Excellent Execution: 4 Leadership Pillars
Excellent execution is a skill many leaders lack. “Execution is the great unaddressed issue in the business world today. Its absence is the single biggest obstacle to success. Furthermore, it creates most of the disappointments that are mistakenly attributed to other causes.” Larry Bossidy and Ram Charan declared this in their book, Execution: The Discipline of Getting Things Done. In addition, studies show that only one in three change initiatives work.
Poor Results the Norm not Excellent Execution
Certainly, to compete effectively today companies and managers need to continually look for ways to improve performance. The customers’ are demanding and competition relentless. However, a few statistics demonstrate how poorly leaders execute their grand plans. For example:
- John Kotter, the change master, says 70% of change initiatives fail.
- A scant 10% of CEOs believe their companies can execute on their plans. Yet, 82% of CEOs say change is important to their companies.
- Only 27% of new strategy considers the workloads of managers or employees.
- 95% of managers lack clarity in their company’s expectations and goals.
How to Achieve Excellent Strategy Execution
How do you dramatically alter these results? Unfortunately, most companies and leaders discount the importance of how they engage employees with change or new strategies. Instead, they focus on technology over people. I discuss this in numerous other posts. Also, see The Death of Customer Service.
In this leadership video, I share four keys for preparing and helping your employees to achieve excellent execution.
- Plan-Clarify the project’s expectations.
- Train-Develop your team’s competence.
- Coach-Manage the team’s commitment.
- Renew-Support the process and the team with consistent follow-through and communication.
Pulling It All Together
In conclusion, through this Excellent Execution Formula managers attain greater success in achieving their goals. How many times have you seen priority strategy not supported by the company so the initiative failed? How many times are programs of the month started and nothing of substance happens? As a result, by using these four pillars you will inspire your team to be spirited patriots not paid mercenaries.
Learn more about proven approaches for increasing excellent execution. Go here for this complimentary eBook: How to Motivate-No-Inspire Employees: 10 Keys to Employee Engagement.
In addition, check out this complimentary eBook: Changing Change Management.
- Finally, go here for our RealTime Learning & Training leadership and personal development website. Micro-learning and career advancement at your fingertips!