Business Execution – Part 1: Larry Bossidy Style!
by Eileen Ashmore, MBA
of E.M. ASHMORE & ASSOCIATES INC.
I hope to save you some precious time by summarizing the key points in Larry Bossidy’s book ‘Execution – The Discipline of Getting Things Done’. (It may save you a lot of money too!)
Over the years, I’ve seen the most excellent of plans ‘sit on the shelf’ for so many reasons with the top 7 being:
- The President loses focus due to marketing, operational, financial or people concerns.
- The purpose of the Business Plan was to raise capital and therefore it has served its purpose.
- Lack of understanding as to why a strategic plan is needed, and, how it is connected to the annual operating plan to get results.
- Key managers are not involved in building the plan and therefore not engaged or accountable for end results.
- The strategies, goals and execution plan are not communicated at launch throughout the company, and, progress is not communicated throughout the year.
- Aggressive goals are too difficult or too complex to execute.
- Lastly, too often the very first execution steps stall due to lack of knowledge as to where to start and how to execute.
That’s where I come in. My clients love the strategies and plans that we’ve built. Over the last 3 years, I have been working with clients by providing on-going support and coaching so that the excellent plans that we have built together bring specific end results.
[Next newsletter – Part 2 - Why an Execution Strategy is Needed]
by Eileen Ashmore, MBA
of E.M. ASHMORE & ASSOCIATES INC.
www.ashmore-assoc.com
(403)252-0799.
Eileen Ashmore, MBA, provides a FREE 1 hour consultation
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