Execution Management - An Overview

Execution Management - An Overview

This is the starting chapter of the entire encyclopedia on 'Execution- Making it Happen'. It sets the context of what Execution is and what it is not. It shares the paradox of why Execution is not a discipline, inspite of it being most critical to the success of an organization.

Topics in Execution Management - An Overview : -

What is Strategic Execution Management?

Execution Management is essentially translating your strategy into reality. It is not just accomplishing a task or a goal, but also to achieve the underlying business objectives. It has to enable a constant review and fine-tuning of your strategy. A good execution management will focus on WHAT as well as HOW of an achievement. Execution management is linked to culture and people management, but is not their parent.

Strategic Execution Issues

Strategic Execution Management is an ignored subject, and most of the organization either lose steam or focus, by the time they have to start implementing the lofty documents like Strategy Blue-print and Strategic Business Plan. Execution is generally not considered 'Strategic'.

Strategic Execution success drivers

A good strategic execution needs management alignment at a detailed level, tools to generate dashboards and scorecards, discipline, change management of your execution process and a clear communication of strategy to all levels within an organization.

Execution Management organization readiness

The sophistication of the execution management process and your approach for implementation will depend a lot on the level of readiness of an organization.