The Secret to High-Performing Strategy Teams
Most strategy teams underdeliver, but top performers stand out by holding a single clear mandate and mastering collaboration with the business.
Summary
Drawing on BCG's Strategy Excellence Diagnostic database of 430+ strategy organizations assessed across 87 dimensions, Stange, Pidun and Kristic find over half of senior executives are dissatisfied with their strategy teams, and 32% of CSOs agree. Teams with multiple mandates are 15% less likely to be top performers; top performers collaborate effectively with business units 56% of the time versus 22% industry-wide, and lean on finance/M&A skills over generalist project management.
Editor's opinion
Solid internal benchmarking data, but it's BCG's own proprietary diagnostic (correlational, not causal) rather than an independent finding.
Key concepts
Strategy organizations · Singular mandate · Collaboration