Why ?
Research by Robert Kaplan and David Norton on Strategic Management have clearly shown that average performance of businesses was largely due to poor business management practices.
10 % of employees understand business strategy.
85 % of business executives spend less than one hour per month discussing strategy.
50 % of managers do not spend time discussing strategy.
46 % of companies confirm that they have no system for implementing their strategies. Of those, 73 % had a disappointing performance.
54 % of companies say they have an implementation system of their strategies. Among those companies, 70 % assert that their performance is superior.
Businesses need better tools to develop their strategies and evaluate their performance.
Strategic Management Barometer (SMB) aims to meet this need.