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The implementation gap, quantified

Take every strategy the cohort approved, price what it promised, and audit what the operation verifiably delivered. The median answer is 34%. This essay is an accounting of the missing two-thirds.

Markham InstituteThe Execution Notes
April 202612 minReviewed before publication

The number needs defending before it needs explaining, because 34% sounds like polemic. It is arithmetic: 214 programmes, each with a written value case at approval and a frozen month-0 baseline, audited at month 24 under a published verification standard. Self-reported outcomes — the figures most implementation statistics are built on — are excluded, because when we audit those, 44% fail basic tests.

So where do the other 66 points go? Not to bad strategy, mostly. When we decompose the gap, the strategy itself — wrong market, wrong economics — accounts for roughly a fifth of the loss. The rest is lost between the document and the operation, in four places we can now name and size.

I

The four leaks

The first leak is load: too many concurrent commitments, the single strongest predictor of failure in the dataset. The second is translation: strategies that never became operating decisions — no owner, no baseline, no date, so the operation politely continued as before. The third is latency: value that arrived so late its window had closed. The fourth is decay: results delivered, celebrated and quietly reabsorbed within a year because nothing held them.

In median shares of the missing value: load 31%, translation 27%, latency 22%, decay 20%. The precision matters less than the pattern — every leak is an operating-model failure, not an analytical one. The strategy was usually right. The organisation asked to carry it was usually never checked for load-bearing capacity.

II

Closing the gap is boring, which is why it works

The top quartile of the cohort delivers 71%, not 34%, and does nothing exotic to get there. Fewer commitments, drawn in phases. Every commitment translated into owners, baselines and dates before launch. A fixed cadence that reviews outcomes weekly. Independent verification before anything is called done. Each repair is dull; the compound effect is a doubling of delivered strategy.

The uncomfortable conclusion for strategy work — ours included — is that the marginal hour spent perfecting the answer is usually worth less than the marginal hour spent load-testing the organisation that must deliver it.

Citation

Cite as: Markham Institute, “The implementation gap, quantified”, Markham Perspectives, April 2026. Republication permitted with attribution.

About this series

The Execution Notes are written by the Markham Institute from engagement evidence, reviewed before publication. Positions are argued, priced, and open to challenge.

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