Dear Readers
We have seen this trend (as it was as routine in past years) in past years, esp. during year 2000-2003, many of top notch CEO’s were sacked, transferred or their perks were restructured.
The very reason for sacking these heroes of the companies, was just one reason, they were not able to show the credibility to the commitment they made in Board Meetings.
As per the general survey conducted by research companies on this, they came out with very interesting findings.
All the CEO’s were very well known for their performances during their previous assignments, they were good at planning, organizing, and other areas of management.
As per my view, they all just lacked one basic element of “Executing” the plans, ideas. It is the most fundamental sense; Execution is a systematic way of exposing reality and acting on it.
The heart of execution lies in the three core process: the people process, the strategy process and operations process. Every business or company uses these processes in one form or the other.
Generally, when people go in board room for meeting, they all look at the PowerPoint presentation, nod their heads but surprisingly no one has any questions, doubts and the basic “No Commitments”.
These Processes are tightly linked to one another, not compartmentalized among staffs. Strategy takes account of people and operational realities. People are chosen and promoted in light of Strategic and operational plans. Operations are linked to strategic goals and human capacities.
Execution is the Job of the Business Leader.
An organization can execute only if the Leaders heart and soul are immersed in the company. Leading is more than thinking big, or schmoozing with investors and law makers, although those are part of job. The Leader has to be engaged personally and deeply in the business. Execution requires comprehensive understanding of the business, people and its environment.
The Leader must be in charge of getting things done by running the three core process- picking other Leaders, setting strategic directions and conducting operations. These actions are substance of execution, and Leaders can not delegate them regardless of the size of the organization.
Execution has to be embedded in the reward systems and in the norms of behaviors that everyone practices.
Why People Don’t Get It? If execution is so important, why it is so neglected? Because still execution has not been recognized or taught as discipline.
The real problem is that Execution just doesn’t sound very sexy. It’s stuff a Leader Delegates. And during Delegation they forget their basic responsibility of getting things done or executed and reap the profitability metrics, which are discussed in board rooms.
We have seen this trend (as it was as routine in past years) in past years, esp. during year 2000-2003, many of top notch CEO’s were sacked, transferred or their perks were restructured.
The very reason for sacking these heroes of the companies, was just one reason, they were not able to show the credibility to the commitment they made in Board Meetings.
As per the general survey conducted by research companies on this, they came out with very interesting findings.
All the CEO’s were very well known for their performances during their previous assignments, they were good at planning, organizing, and other areas of management.
As per my view, they all just lacked one basic element of “Executing” the plans, ideas. It is the most fundamental sense; Execution is a systematic way of exposing reality and acting on it.
The heart of execution lies in the three core process: the people process, the strategy process and operations process. Every business or company uses these processes in one form or the other.
Generally, when people go in board room for meeting, they all look at the PowerPoint presentation, nod their heads but surprisingly no one has any questions, doubts and the basic “No Commitments”.
These Processes are tightly linked to one another, not compartmentalized among staffs. Strategy takes account of people and operational realities. People are chosen and promoted in light of Strategic and operational plans. Operations are linked to strategic goals and human capacities.
Execution is the Job of the Business Leader.
An organization can execute only if the Leaders heart and soul are immersed in the company. Leading is more than thinking big, or schmoozing with investors and law makers, although those are part of job. The Leader has to be engaged personally and deeply in the business. Execution requires comprehensive understanding of the business, people and its environment.
The Leader must be in charge of getting things done by running the three core process- picking other Leaders, setting strategic directions and conducting operations. These actions are substance of execution, and Leaders can not delegate them regardless of the size of the organization.
Execution has to be embedded in the reward systems and in the norms of behaviors that everyone practices.
Why People Don’t Get It? If execution is so important, why it is so neglected? Because still execution has not been recognized or taught as discipline.
The real problem is that Execution just doesn’t sound very sexy. It’s stuff a Leader Delegates. And during Delegation they forget their basic responsibility of getting things done or executed and reap the profitability metrics, which are discussed in board rooms.
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