I’ve built and delivered a lot of strategy decks in my career.
Lots of great people (and real team efforts) doing some incredible work together for fascinating brands.
Careful research… smart frameworks… compelling positioning.
The kind that makes the room nod (if I do say so myself).
In those moments, you feel it…
The electricity of a new direction landing.
You walk out convinced something important is about to happen.
Then… nothing (or very little) happens.
Not because the strategy was wrong.
Not because anyone disagreed with it.
Not because the market rejected it.
Because execution (that big step of moving an idea from deck to reality) quietly killed it.
Over time I realized something…
Some of the best campaigns I’ve ever worked on never ran.
Some of the smartest business models never launched.
Some of the boldest ideas never left the slide deck.
They didn’t fail…. they just… never happened.
All of those big ideas that never materialized came rushing back while I was editing my conversation with Kevin Ertell for this week’s episode of Thinking With Mitch Joel.
Kevin has spent years studying why strategy fails some of the best brands (Nike, Sur La Table, Borders and others and he recently published his first book, The Strategy Trap), and his conclusion is almost painfully simple:
Most strategies don’t fail on paper… they fail in the real world.
Because strategy is the easy part.
Execution is the hard part.
Strategy happens in conference rooms.
Execution happens inside systems… messy systems… filled with incentives, politics, competing priorities and human behavior.
And those systems are rarely designed to support the strategy leadership just approved.
Think about how most companies approach strategy:
A direction is agreed upon… everyone leaves aligned.
Then Monday morning arrives.
The organization returns to the same incentives.
The same reporting structures.
The same priorities.
Nothing structural changes.
Which means the strategy now has to survive inside a system that wasn’t built for it.
And most strategies don’t survive that.
Kevin calls this the strategy trap.
The trap isn’t bad thinking.
The trap is believing that good thinking is enough.
Organizations spend enormous energy crafting strategy.
But far less energy designing the system that will make that strategy executable.
Looking back at my own experiences, I can see the pattern clearly.
The strategies that worked weren’t always the smartest ones.
They were the ones where someone inside the organization decided: “This is happening” and…
Budgets changed… priorities shifted… teams aligned and incentives followed the strategy.
Most organizations don’t actually have a strategy problem at all.
They have an execution architecture problem.
Strategy without an execution strategy is just storytelling.
Strange, isn’t it… brilliant strategy but no strategy for making the strategy happen.
Which raises a question that every leadership team should probably ask itself more often:
When you approve a strategy… are you approving an idea…
Or are you actually building the system that will make it real?
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