By Lawrence G. Hrebiniak
With no potent execution, no enterprise technique can prevail. regrettably, so much managers comprehend way more approximately constructing process than approximately executing it -- and overcoming the tough political and organizational stumbling blocks that stand of their method. during this e-book, major advisor and Wharton professor Lawrence Hrebiniak deals the 1st accomplished, disciplined method version for making approach paintings within the actual global. Drawing on his unsurpassed event, Hrebiniak exhibits why execution is much more very important than many senior executives become aware of, and sheds robust new gentle on why companies fail to carry on even their such a lot promising options. subsequent, he deals a scientific roadmap for execution that encompasses each key luck issue: organizational constitution, coordination, info sharing, incentives, controls, switch administration, tradition, and the position of strength and impact on your company. Making procedure paintings concludes with a start-to-finish case learn displaying how one can use Hrebeniak's rules to deal with considered one of modern-day such a lot tricky enterprise execution demanding situations: making sure the good fortune of a merger or acquisition.
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Extra resources for Making Strategy Work: Leading Effective Execution and Change
Example text
Firms will try to benchmark a successful execution of strategy. v Southwest Airlines, for example, does many things differently than most large airlines. It has no baggage transfer, serves no meals, issues no boarding passes, uses one type of airplane (reducing training and maintenance costs), and incents fast turnaround at 12 HREBINIAK: MAKING STRATEGY WORK the gate. It has developed capabilities and created a host of activities to support its low-cost strategy. Other airlines are hard pressed to copy it, as they’re already doing everything Southwest isn’t.
Exercising execution-biased leadership CHAPTER 1 • STRATEGY EXECUTION IS THE KEY 23 HAVING A MODEL OR GUIDELINES FOR EXECUTION Managers need a logical model to guide execution actions. Without guidelines, execution becomes a helter-skelter affair. Without guidance, individuals do the things they think are important, often resulting in uncoordinated, divergent, even conflicting decisions and actions. Without the benefit of a logical approach, execution suffers or fails because managers don’t know what steps to take and when to take them.
My goal was to learn about execution from those most qualified to give me the scoop—managers actually dealing with strategy execution. I could have relied solely on my own consulting experiences. I felt, however, that a more widespread approach—surveys directed toward many practicing managers— would yield additional positive results and useful insights into execution issues. , a wellknown research organization, and me, a Wharton professor. This is a relatively recent project, with data collection and analysis in 2003.