|The Book Reviews Information Site||
Let us create a 3d Digital eBook for you! DigyCat.com
Execution - A Book Summary
You've got the bright ideas and the smart people, and the market is just ready for you. But why hasn't your business taken off as you predicted? Maybe the problem is in your execution. What does it really take to get a business going? You need the right people combined with realistic strategies to create effective operating procedures. Let Larry Bossidy and Ram Charan tell you how.
A business leader's most important job is the execution of plans, the "detail work," making sure that the staff is getting results. This is the sort of responsibility that cannot be delegated. It is the leader's primary duty to see that every member of the team is carrying out his part of the big plan to ensure the whole company's success. There are no excuses for failure: the market will always be tough. What spells the difference between successes and failures is the ability to execute plans.
Too often, too much intellectualizing and philosophy occurs at the planning level. The leaders are busy with their dreams and plans for success but there is little focus on implementation, thus the promised result is not delivered. The emphasis on execution as an integral part of thebusiness process has not received enough attention in terms of accumulated knowledge and literature.
The Building Blocks of Execution
The Leader's Seven Essential Behaviors
1. Know Your People and Your Business.
2. Insist on Realism.
3. Set Clear Goals and Priorities.
4. Follow Through.
5. Reward the Doers.
6. Expand People's Capabilities through Coaching.
7. Know Yourself.
Creating the Framework for Cultural Change
You can't just institute changes for the sake of shaking things up at your company. Your changes must be geared towards getting results. Be specific: what sort of behavior is acceptable in your company? What's unacceptable? Change must begin at the top-level, to set an example down the line. Don't just expect it to happen either. Reward successful implementation of your plans to instigate change.
The Job No Leader Should Delegate-Having the Right People in the Right Jobs
Hiring the right people is as important as planning ahead; you need people who are not only capable, but also full of potential for growth as your business expands. Take time to focus on your staff, because in effect your business is in their hands. Take time to develop your staff's leadership capabilities so that they can bring results to your plans and visions. Assess individual capabilities and determine if you can further develop your employee through training, coaching and exposure, or if he's better off elsewhere. If you can properly develop your people, you should be able to fill top administrative posts from within. Hire a talented person and she will hire a talented person.
The Processes of Execution
A. Linking People to Strategy and Operations
Break your strategy down into manageable near-, medium- and long-term goals. Determine kinds of skills you need for the upcoming goals and start laying the foundations early. Then design an action plan for each step of your big plan.
B. Developing the Leadership Pipeline Through Continuous Improvement, Succession Depth and Reducing Retention Risk
Meeting your goals depends on the quality of the people you have. Assess today those who can be leaders in the future through the following: The Leadership Assessment Summary, The Continuous Improvement Summary, Succession Depth, and Reducing Retention Risk Analysis.
C. Dealing with Non-performers
Non-performers are people who aren't meeting their established goals. This does not mean that they're unqualified or incapable. It just means they aren't performing at the level required for your company's success. Sometimes you just need to coach a person to get them better acquainted with a job. Sometimes they just need to be transferred to another division or responsibility that's better suited to their capabilities. Other times there's no choice but to let him go. However, do so in a manner that allows the person to keep his dignity.
D. Linking HR to Business Results
The role of the HR department in a company is different now. The HR function must set out to fill the positions that are and will be important as projects and plans progress over the upcoming months-even years. Use the HR division to keep track of your company's top people across the whole organization, to see who can be groomed, or even promoted already, for key positions. HR should not only be able to assess people in their current jobs but also the people below them-if one person is to be promoted, someone should be adequately qualified to fill the upcoming void.
Examine all your strategies and determine the sorts of skills you need for these plans. If you can't develop the right people in time, determine if you need to hire from outside. Identify which jobs are critical, and which ones will be critical down the line. Are they filled with the right people? Monitor also the top positions in the company and spell out criteria for filling them. If there is a sudden vacancy, is there someone you haven't considered who might be more than qualified? If you know your people and their capabilities, filling the vacancy should be a small problem, especially if you've done your job in developing them for leadership.
The Importance of Hows
Even brilliant strategies are bound to fail if not grounded in realities-regarding the competition, the capabilities of the company's own people, the market, the product offerings. When creating strategies, consider not only the current realities of all relevant factors, but also unexpected-if unlikely-turns of events. There must always be backup plans, or at least people who can quickly think up alternative plans to make the best of a botched situation. Adaptability to change should always be a consideration: constantly review your plan to see if it is being executed properly, if current and future steps are still feasible, and if the people in charge are still getting results.
Building the Operating Plan
1. Set the targets: Keep your targets realistic. Base them on track records and histories.
2. Develop action and contingency plans: Study the possible outcomes that might leave the company most vulnerable and base your contingency plan on that. In other words, plan for the worst.
3. Get agreement and closure from all participants: Communicate agreed-upon goals to the people concerned after the meeting, to reiterate your expectations and what they promised to deliver.
Outcomes of the Operations Process
Think carefully: what does your business want to achieve? Think of this vis-ŗ-vis what your company is likely to achieve. Watch how the operations affect your company, especially for the need to reallocate resources. Conduct quarterly reviews to see if you're still on track, who's keeping you there, and if you should even be there in the first place.
