The Strategy Implementation Gap
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The Strategy Implementation Gap
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Author : James Bawtree
language : en
Publisher:
Release Date : 2020-06-26
The Strategy Implementation Gap written by James Bawtree and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-26 with Business & Economics categories.
The Strategy Implementation Gap is a guide for executives on how to have a sustainable approach to the right people doing the right things in the right way to achieve the right results."James and Michael have captured the essentials for bridging the strategy implementation gap. This book reflects their decades of helping project leaders and teams win. If you read one book on project management this year, this should be it." Greg Crowther - Founder, Write For Impact
Closing The Execution Gap
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Author : Richard Lepsinger
language : en
Publisher: John Wiley & Sons
Release Date : 2010-05-11
Closing The Execution Gap written by Richard Lepsinger and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-05-11 with Business & Economics categories.
CLOSING THE EXECUTION GAP Once upon a time strategy was king. Leaders immersed themselves in the matter of planning how best to achieve their company's goals. The subject dominated the attention of senior executives and the writings of consultants and management gurus. Experts of various stripes weighed in on how to put strategic planning processes in place and transform employees at all levels into strategic thinkers. Naturally, leaders assumed all this strategizing would pay off. And yet, for too many organizations the promised results never came to pass. Quite simply, they couldn't execute. Now, the business world has shifted its focus to the consistent delivery of results. If an organization can't execute its plans and initiatives, nothing else matters: not the most solid, well thought-out strategy, not the most innovative business model, not even technological breakthroughs that could transform an industry. As it turns out, the "conventional wisdom" about what it takes to implement strategy and deliver results isn't all that wise. So what really differentiates the companies that are able to get things done day-to-day and deliver consistent results? The answer is found in the pages of Richard Lepsinger's ground-breaking book, Closing the Execution Gap. Based on extensive research and years of practical experience, the book outlines five prerequisites for effective execution and five "Bridges" that differentiate companies that do it best. It also describes six "Bridge Builders" leaders at all levels can use to close the execution gap in their company or team and help people get things done. Specifically, it addresses: What really gets in the way of getting things done—for individuals, teams and entire companies What leaders can do to enhance their organization's ability to close the execution gap and achieve solid business results What it takes to consistently execute plans and initiatives at a day-to-day operational level The book features many case studies of companies that have a track record of effective execution (Hewlett-Packard, Costco, Procter & Gamble) and those who have struggled with closing the gap between creating a vision and delivering results (Dell, American Airlines, GM). As the business world becomes more competitive and less forgiving, execution matters more than ever. This is a book for the times we live in—and one that for many companies could mean the difference between success and failure.
Time Talent Energy
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Author : Michael C. Mankins
language : en
Publisher: Harvard Business Review Press
Release Date : 2017-02-14
Time Talent Energy written by Michael C. Mankins and has been published by Harvard Business Review Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-02-14 with Business & Economics categories.
Managing Your Scarcest Resources Business leaders know that the key to competitive success is smart management of scarce resources. That's why companies allocate their financial capital so carefully. But capital today is cheap and abundant, no longer a source of advantage. The truly scarce resources now are the time, the talent, and the energy of the people in your organization--resources that are too often squandered. There's plenty of advice about how to manage them, but most of it focuses on individual actions. What's really needed are organizational solutions that can unleash a company's full productive power and enable it to outpace competitors. Building off of the popular Harvard Business Review article "Your Scarcest Resource," Michael Mankins and Eric Garton, Bain & Company experts in organizational design and effectiveness, present new research into how you can liberate people's time, talent, and energy and unleash your organization's productive power. They identify the specific causes of organizational drag--the collection of institutional factors that slow things down, decrease output, and drain people's energy--and then offer a pragmatic framework for how managers can overcome it. With practical advice for using the framework and in-depth examples of how the best companies manage their people's time, talent, and energy with as much discipline as they do their financial capital, this book shows managers how to create a virtuous circle of high performance.
