Execution
The Discipline of Getting Things Done
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Narrated by:
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John Bedford Lloyd
Larry Bossidy is one of the world's most acclaimed CEOs, with a track record for delivering results. Ram Charan is a legendary adviser to senior executives and boards of directors, a man with unparalleled insight into why some companies are successful and others are not. Together they've pooled their knowledge and experience into one guide on how to close the gap between results promised and results delivered.
The discipline of execution means understanding how to link together people, strategy, and operations, the three core processes of every business. Leading these processes is the real job of running a business, not formulating a "vision" and leaving the work of carrying it out to others. Bossidy and Charan show the importance of being deeply and passionately engaged in an organization and why robust dialogues about people, strategy, and operations result in a business based on intellectual honesty and realism.
The leader's most important job - selecting and appraising people - is one that should never be delegated. As a CEO, Larry Bossidy personally makes the calls to check references for key hires. Why? With the right people in the right jobs, there's a leadership gene pool that conceives and selects strategies that can be executed. People then work together to create a strategy building block by building block, a strategy in sync with the realities of the marketplace, the economy, and the competition. Once the right people and strategy are in place, they are then linked to an operating process that results in the implementation of specific programs and actions and that assigns accountability. This kind of effective operating process goes way beyond the typical budget exercise that looks into a rearview mirror to set its goals. It puts reality behind the numbers and is where the rubber meets the road.
©2002 Crown Business(P)2002 Random House, Inc.
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Critic reviews
"A terrific book that will make smart managers rethink how business gets done within every level of their organization or department." (Publishers Weekly)
"A great practitioner and an insightful theorist join forces to write a compelling business story of 'how to get it done.'" (Jack Welch)
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You feel exposed, naked in front of his truth-based techniques. He is like a conqueror: able to draw a daring strategy, capable to motivate people to follow him and precise in executing a winning plan. If you want to learn from someone who does what he preaches, then listen his book!
Effective people management
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Excellent, practical resource for any leader.
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Required Reading
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content great but one reader had accent
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It is worth a second read, it emphasize how your should reward good performance and punish/eliminate bad performance.
It discuss the subject of the execution GAP, between what you want to achieve and what you can to achieve given your company and team capabilities.
It gives guidelines of how to make your team EXECUTE organizational behavior by reward and punishment. USEFUL.
It discusses strategy in a Wall Street thinking like Anton... of cause and effect in the value chain, so it is useful.
It discusses operations but not much, or maybe I need to read it again, but could not get much from it about operations.
He said that you should not need to make your plan fit your budget; since then, you will make a plan that is not workable within your budget and fail.
The main subject of this book, is about the management of people in the organization by rewarding good performance and punishing bad performance of employees. So the organizational culture knows that only execution promotes you and get rewarded.
It also gives a rule of thumb how to manage people so they get things done, by telling them what you want to get done, and scheduling a follow-through meeting to discuss how it got done, and if not, then why? and how to correct it fast?
Also, the people needs to understand that the mission is mandatory and failing it or not delivering results will have bad consequences for them, only this will make they outperform, and make them loyal to the mission.
Worth a second read and summarizing the key management and strategic points.
This strengthens the notion of "control" in projects, and a punishment and reward (consequences) of performance.
The best companies/employees are the ones who can execute well and fast.
Its not enough to tell an employee to shoot a target and forget about it. You must make it a point that his target will check if he hit the mark or not, and it has good and bad consequences. Only this will drive his behavior toward execution.
Dry book but USEFUL
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What Are These Guys Talking About?
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More corporate strategy than formula for execution
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Would you listen to Execution again? Why?
Yes!What other book might you compare Execution to and why?
I have some books as Yes! by Robert Cialdini, 7 habits by Stephen Covey what are in my favorite library!What about John Bedford Lloyd’s performance did you like?
Yes!Was there a moment in the book that particularly moved you?
Yes!This one of my favourites business book!
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Great Leadership Book
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Excecution is key
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