What are the main barriers to growth?

  • 28% – Strategic deficiency
  • 26% – Organisation and leadership
  • 17% – Operational and competence gaps
  • 11% – Lack of customer intimacy
  • 10% – Unattractive regulatory environment
  • 7% – Economic cycle (downturn)
  • 5% – Product lifecycle (downward trend)
  • 5% – Cultural resistance

Source: Survey of 953 senior leaders from A.T. Kearney executive briefings from 1999 to 2003.

According to the senior leaders, the biggest barrier to growth is the organisation itself (82%).

And notice what constitutes over 50% of the barriers. Wise companies think: Strategy first, then Implementation, and finally Execution. Sadly, most companies start with Execution and never go beyond it.