Addressing The Strategy Implementation Gap With A Liabilities Approach
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Author : Gabriel Ketshabelakae Maotwanyane
language : en
Publisher:
Release Date : 2018
Addressing The Strategy Implementation Gap With A Liabilities Approach written by Gabriel Ketshabelakae Maotwanyane and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
The plethora of studies existing in the field of strategic management especially strategy implementation, has exhausted theories such as agency theory, organisational theory, social system theory, social learning theory, and expectancy theory in trying to provide solutions to organisational problems, as they have not been successful in addressing the implementation gap. Poor implementation or organisational performance Aguinis (2013) is and continues to be a matter of grave concern in organisations Cooks (2010); Chimhanzi (2004); Barksdale & Darden (1971); Felton (1959) with Churchman (1975) labelling it aÌ22́Ơ¿3the implementation problemaÌ22́Ơ℗+. Strategy implementation is still ill understood, approached from various viewpoints Dinwoodie, Quinn & Mc Guire (2014); Van de Merwe (2013); Tait & Nienaber (2010) acknowledged and the typical approach of most researchers in investigating implementation is to enhance implementation prospects Chimhanzi (2004) and neglect the negative side which potentially might provide answers to most problems. Through Narrative Research, Strategy Implementation Narrative Capture Statements and in-depth interviews using Triads and Dyads were administered on Top Management, Senior Management, and Middle Management. The purpose of this study was to elicit narratives / stories to try and answer the research question: How to address strategy implementation gap with a liabilities approach? The fragmented stories were collected over a period of three months at the Water Utilities Corporation (WUC) Head Office and five other branches countrywide. The primary question which this research sought to answer was: How can the liabilities approach and insights gained enhance strategy implementation? The secondary questions were: How can these gained insights enable organisations achieve success? Why is there limited success at implementation and are there gaps existing in strategy implementation? Three liabilities notably, The Liability of Engagement, the Liability of Decision Making Autonomy and the Liability of Perceived Institutional Support (negative influences, items and means, which an organisation has access to, which contribute or detracts organisational performance to generate economic rents) have been identified following the literature review, dyads and triads data analysis, these collectively are labelled Strategy Implementation Liabilities (SILs) being negative influences, destructive holdings and processes encountered at strategy implementation. This study makes four contributions to the academic literature of strategic management and the Liabilities Theory. This study found evidence of the presence of Strategy Implementation Liabilities within the case organisationaÌ22́Ơ4́Øs strategy implementation processes, and these ought to be averted, mitigated and or removed from beneficial processes of business for effective and successful implementation. Organisations have to be aware of these liabilities as potentially, they can lead to economic loss and competitive disadvantages. These identified liabilities can vary across organisations and units, depending on the strategy and the extent of the already experienced implementation barriers. Strategy Implementers/ Executors should note that they have to contend with them, they are not independent but interdependent and therefore must respond with individualised strategies which take cognisance of their strengths and weaknesses (Pretorius, 2009). Lastly, these identified liabilities require more time to overcome by organisations since they are hidden within the processes, this calls for concerted effort such as the commitment of the organisational resources. The critical recommendation would be to test the existence or prevalence of the Strategy Implementation Liabilities in other organisational settings and use the Strategy Implementation Liabilities Framework (see Figure 7.40) to identify any set of liabilities, avert,mitigate and or remove them from beneficial processes.The possible strength of the correlations between these liabilities would be determined in order to identify those liabilities which might be considered to be critical, as this would enable management to then address as a matter of priority. The possibility of identifying and recognising liabilities at the strategy formulation process could be an option such that these are noted at strategy implementation where processes could be put in place to accordingly deal with.
The Strategy Handbook Part 2 Strategy Execution
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Author : Jeroen Kraaijenbrink
language : en
Publisher: Effectual Strategy Press
Release Date : 2018-01-18
The Strategy Handbook Part 2 Strategy Execution written by Jeroen Kraaijenbrink and has been published by Effectual Strategy Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-18 with Business & Economics categories.
In this second part of The Strategy Handbook, Jeroen Kraaijenbrink offers a refreshing and practical approach to strategy execution that completes the strategy process outlined in Part 1. Grounded in both research and practical experience, the book provides a structured approach to making strategy execution work. In an enjoyable and to-the-point style, The Strategy Handbook guides you through a four-step approach to strategy execution and shows you how this approach can be tailored to the specific needs of an organization. Like Part 1, the book comes with a wealth of advice, tools and checklists that can be applied immediately in the everyday practice of any organization wanting to execute strategy. The book serves as a complement to Part 1 but can also be used separately. The book is again easy to understand and to apply. Rooted in research though, it demonstrates a deep awareness of the complexity and difficulty of strategy execution in practice. Through this effective combination of simplicity and depth, Part 2 of The Strategy Handbook is a must-read for novices and more seasoned executives, managers and entrepreneurs.
Successful Strategy Implementation
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Author : Monika Sadowska
language : en
Publisher: GRIN Verlag
Release Date : 2014-04-23
Successful Strategy Implementation written by Monika Sadowska and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-04-23 with Business & Economics categories.
