I am a teacher, and have always followed an exclusive phonics approach in school. I just thought it was worth sharing this experience here, because there are probably other children like my daughter in the world...
My daughter has some word finding difficulties, and cannot remember abstract information. The names of things escape her, so when learning to read, the sounds of letters just became more 'names' she could not put to 'faces'. She gave up wanting to practise her sounds, or play the phonics games on the computer, because she could see she wasn't making progress. Instead, she would spend as long as she was allowed to with 'read aloud' books on the iPad that highlighted the words being read, going over and over the same words, learning them. She brought me simple books to read to her also, asking for them again and again, pointing to specific words and asking for me to read them.
So I gave in. I dug out the 'look and say' books my mother used to teach me, and figured they would at least make her happy. Well they have, because in just over a month of using them, she has unlocked that code for herself, in a way that makes sense to her. We are still reading the scheme books, but this morning we read 'The Cat in the Hat'. She worked out new words by relating them to ones she knew and read fairly fluently. Five weeks ago, she was a non-reader.
I would never say she was neurotypical (she's not), or that phonics is not the best approach for most children. I just thought it was worth mentioning that for a few children, whose brains do not work in the usual way, phonics on its own might not work.