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Business leaders face relentless pressure to increase the worth of their companies by hitting financial targets. This often causes them to rely on short-term fixes and simplistic “spreadsheet strategies” that lack a true strategic foundation.

But merely setting ambitious goals without aligning the essential elements of strategy can leave companies struggling to create sustainable, long-term value for their stakeholders.

In this live, interactive HBR webinar, Bain & Company partners Darrell Rigby and Zach First introduced a smarter, more effective approach: creating strategic fit—the alignment of seven key strategy elements that drive lasting value. They shared a practical framework for building and sustaining strategy across your organization and explained how to unlock powerful multiplier effects. In addition, their session covered:

• What “strategic fit” is and why it is so important
• How to align the seven essential strategic factors that form the foundation of an effective strategy
• Common pitfalls that undermine strategy execution
• Real-world examples that show strategic fit in action

The payoff is that strategic fit leads to higher stakeholder value and stronger financial performance, which translates into greater total shareholder returns.