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Author: Liz Mellon
Publisher: McGraw Hill Professional
ISBN: 0071815325
Category : Business & Economics
Languages : en
Pages : 224
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Book Description
YOU HAVE A BRILLIANT NEW STRATEGY. NOW IT'S TIME TO EXECUTE. Businesses spend a combined total of $47 billion annually on strategy consulting. Approximately 90 percent of strategic change initiatives fail to deliver the intended results. Something isn't adding up. As companies all over the world concentrate on revisiting, revising, and remaking their strategies, they forget the next step: making sure the strategy happens. So it turns out that billions of dollars are spent on brilliant ideas--but not brilliant results. In this groundbreaking book, business strategy experts Liz Mellon and Simon Carter provide a solution: THE STRATEGY OF EXECUTION. The authors break down the process of ensuring that your new strategy translates into measurable profits and growth into five fundamental and profoundly important steps: MOBILIZE THE VILLAGE: Get your senior executives to embrace the new strategy and actively engage with it. GATHER THE ELDERS: Build a small team of the very highest figures in the corporation to lead strategic change. POWER UP FEELING: Don't overthink it; trust your instincts as much as your intellect. ENERGIZE PEOPLE: Create a culture of communication, ownership, and followthrough of strategic objectives. BUILD ENDURANCE: Drive individual and organizational resilience to play the long game and hardwire change throughout systems and organizational structures to maintain momentum. In the final chapter, the authors illustrate their process in action through a detailed case study of BPB PLC--a century-old building material company that applied these five steps to make extraordinary strategic change happen. You can lead positive change in your company. A strategy is just words on paper until it's executed with care and smarts. Use The Strategy of Execution as a blueprint for long-term business success. There are a lot of smart people coming up with innovative business strategies today. Very few of them, however, are executing them. The gap between strategy and execution has never been wider. The Strategy of Execution provides a practical approach to the work that must be done after a business strategy is agreed upon. "This is a highly readable guide to one of the most under-researched areas of strategy; execution. Strategists have always had more solutions than there are problems, but the issue of what to do when they leave the building has not been satisfactorily addressed. Liz Mellon and Simon Carter have put together a clear framework for execution illustrated with countless examples. Industry leaders are called ‘executives’ for a reason. This crisp and accessible book should be their mandatory reading." -- PAUL WILLMAN, Professor of Management, London School of Economics "This is a clearly written and very readable book, with key insights into the challenges of implementing a strategy and good examples from individuals and organizations that have brought about successful change." -- ANDREW HOBDAY, Chief Sustainability Officer, Mars Incorporated "One aspect of leadership that has always puzzled me is how a leader directs change for the good of the organization and the people. Too often, when a leader talks about change, employees expect the worst. This insightful book lays out a step-by-step guide on how to execute a strategy with warmth and conviction, bringing people with you rather than dragging them, fearful, behind you." -- KEVIN KELLY, former CEO, Heidrick & Struggles
Author: Aiden Sisko
Publisher: Gem delos Santos
ISBN: 1310770212
Category : Business & Economics
Languages : en
Pages : 53
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Book Description
(excerpt) Corporate executives can meet for days putting together a strategy that is not only brilliant in concept, but complete in design. A company can have this plan in the palm of their hands, knowing success is imminent if it is properly applied. The problem occurs when this type of plan is executed in a manner that is far less from complete, systematic, or desirable. The opposite can be true as well: Even with the very best team assembled and prepared to begin taking the planned steps toward the goal, if the strategy is lacking, the company and its stakeholders are going to suffer in one way or another. The solution is simple: By getting your organization’s departments, their routines, and their schedules to coincide with an excellent plan of attack, and if you prioritize the tasks before you properly and with wisdom, you will be able to take successful steps that lead to the end result you and your team are seeking for your organization. ================= TABLE OF CONTENTS ================= Introduction I.....Ideation Future Plans & Strategies What is your mission & what do you do? Clarify why the company exists. Set firm guidelines for conduct. Community Service Re-align your Surroundings Strengthen your Consumer Brand Re-assess the Process used for Hiring Your Brand and its Benefits Storylines & Narratives Corporate Integrity & Values Be Creative Long-Term Goals Teams for Focus Analyze N.....Nature Collaborative Culture Culture of Competence Control Culture Culture of Cultivating Leaders prepared to make changes if needed. Real leaders who live what they preach. Workers who recognize the need to restructure the current culture are vital. All focus is on the prize. Resources Rewards Delegation of Decision Making The Competent Structure The Collaborative Structure The Cultivated Structure The Control Structure V.....Vision How will consumers know we are on the right road? What is our desired end result? What do we expect to produce? Does our strategy fit our goals? What indicators are ahead in the game? Do we have a specific route mapped for our strategy? Implement Score Cards Meet to Set Goals Offer Incentives Execution of Strategy Keep an Eye out for Flubs E.....Engage Be Ready to Renovate your Portfolio Regularly Decide on and Direct Resources with Thought and Wisdom Have a Plan in Place for Project Back-Up Choose the Project that will Contribute to Company Growth Set a Proper Order of Business Make Needed Items Available Assess Projects Portfolio Management Assess your own Portfolio Management Skills Resource Creation S.....Synthesis Provide an Open Road for Fast Response Make Things Easy Keep your Eyes on the Prize Deadline Based Pooled Together Reciprocating In Sequence Project Moves too Fast Resource Hogging Develop Leadership Create Solid Management Processes Office for Program Management System Improvement T.....Transition Maintenance Knowledge Add-on Ideas New Team Members Suppliers Changing Competition The Project Provides Output Documents/Records Computer and other systems Processes and methods used Software and Hardware The Project Consists of Outcomes Easier usage Higher production Faster response Increased performance
