and operational habits of the business, are silent saboteurs that quietly undermine execution, long before market forces have a chance to intervene.
What the plans fail to define, are the behavioural imperatives required to bring stated goals to life. They overlook the varying levels of execution capability that exist around the leadership table and the need for support systems that help leaders overcome personal and organisational weaknesses. The reality is simple. Business plans do not execute themselves. People do.
If the tensions and constraints that come with executive leadership are not resolved, they do not disappear. They linger beneath the surface, sabotaging success, silently. When this pattern is left unchecked for years, it converts into pre-existing conditions for failure.
In my article last week, I spoke about the hazards of not attaching a leadership strategy to the business plan. This week, I’m shining a spotlight on the fact that some of the most dangerous threats to business plans are not the obvious ones. They are the invisible, yet destructive patterns, that have become the norm.
Businesses with a high tolerance for mediocrity are especially vulnerable. Take for example, a business that has a dysfunctional relationship with time. Deadlines are missed routinely and lapses in urgency attract no consequences. These patterns become the norm, begin to shape culture and businesses become blind to the direct relationship between their time discipline and their ability to execute.
Execution discipline is one of the most reliable predictors of business plan success. Businesses with a noteworthy track record of meeting commitments with minimal misfires, possess environments where business plans can thrive. An environment where chronic underperformance is the norm, may spell impending doom for business plan success.
The distance travelled matters. In many businesses, business plans are conceived, designed and defined by leaders who spend little time on the shopfloor. These leaders are removed from the daily realities of employees and disconnected from the lived experiences of customers. This gap leads to assumptions and decisions being taken at the top of the business, that are not aligned to the real sources of truth.
Even more concerning, is the fact that plans have to be deployed by employees who had no role in their shaping. Employees become fatigued by the frustration of driving plans that are at odds with reality. People support what they help to create. If the people who are entrusted with converting plans into action are not invested in the process, planned and desired outcomes will digress. Many leaders fall into the trap of tracking activity, instead of progress. What matters, is measurable advancement against the goals that truly move the needle. High performing businesses understand the difference. They celebrate milestones the that create impact, rather than effort that merely creates motion.
Constantly changing priorities, is one of the most damaging impacts to executing business plans. It’s taxing on employee morale and robs them of enthusiasm. Especially when plans change constantly, without accompanying communication updates. To employees, this signals disrespect and lack of consideration for their sense of direction. Their natural inclination therefore, would be to retreat, protect their energy and withhold their discretionary effort.
Business plan success is driven by a delicate balance of hard targets and inspired human effort. The environment in which a business plan operates, often is a key determinant of whether the plan succeeds or fails. Tolerated behaviour either supports success, or accelerates failure. Cultural norms either advance the plan, or stand in its way.
Seasoned leaders, who operate at high emotional intelligence levels, understand this reality. They do not miss distress signals associated with the moving parts of the plan and recognize early warning signs. They are sensitive to cultural currents that influence execution and most of all, they understand that business plans either rise, or fall, on their actions.
