Category: Business/Investing Publisher: Morgan James
ISBN-10: 1683501438
Type: Non-Fiction
Pages: 283
Copyright: April 11 2017
ISBN-13: 9781683501435
Excellence in Execution starts where most books on this subject finish and explains the "how" to implement strategy.
At a time of tremendous business disruption, leaders need to execute strategies more frequently and more effectively than before.
Excellence in Execution provides a new approach to adopting the right mindset, toolset and skillset to execute strategy. This book—the author’s fourth on the subject—features completely new material. It moves from “why” execution is important to “HOW” to deliver it with tools, techniques, tips and uncommon practices to build your organization’s execution plan.
You’ll benefit from models, frameworks and questions to guide you, 16 years of research and thinking, a video link at the start of key chapters to introduce its content and also:
• Case studies on strategy implementation including Singapore’s DBS Bank
• 18 toolkits and 11 checklists to support your implementation journey
• 182 essential questions to ask before rolling out your new strategy
• Free downloadable templates from the Implementation Hub portal
Excerpt
Many people see execution as the toughest part of the strategy-execution equation. I see it as the most exciting and appealing part. Why? Because it’s in the execution you realize the results, recognize the financial benefits and deliver on the strategy’s phenomenal opportunities.
My personal mantra is “to transform the execution approach globally by changing leaders’ attitude and approach.” This passion has inspired me to write my fourth book on the subject, Excellence in Execution–HOW to Implement Strategy.
This book introduces the research, new thinking and methodology adopted by the clients of the consultancy I founded and operate, Bridges Business Consultancy Int. Bridges has been fortunate to work with clients that include Singapore Airlines, Cisco, Ikea, Estee Lauder, Visa, Honeywell, LVMH, Citigroup, Wipro, DBS Bank, Oracle, AXA, Ministry of Defense, UBS, Petronas, Home Credit, Microsoft, Aditya Birla, Jardines, MSIG, Standard Chartered, Philips, Informatica, UOB, Schneider Electric, B Braun, Autodesk, Maersk, East West Seed and many others.
My first book on implementation, Bricks to Bridges–Make Your Strategy Come Alive (published in 2004), has become an international bestseller. It explains why change management doesn’t work when implementing strategy and why execution deserves to be a separate topic from strategy (which it was not at the time). Bricks to Bridges also introduces the Implementation Compass™—a framework for identifying the right actions to implement strategy.
In 2010, John Wiley & Sons published my follow-up book Beyond Strategy–The Leader’s Role in Successful Implementation, also a bestseller. It was born out of feedback from leaders who said they learned from Bricks to Bridges what the organization had to do but not what they specifically had to do to lead the implementation.
In 2014, the eBook The Pocket Book of Excellence in Execution–136 Key Messages for Your Success was published. It assists leaders in understanding the execution challenge by providing tips, skills and best practices to adopt.
Now, Excellence in Execution provides you with the components you need to execute strategy well. It features 182 questions designed to create your organization’s execution plan and 72 Powerful Execution Tips that are available as a separate eBook, Building Your Execution Plan – 182 Strategy Implementation Questions and . . .
- 11 Checklists of questions to ask
- 18 Toolkits you can readily adopt
-Key chapters start with a QR Code access to a video that introduces the chapter’s content and asks a provocative question.
Please visit www.excellenceinexecutionbook.com/video to view all the videos.
The Implementation Hub (Hub)
This is the world’s first portal to provide a singular link for finding a wealth of implementation knowledge. For access to download the toolkits, check lists and other material, visit www.implementation-hub.com/tools_tips_techniques/excellence-in-execution.
I created the Hub in 2013 as a central depository. It now features more than 500 tools, videos, templates, techniques, tips, best practices, media presentations, case studies, audits and other useful resources. This easy-to-access resource allows you to find what you need about implementation in one place. You’ll save hours searching through endless websites, documents and blogs for material that supports your success. Specifically, you’ll access supplementary information about strategy implementation including all the checklists and toolkits from Excellence in Execution.
Part One: Transforming the Approach
Part One of Excellence in Execution introduces opportunities for leaders to transform their approach to strategy execution. It explains the shift in thinking required to achieve Excellence in Execution. It also introduces new tools and language such as the Strategy Cadence, Execution Juxtaposition, Decoding the Execution Challenge, Mavericks Network, Review Rhythm and the Three Themes Broad of Execution, explained in depth in Part Two.
Part Two: Making It Your Own
The Three Broad Themes of Execution serve as the backbone for Part Two along with an in-depth case study on DBS Bank, one of the leading banks in Asia, and 182 designed questions for leaders to ask as they develop their execution plan.
The Three Broad Themes of Execution guide you through what needs to happen in your implementation journey to ultimately achieve Excellence in Execution. The themes are:
• Create Awareness
• Build Excellence
• Follow Through
DBS Bank has recognized the need for both a winning strategy and a successful execution. CEO Piyush Gupta and his leadership team kindly allowed me to interview team members, research the bank’s approach and detail its successful five-year implementation journey for this book. A shorter version of the case study is available to purchase from Singapore Management University with teaching notes at http://casewriting.smu.edu.sg/case/dbs-bank-transformation-through-strategy-implementation.
At the end key each chapters in Part Two, you’ll find thought-provoking questions to ask as you build your organization’s execution plan. The HOW (How Organizations Win) echoes the book’s subtitle through these questions.
Throughout both Part One and Part Two, you’ll find Powerful Execution Tips, which are snippets of best practices. You can download a summary of these tips from the Implementation Hub at www.implementation-hub.com.
Excellence in Execution aims to transform your thinking about strategy execution and how you approach it. You won’t always agree with everything you read, but that’s my goal. I aim to provoke you into thinking differently and taking different actions—ones that can reverse the staggering failure rate of execution and assist in your organization’s overall success.
I wish you all the best on your implementation journey. Please share with me your thoughts and experience as you apply what this book provides.
Don’t Wait, Lead Now is a must-read for emerging leaders and anyone in leadership that wants to up their game— full of practical, real-world examples that highlight the traits and behaviors that create high-performing teams.