Author: Liz Mellon
Publisher: McGraw Hill Professional
ISBN: 0071815325
Category : Business & Economics
Languages : en
Pages : 224
Get Book
Book Description
YOU HAVE A BRILLIANT NEW STRATEGY. NOW IT'S TIME TO EXECUTE. Businesses spend a combined total of $47 billion annually on strategy consulting. Approximately 90 percent of strategic change initiatives fail to deliver the intended results. Something isn't adding up. As companies all over the world concentrate on revisiting, revising, and remaking their strategies, they forget the next step: making sure the strategy happens. So it turns out that billions of dollars are spent on brilliant ideas--but not brilliant results. In this groundbreaking book, business strategy experts Liz Mellon and Simon Carter provide a solution: THE STRATEGY OF EXECUTION. The authors break down the process of ensuring that your new strategy translates into measurable profits and growth into five fundamental and profoundly important steps: MOBILIZE THE VILLAGE: Get your senior executives to embrace the new strategy and actively engage with it. GATHER THE ELDERS: Build a small team of the very highest figures in the corporation to lead strategic change. POWER UP FEELING: Don't overthink it; trust your instincts as much as your intellect. ENERGIZE PEOPLE: Create a culture of communication, ownership, and followthrough of strategic objectives. BUILD ENDURANCE: Drive individual and organizational resilience to play the long game and hardwire change throughout systems and organizational structures to maintain momentum. In the final chapter, the authors illustrate their process in action through a detailed case study of BPB PLC--a century-old building material company that applied these five steps to make extraordinary strategic change happen. You can lead positive change in your company. A strategy is just words on paper until it's executed with care and smarts. Use The Strategy of Execution as a blueprint for long-term business success. There are a lot of smart people coming up with innovative business strategies today. Very few of them, however, are executing them. The gap between strategy and execution has never been wider. The Strategy of Execution provides a practical approach to the work that must be done after a business strategy is agreed upon. "This is a highly readable guide to one of the most under-researched areas of strategy; execution. Strategists have always had more solutions than there are problems, but the issue of what to do when they leave the building has not been satisfactorily addressed. Liz Mellon and Simon Carter have put together a clear framework for execution illustrated with countless examples. Industry leaders are called ‘executives’ for a reason. This crisp and accessible book should be their mandatory reading." -- PAUL WILLMAN, Professor of Management, London School of Economics "This is a clearly written and very readable book, with key insights into the challenges of implementing a strategy and good examples from individuals and organizations that have brought about successful change." -- ANDREW HOBDAY, Chief Sustainability Officer, Mars Incorporated "One aspect of leadership that has always puzzled me is how a leader directs change for the good of the organization and the people. Too often, when a leader talks about change, employees expect the worst. This insightful book lays out a step-by-step guide on how to execute a strategy with warmth and conviction, bringing people with you rather than dragging them, fearful, behind you." -- KEVIN KELLY, former CEO, Heidrick & Struggles
Author: Patrick J. Stroh
Publisher: John Wiley & Sons
ISBN: 1118893220
Category : Business & Economics
Languages : en
Pages : 101
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Book Description
Embrace strategies for improving your business and reaching your organization's goals "I wholeheartedly agree with Patrick Stroh: Good leaders understand strategy and good strategists need to be good leaders. Make this book a strategic tool for improving your business strategy." — Harvey Mackay, author of the #1 New York Times bestsellerSwim With The Sharks Without Being Eaten Alive In today's fast-moving and competitive business environment, strong leadership, insightful strategy, and effective innovation are critical links to staying ahead of your competition. Getting your business house in order can often be complicated, but does it really have to be? How do you take MBA 101 lessons, great models, and exceptional concepts and put them into play in the real world? Business Strategy: Plan, Execute, Win! strives to answers these questions in an educational and entertaining format. Working as a Fortune 20 practitioner with C-level executives, author Patrick Stroh has a keen understanding of the role played by current day strategists. With 5 chapters following the format of "All I Ever Needed to Learn About Business Strategy I Learned..." At the Movies, On the Farm, On Shark Tank, On Hell's Kitchen, and From the Bible, readers will gain valuable strategic insight regardless of industry, business maturity, or current business turbulence and how to apply these insights based on the factors impacting their own business. Each chapter ends with a One Chapter Conclusion, Two Gold Nuggets the reader is to write down and Three Additional Resources/Tools for more information, offering a practical roadmap to simplifying your success.