Seminar paper from the year 2012 in the subject Business economics - Business Management, Corporate Governance, grade: 2,7, Munich University of Applied Sciences, language: English, abstract: Mostly, companies are facing the question: Are we doing the right things? But rarely: Are we doing the things right? (cf. Kreikebaum et al. 2011, p. 161) So, what is the difference between these two questions? The first one is about the companies’ strategy, the second about the implementation of it. As simple as it sounds – it is not! A great strategy or breakthrough technology is only then a competitive advantage, if it is implemented and executed firmly. Unfortunately, most companies fail at this attempt (cf. Neilson et al. 2008, p. 143). A variety of studies has shown that there is a great gap between strategy development and strategy implementation. A study from Corboy & O’Corrbui claim that nearly 70% (cf. Corboy & O’Corrbui 1999, p. 29) of strategic plans are not implemented successfully; different ones say the numbers of failure are even much higher and revolve around 90% (cf. DeLisi 2001, p. 2; Riekhof & Offermann 2006, p. 31). Many managerial books are focusing on the strategy development, the question how to find the right strategy, but not that many face the question how to implement the ideas into practice. As the strategy development processes work well and a vast number of well-tested tools for analysis and development of strategies as well as high-quality management books concentrating on strategy derivation processes exist, the gap is on the side of the strategy implementation. In the meantime, all over the world corporations are losing billions and simultaneously jeopardizing their future while failing in strategy execution and implementation. In practice, there is still a lack of coordination of strategy implementation processes. On the one hand there is no consistency of strategy programs especially when it comes to realisation of strategies and on the other hand there are too many or impropriate tools in use. While hundreds of different strategy tools and methods are today available, also in computerized form and included into specific processes, there is still a lack of information how to use them efficiently and how to implement them into the strategic roadmap. This paper is closing the gap between strategy and practice, facing the issues of strategy implementation and presenting a checklist for successful strategy implementation
The Strategy Gap
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Author : Michael Coveney
language : en
Publisher: John Wiley & Sons
Release Date : 2003-04-21
The Strategy Gap written by Michael Coveney and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-04-21 with Business & Economics categories.
With shortened business cycles, increased competition, and rapidly changing technologies, companies need to be more nimble than ever. They must narrow the gap between strategy formulation and operation execution to guarantee success. The Strategy Gap will provide a framework that senior financial managers can use to ensure that their strategies are implemented successfully and that their corporations remain competitive. Filled with informative case studies and best practices for optimum financial processes, this valuable resource will help managers leverage information technology to successfully implement corporate strategies. This book also shows managers how to eliminate surprises in poorly managed or unforeseen activities, while applying new approaches to financial management for faster and more accurate business modeling. Expert advice from those who have used these strategies clearly explains how to integrate planning, budgeting, consolidation, and reporting into one cohesive management system.
The Focused Organization
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Author : Antonio Nieto-Rodriguez
language : en
Publisher: Routledge
Release Date : 2016-03-16
The Focused Organization written by Antonio Nieto-Rodriguez and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-16 with Business & Economics categories.
In The Focused Organization Antonio Nieto-Rodriguez shows you how fewer, more effectively elected and managed projects are the key to strategic and long-term success. Using his own research and work experience he explains how and why those organizations that focus on just a few key initiatives can perform significantly better than unfocused organizations, not only financially but also in achieving their strategic objectives and motivating their staff. The author introduces a new way of looking at a company through two very different and often conflicting dimensions: running-the-business and changing-the-business. What you add to one dimension you have to subtract from the other one. Finding the right balance between these two dimensions represents one of the major challenges to successful strategy execution. Becoming a focused organization involves a radical change in the way companies are organized and the way they select and manage projects - the creation of a new culture. The Focused Organization discusses the characteristics that comprise a focused organization. It describes key areas where a focused organization builds its levels of maturity; provides examples of focused organizations that outperform the rest; and explains in practical steps how all enterprises can become focused. The book finishes with a unique and inspiring case study that transports us to the early days of the current business world. Through the main character, Benny White, we learn how a business was conducted and how management evolved over decades with the introduction of business theories, including project management.
Implementing Strategy
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Author : Lawrence G. Hrebiniak
language : en
Publisher: Macmillan College
Release Date : 1984-01-01
Implementing Strategy written by Lawrence G. Hrebiniak and has been published by Macmillan College this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984-01-01 with Business planning. categories.