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At odds: Company spending and strategy in industrial products

Fit for Growth Index Profiler results

PwC’s Strategy& surveyed 410 executives in the industrial industry to understand how well the companies they worked for lived their strategy. Here is what they said.

Infographic highlighting strategic challenges in companies. It states: 'Most companies' strategies are surprisingly unclear.' Supporting statistics include: 84% say their strategy is not well understood across the organization; 72% say their capabilities are not materially different or advantageous; 74% say their strategy is not often articulated into specific actions. Source: PwC's Strategy&, Fit for Growth Index Profiler, 2013–2017
Infographic about cost-cutting strategies in companies. It reads: 'A majority of companies allocate time and resources without using a strategic perspective.' Below, it states: 'Of the executives surveyed, 56% said they cut costs only when markets or events require it.' Includes an illustration of a person sitting and thinking, and a circular graphic emphasizing the 56%. Source: PwC's Strategy&, Fit for Growth Index Profiler, 2013–2017
Infographic showing survey results on organizational challenges. It reads: 'Organizational issues make the problem harder to solve.' Key statistics include: 82% say incentives do not clearly support needed activities and outcomes; 50% say funding for strategic initiatives feels ad hoc or informal; 28% say their organization's culture conflicts with strategic imperatives. Source: PwC's Strategy&, Fit for Growth Index Profiler, 2013–2017.

Additional industry insights

Employees see room to educate on strategy

Strategy& surveyed 480 executives from companies in the technology, telecommunications, and media industries to understand how well they align their strategy and cost agenda.

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Retailers strategy and spending are at odds

Strategy& surveyed 100 executives from companies in the retail and consumer products industries to understand how well they align their strategy and cost agenda.

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Companies' spending is at odds with their own strategies

Strategy& surveyed more than 1900 executives from companies of all sizes around the world to understand how well they align their strategy and cost agenda.

Find out more about Fit for Growth

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Vinay Couto

Vinay Couto

Principal, Strategy& US

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