Author: Aiden Sisko
Publisher: Createspace Independent Publishing Platform
ISBN: 9781501096969
Category :
Languages : en
Pages : 60
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Book Description
Corporate executives can meet for days putting together a strategy that is not only brilliant in concept, but complete in design. A company can have this plan in the palm of their hands, knowing success is imminent if it is properly applied. The problem occurs when this type of plan is executed in a manner that is far less from complete, systematic, or desirable. The opposite can be true as well: Even with the very best team assembled and prepared to begin taking the planned steps toward the goal, if the strategy is lacking, the company and its stakeholders are going to suffer in one way or another. The solution is simple: By getting your organization's departments, their routines, and their schedules to coincide with an excellent plan of attack, and if you prioritize the tasks before you properly and with wisdom, you will be able to take successful steps that lead to the end result you and your team are seeking for your organization. ================= TABLE OF CONTENTS ================= Introduction I.....Ideation Future Plans & Strategies What is your mission & what do you do? Clarify why the company exists. Set firm guidelines for conduct. Community Service Re-align your Surroundings Strengthen your Consumer Brand Re-assess the Process used for Hiring Your Brand and its Benefits Storylines & Narratives Corporate Integrity & Values Be Creative Long-Term Goals Teams for Focus Analyze N.....Nature Collaborative Culture Culture of Competence Control Culture Culture of Cultivating Leaders prepared to make changes if needed. Real leaders who live what they preach. Workers who recognize the need to restructure the current culture are vital. All focus is on the prize. Resources Rewards Delegation of Decision Making The Competent Structure The Collaborative Structure The Cultivated Structure The Control Structure V.....Vision How will consumers know we are on the right road? What is our desired end result? What do we expect to produce? Does our strategy fit our goals? What indicators are ahead in the game? Do we have a specific route mapped for our strategy? Implement Score Cards Meet to Set Goals Offer Incentives Execution of Strategy Keep an Eye out for Flubs E.....Engage Be Ready to Renovate your Portfolio Regularly Decide on and Direct Resources with Thought and Wisdom Have a Plan in Place for Project Back-Up Choose the Project that will Contribute to Company Growth Set a Proper Order of Business Make Needed Items Available Assess Projects Portfolio Management Assess your own Portfolio Management Skills Resource Creation S.....Synthesis Provide an Open Road for Fast Response Make Things Easy Keep your Eyes on the Prize Deadline Based Pooled Together Reciprocating In Sequence Project Moves too Fast Resource Hogging Develop Leadership Create Solid Management Processes Office for Program Management System Improvement T.....Transition Maintenance Knowledge Add-on Ideas New Team Members Suppliers Changing Competition The Project Provides Output Documents/Records Computer and other systems Processes and methods used Software and Hardware The Project Consists of Outcomes Easier usage Higher production Faster response Increased performance Other books by JNR Publishing Group
Author: Paul Leinwand
Publisher: Harvard Business Review Press
ISBN: 1625275218
Category : Business & Economics
Languages : en
Pages : 277
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Book Description
How to close the gap between strategy and execution Two-thirds of executives say their organizations don’t have the capabilities to support their strategy. In Strategy That Works, Paul Leinwand and Cesare Mainardi explain why. They identify conventional business practices that unintentionally create a gap between strategy and execution. And they show how some of the best companies in the world consistently leap ahead of their competitors. Based on new research, the authors reveal five practices for connecting strategy and execution used by highly successful enterprises such as IKEA, Natura, Danaher, Haier, and Lego. These companies: • Commit to what they do best instead of chasing multiple opportunities • Build their own unique winning capabilities instead of copying others • Put their culture to work instead of struggling to change it • Invest where it matters instead of going lean across the board • Shape the future instead of reacting to it Packed with tools you can use for building these five practices into your organization and supported by in-depth profiles of companies that are known for making their strategy work, this is your guide for reconnecting strategy to execution.
