A Publication of WTVP

Successful business involves achieving a delicate balance between strategy and execution. Some companies have great plans that never become operational due to poor execution. Others meander through a maze of daily fires with great urgency and never find the time to plan their future.

The key to successful execution is a shift from a process/activity-oriented thinking to an outcome/systems-oriented approach. This requires management to view organizations as a "system" of individual parts and manage it accordingly. They need to recognize the impact of their actions isn’t localized in scope or timing. Their decisions affect other parts of the organization and can have future consequences. To operate effectively, managers need to identify the key levers that affect the performance of their organization at a systems level and incorporate them into their decision-making process. Here are a few considerations:

Mastery over the art and science of execution will define the leaders of tomorrow. IBI