Three Keys to Effective Execution

fluffynotes:

Why can even the most brilliant strategies founder in the implementation phase? “When things haven’t gone as planned, it’s often because the process wasn’t well defined, we missed a step, or we didn’t follow a specific sequence,” says Gordon Woodfall, former president and general manager of Waltham, Mass.-based Thermo KeyTek (now Thermo Fisher Scientific). The execution phase forces you to translate your broad-brush conceptual understanding of your company’s strategy into an intimate familiarity with how it will all happen: who will take on which tasks in what sequence, how long those tasks will take, how much they’ll cost, and how they’ll affect subsequent activities.

Here are three recommendations to help you make this translation.

1. Communicate the key points

2. Develop tracking systems that facilitate problem solving

3. Set up formal reviews

More here http://blogs.harvardbusiness.org/hmu/2008/02/three-keys-to-effective-execut.php