Author: B. Keith Simerson
Publisher: Bloomsbury Publishing USA
ISBN: 0313384819
Category : Business & Economics
Languages : en
Pages : 294
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Book Description
In this book, an expert in business strategy shows how to create and evaluate a strategic plan and execute that plan successfully. When it comes to strategic planning, B. Keith Simerson knows from experience what works and what doesn't. Strategic Planning: A Practical Guide to Strategy Formulation and Execution weaves that knowledge into a roadmap for anyone charged with creating a strategic plan, evaluating a strategic planning process, or executing resulting strategies in an effective and efficient way. Not a one-size-fits-all solution, the book offers a menu of information and options based on a broad view of strategic planning and offers correspondingly broad applicability. The guide focuses on two major aspects of the planning process: the multitude of factors contributing to an effective strategic planning framework and the multitude of drivers and enablers of successful execution. Armed with concrete information, readers will learn to create and execute a business strategy, a personal strategic action plan, or strategies for any kind of for-profit or nonprofit organization. Specific methodologies, tools, and techniques will guide readers to successful strategy formation—and execution.
Author: Richard Busulwa
Publisher: Routledge
ISBN: 1351232177
Category : Business & Economics
Languages : en
Pages : 200
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Book Description
Almost all organisations today face unprecedented levels of change, complexity and volatility. Navigating the resultant disruption dynamics is one of the most important stewardship challenges facing strategic leaders. Getting it right can pay enormous dividends, but getting it wrong can lead to spectacular failure and the ultimate demise of once admired organisations. To address this threat, strategic leaders need to better understand how to navigate complexity and volatility and how to execute strategy in this rapidly changing environment. This book identifies 12 different strategy execution processes used to realise deliberate and emergent strategies – each illustrated with case studies and essential lessons for strategic leaders. The authors then discuss the effectiveness of these processes in different types of complex environments, showing how, used in isolation, each process can, at times, impede performance, sometimes creating survival risks that materialise today or in the future. The authors show the importance of "ambidexterity" and the need for organisations to balance the pursuit of internal efficiency and external market flexibility, both of which are essential to thriving in complex environments. This book provides essential tools for leaders to rethink and reconfigure their strategy execution practices in light of the significant change surrounding their organisations. The book is based on a 5-year, multistage study comprehensively reviewing cutting-edge research on strategy execution, reviewing seminal texts on strategy execution and, through in-depth case study interviews and cross-sectional surveys, identifying contemporary strategy execution practices of a range of different organisations across industries and sectors.
Author: Harvard Business Review
Publisher: Harvard Business Press
ISBN: 1422158004
Category : Business & Economics
Languages : en
Pages : 222
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Book Description
Business.
Author: Alan G. Lafley
Publisher: Harvard Business Press
ISBN: 142218739X
Category : Business & Economics
Languages : en
Pages : 274
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Book Description
Explains how companies must pinpoint business strategies to a few critically important choices, identifying common blunders while outlining simple exercises and questions that can guide day-to-day and long-term decisions.
Author: Martin Reeves
Publisher: Harvard Business Review Press
ISBN: 1625275870
Category : Business & Economics
Languages : en
Pages : 281
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Book Description
You think you have a winning strategy. But do you? Executives are bombarded with bestselling ideas and best practices for achieving competitive advantage, but many of these ideas and practices contradict each other. Should you aim to be big or fast? Should you create a blue ocean, be adaptive, play to win—or forget about a sustainable competitive advantage altogether? In a business environment that is changing faster and becoming more uncertain and complex almost by the day, it’s never been more important—or more difficult—to choose the right approach to strategy. In this book, The Boston Consulting Group’s Martin Reeves, Knut Haanæs, and Janmejaya Sinha offer a proven method to determine the strategy approach that is best for your company. They start by helping you assess your business environment—how unpredictable it is, how much power you have to change it, and how harsh it is—a critical component of getting strategy right. They show how existing strategy approaches sort into five categories—Be Big, Be Fast, Be First, Be the Orchestrator, or simply Be Viable—depending on the extent of predictability, malleability, and harshness. In-depth explanations of each of these approaches will provide critical insight to help you match your approach to strategy to your environment, determine when and how to execute each one, and avoid a potentially fatal mismatch. Addressing your most pressing strategic challenges, you’ll be able to answer questions such as: • What replaces planning when the annual cycle is obsolete? • When can we—and when should we—shape the game to our advantage? • How do we simultaneously implement different strategic approaches for different business units? • How do we manage the inherent contradictions in formulating and executing different strategies across multiple businesses and geographies? Until now, no book brings it all together and offers a practical tool for understanding which strategic approach to apply. Get started today.
