Sunday, August 1, 2010

Executing a Strategy!

| “Strategy: One of the most over misused buzzwords.”


Post written by Anshul Gupta. Follow me on twitter.

Hell lot of literature on the word strategy has been written till date; designing companies' mission statement, then making a strategy to achieve the goal. But when it comes to the execimageution part, no literature would help!

Execution is something which is real, done on the ground, rather in the board rooms by executives (its an oxymoron!) wearing suits.

Understanding the reality at the shop floor level is the key to it. There are seven key building blocks of strategy execution (see the picture).

So whenever the execution is the stage to be focused, we think in terms of all these points.




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