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In this summary you will learn
- Why many companies fail to execute their strategies
- How to instill a realistic, performance-based mindset throughout your company
- Which three fundamental elements enable companies to execute
- How to gain the seven leadership attributes you need to create a better performing organization
Why you should read Execution
Most companies, like most individuals, excel at making plans, but are not as talented when it comes to actually carrying them out. Thus, execution - the ability to get things done, particularly on a strategic level - has become the sine qua non of management science. Authors Larry Bossidy and Ram Charan observe that some people grow when promoted to executive leadership, while others merely swell. Those who lose touch with the operational realities of their businesses soon find themselves boldly leading a company going nowhere. The practical value of achieving objectives and getting things done must be instilled at every level of your company, and injected into the very DNA of your corporate culture. Anything less, and your company will under perform. Bossidy and Charan have sterling credentials when it comes to getting things done for America’s leading corporations. They say execution is nothing more than faithfully practicing the right techniques with a disciplined approach. getAbstract.com recommends reading this book to help you turn your plans and strategies into accomplishments and victories.
About the authors
Larry Bossidy is chairman and former CEO of Honeywell International. He is the former CEO, COO or vice chairman of three other major American corporations, including GE. Ram Charan is an adviser to CEOs and senior executives. He is the author of What the CEO Wants You to Know and Boards at Work. He taught at the Kellogg School of Northwestern University and the Harvard Business School. Charles Burck is a former Fortune magazine editor, writer and author.
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