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Execution: (The Gap Nobody Knows)
Execution: (The Gap Nobody Knows)
Execution: (The Gap Nobody Knows)
Strategies fails because of the gap between what a company's leaders want to achieve and the ability of
their organization to achieve it and that is The gap nobody knows.
It is not a one day process. People might say that they know about that even though they might not have
the slightest idea about what it means to execute.
❖ Execution is a discipline:
➔ It is not tactics
➔ Fundamental to strategy-strategy in par with the ability to execute
➔ rigorously discussing hows and whats
➔ questioning, tenaciously following through, and ensuring accountability.
➔ exposing reality and acting on it
➔ three core processes: the people process, the strategy process, and the operations process.
❖ Execution Is the Job of the Business Leader:
➔ The leader is not exempted
➔ requires a comprehensive understanding of a business, its people, and its environment.
➔ The leader must be in charge of getting things done by running the three core processes—picking
other leaders, setting the strategic direction, and conducting operations.
❖ Execution Has to Be in the Culture:
➔ Execution has to be embedded in the reward systems and in the norms of behavior that everyone
practices.
➔ Everyone in the organization must understand and practice the discipline.
➔ Execution has to be part of an organization's culture, driving the behavior of all leaders at all levels.
➔ Employing six sigma technique DMAIC- SIX SIGMA( tools to improve the capability of their business
processes.)