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Sunday, November 29, 2009

THOUGHTS ON EXECUTION

From "Execution: The Discipline of Getting Things Done" by Larry Bossidy and Ram Charan.

To understand execution, you have to keep three key points in mind:

1. Execution is a discipline, and integral to strategy.
2. Execution is the major job of the leader.
3. Execution must be a core element of an organization's culture.

Execution is a systematic process of rigorously discussing hows and whats, questioning, tenaciously following through, and ensuring accountability.

The heart of execution lies in the three core processes:
1. The people process
2. The strategy process
3. The operations process

You need robust dialogue to surface the realities of the business. You need accountability for results. You need follow-through to ensure the plans are on track.