BizSugar.com › Strategy › How to Avoid a "Strategy Fail"

You've done what you are supposed to do--you have a plan in place and you are ready to follow through. What could go wrong?

Unfortunately, plenty.

As Mike Tyson said, "Everyone has a plan until they get punched in the mouth."

There are two main categories of reasons why strategies and plans fail--internal roadblocks and external issues. Externally, the three areas that account for strategic failure are insufficient knowledge about the environment, changes in the environment, and competitive actions.