By: Regine P. Azurin and Yvette PantillaRegine Azurin is the President of BusinessSummaries.com, a company that provides business book summaries of the latest bestsellers for busy executives and entrepreneurs.
http://www.bizsum.com"A Lot Of Great Books... Too Little Time To Read" Free Book Summaries Of Latest Bestsellers for Busy Executives and Entrepreneurs
Book Reveiws - Google News
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news
Be the Leader - AchieveMaxģ Top Ten Book Review
The author of Be the Leader: Make the Difference, a "manual for leaders," speaks not from theory and research alone. Paul B.
Dont Eat This Book by Morgan Spurlock: Lightweight But Convincing Expose of the Fast Food Industry
For those of you who've been on another planet for the past year or so, Morgan Spurlock is a filmaker who spent an entire month eating nothing but McDonald's food and filming the decline in his health, expanding waistline and other alarming consequences of this damaging diet.The result was the gripping documentary, Super Size Me, which earned a well-deserved Oscar nomination.
Ideas Are Free - A Book Summary
Without great ideas, no organization can stay afloat, much less flourish. Managers and top executives are constantly struggling to come up with big ones - creative marketing strategies, ingenious cost-cutting schemes and other corporate solutions that will save time and money and improve productivity.
Book Summary: The E-Myth Revisited
Ever wonder why most small businesses-- no matter how huge effort they put in their endeavor--still fail? Micheal Gerber reveals the answers in this book. Accordingly, the future of small businesses revolve in only three philosophies: the e-myth (entrepreneurial myth), the turn-key revolution, and the business development process.
Second Eden Book Review
"Carlton Austin has crafted a wonderful piece of work in Second Eden - an action-packed suspense thriller with a little romance and some elements of science fiction. Its beautifully designed cover incorporates gorgeous images depicting scenes within the plot and the book is available in both hard and soft cover.
Niche Site Confessions Revealed - An Unbiased Ebook Review
If you're like me then chances are when it comes to purchasing ebooks online you want to make sure you get your moneys worth. As someone who is trying to establish a home-based Internet business within 4 years before I retire trust me when I tell you that Niche Site Confessions Revealed is easily the best ebook to come out in a long time.
Young, Fabulous and Broke? Suze Orman Has Debt Relief & Financial Freedom Advice Books for You!
Are you a parent that has all the financial responsibility in the world on your shoulders and living paycheck to paycheck? Does it seem like there is no way out of this endless cycle of working just to pay your bills? Well, I certainly felt this way. I have been in consumer credit counseling, which was very helpful, but I still felt like a financial idiot.
Kashmir: Behind the Vale
Kashmir has been a reason for at least three wars between India and Pakistan. Over the past 15 years, the name Kashmir has become synonymous with violence and terrorism.
Erasure and the Othering of Texts
Percival Everett's Erasure takes a look at how racism affects various aspects of our lives that we may be unaware of. An excellent example of this is when Ellison ventures into the bookstore to look for his novel only to realize that they are in the Africa-American literature section.
Book Summary: How To Work With Just About Anyone
"I just can't seem to get along with this person!"Every office has that one difficult person to work with, who affects productivity due to a terrible attitude, chronic tardiness, or simply drives everyone else up the wall. Here is the answer to common problems in conflict management.
Getting Hip by Sigrid Macdonald is a delicate story of one woman; Sigrid Macdonald and her beginning to end on a road to preparations and recovery from a total hip replacement. This book is a source of beneficial information for anyone who is searching for the facts about hip surgery.
Giving Feedback or Writing Reviews of Bad Stuff
Some book reviewers say that when they don't like a book, they simply don't review it. I'd love to take the easy way out, but when I think about it from a reader's perspective? I want to know when a book sucks.
Workshop-In-A-Bookģ for Dating Again, A Must-Read EBOOK
The Joy Of Dating Again is designed to be a do-it- yourself workshop. This book features 21 self-empowering keys.
Profitable Growth Is Everyones Business - A Book Summary
The days of ruthless downsizing and drastic cost cutting are long gone. Nowadays, companies have realized that the best way to earn profit is only through growth - profitable growth.
Not Just A Shocking Horror Tale: The Surgeon By Tess Gerritsen
The Surgeon grabbed me and kept me reading. The suspense builds with every page.
Moon Child - Review
Moon Child by Simone Maroney is a larger sized adventure, fantasy novel with 55 chapters. The story line involves complex relationships between six main characters, which are delicately balanced leaving room for intrigue.
FISH! Tales - AchieveMaxģ Top Ten Book Review
FISH! Tales: Real-Life Stories to Help You Transform Your Workplace and Your Life by Stephen C. Lundin, Harry Paul, John Christensen, Philip StrandIf you're reading this book review, you have at least heard about the book from which FISH! Tales evolved.
Undercurrent Blues Has A Rhythm of Its Own - Poetry Book Review
On July 17, 2005 Cahuenga Press released Undercurrent Blues by James Cushing (Cahuenga is a cooperative press and Undercurrent Blues is the 14th book they have published since their inception in 1989). The collection includes poems written from 1989 through 1991 and 1997 through 2002.
Sound Bodies through Sound Therapy - Book Review
"Dorinne Davis has written many books that concentrate on the subjects of hearing and sound. In the well-researched textbook, Sound Bodies through Sound Therapy, she looks at the concept of sound being a nutrient for our bodies.
Until Youve Walked the Path!
From the depths of despair to the heights of hope. That is the inspiring journey traveled by author Paul Shearstone in his new book Until You've Walked The Path.
PrimeNews Domain Is For Sale - $5,000 For Enquiries eMail Us
© www.PrimeNews.biz - 2012