It is widely reported that eight out of 10 companies fail at
execution. Although strategy formation may be sound, implementation
suffers because employees are not aligned—top down, bottom-up,
and across the organization—which slows effective decision making.
We recently interviewed executives from companies thriving in
today’s fast-paced business arena to uncover their secrets to
success. Three common pillars underlying “clear vision” and “strong
execution” emerged: effective decision making, alignment of goals,
and clarity of roles. This paper explores these pillars and how the
RACI methodology for creating collaborative relationships among
multiple teams or team members can be used as a tool to support
better enterprise execution.
Since the 1950s, business leaders have embraced a variety of management techniques designed to improve employee performance. Peter Drucker introduced Management by Objectives (MBOs), a process during which management and employees ...Read more
Once you’ve outlined your vision and strategic priorities for the year, how do you orient your people to most effectively execute on them? The traditional approach of cascading objectives throughout an organization in a ...Read more