The Strategy Gap: Leveraging Technology to Execute Winning Strategies

by Michael Coveney

With shortened business cycles, increased competition, and rapidly changing technologies, companies need to be more nimble than ever. They must narrow the gap between strategy formulation and operation execution to guarantee success. The Strategy Gap will provide a framework that senior financial managers can use to ensure that their strategies are implemented successfully and that their corporations remain competitive. Filled with informative case studies and best practices for optimum financial processes, this valuable resource will help managers leverage information technology to successfully implement corporate strategies. This book also shows managers how to eliminate surprises in poorly managed or unforeseen activities, while applying new approaches to financial management for faster and more accurate business modeling. Expert advice from those who have used these strategies clearly explains how to integrate planning, budgeting, consolidation, and reporting into one cohesive management system.

Genres: Business

240 pages, Hardcover

First published March 21, 2003

About the author

Michael Coveney is one of Britain's most respected theater critics and has written about theatre for over three decades, as editor of Plays and Players, and as staff critic on the Financial Times, Observer and Daily Mail. His books include a history of the Glasgow Citizens Theatre and biographies of Maggie Smith, Mike Leigh and Andrew Lloyd Webber. He regularly contributes to the Independent, Guardian, Observer, New Statesman, Prospect and BBC Radio's Front Row. He lives in England.

Reviews

[Harry Harman]

Forecasting involves two steps:

1. Predicting the likely future performance based on current knowledge
2. Evaluating or selecting alternative plans to change the predicted outcome

The journey that a business takes over time is like traveling down a road (see Exhibit 1.5). The road curves and changes direction, and its exact route often is hidden from view.