Strategic alignment can help in avoiding business failure by ensuring that all elements of a business, including the market strategy and the way the company is organized, are arranged to best support the fulfillment of its long-term purpose. This alignment allows for a more efficient and effective operation, as all parts of the business are working towards the same goals. It also helps in identifying and addressing any potential issues or gaps in the strategy or structure of the business, thereby reducing the risk of failure.
Lack of strategic alignment is one of the key reasons why businesses fail to meet their objectives....
Download template