Execution is a systematic process of rigorously discussion how and what, questioning, tenaciously following through, and ensuring accountability. It includes making assumptions about the business environment, assessing the organization’s capabilities, linking strategy to operations and the people who are going to implement the strategy, synchronizing those people and their various disciplines, and linking rewards to outcomes. It also includes mechanisms for changing assumptions as the environment changes and upgrading the company’s capabilities to meet the challenges of an ambitious strategy. Source: Larry Bossidy, Ram Charan and Charles Burck, Execution: The Discipline of Getting Things Done, Random House, Business Books, 2002
A blog on strategy Issues.