4 Es - Jack's famous words - Energy, Energize, Edge and Execute...are essential traits of leadership and Jack Welch chosen Execution a core part of Leadership.
Most of the CEOs think that their job is to do strategy, planning and delegation, but often ignore that
Prof.Ramacharan and Larry Bossidy explains in their book called Execution
Its all starts with leaders behaviours, a Leader must
Ram and Larry advises strongly that one must not delegate having right people in right jobs... Interesting observation is that some leaders do reference checks them selves for key posts to ensure they hire the right person.
Most often, we try to design the organization around the people whom you have currently; but one must design the organization structure, roles in order to embrace the change and then hire/fit the right people in the right jobs.
Another essential part of Execution is to express influential authority, as you got to manage sideways and one must have ability to take tough decisions.
Three processes are identified as core processes
1.People process 2. Strategy process 3.Operational process
The people process is more important than either the strategy or operations processes says Ram and Larry, after all in an organization, people make all the decisions around changing markets, create strategies based on their judgements and translate them in to actions. If you do not get the people process right, you will never fulfill the potential of your business.
Organizations think developing people is not a good Return on Investment, but fail to understand developing a leadership pipeline through continuous improvement reduces the business risk.
Strategy process...well Short Term, Medium Term and Long Term all are important to develop Actions, Programs , Vision and Mission for business success. I hate to live in a Quarter life in an organization, these businesses just take care of Balance sheets and P & Ls...but not sustained business growth. One of the key question one must ask during the strategy process is that what competition is thinking of and can this organization execute the strategy.
Finally the Operational process must make a link with the strategy and people, by building Quarterly plans, key goals and review rigors in order to execute seamlessly.
Most of the CEOs think that their job is to do strategy, planning and delegation, but often ignore that
- Execution is a discipline, and integral part to strategy
- Execution is the major job of the business leader
- Execution must be core element of an organizations culture
Prof.Ramacharan and Larry Bossidy explains in their book called Execution
Its all starts with leaders behaviours, a Leader must
- Know their people, their business and customers
- Insist on realism
- Set clear goals and priorities
- Review and follow-up
- Reward the performance
- Develop people
- Learn and Unlearn
Ram and Larry advises strongly that one must not delegate having right people in right jobs... Interesting observation is that some leaders do reference checks them selves for key posts to ensure they hire the right person.
Most often, we try to design the organization around the people whom you have currently; but one must design the organization structure, roles in order to embrace the change and then hire/fit the right people in the right jobs.
Another essential part of Execution is to express influential authority, as you got to manage sideways and one must have ability to take tough decisions.
Three processes are identified as core processes
1.People process 2. Strategy process 3.Operational process
The people process is more important than either the strategy or operations processes says Ram and Larry, after all in an organization, people make all the decisions around changing markets, create strategies based on their judgements and translate them in to actions. If you do not get the people process right, you will never fulfill the potential of your business.
Organizations think developing people is not a good Return on Investment, but fail to understand developing a leadership pipeline through continuous improvement reduces the business risk.
Strategy process...well Short Term, Medium Term and Long Term all are important to develop Actions, Programs , Vision and Mission for business success. I hate to live in a Quarter life in an organization, these businesses just take care of Balance sheets and P & Ls...but not sustained business growth. One of the key question one must ask during the strategy process is that what competition is thinking of and can this organization execute the strategy.
Finally the Operational process must make a link with the strategy and people, by building Quarterly plans, key goals and review rigors in order to execute seamlessly.
