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Business Execution - Essay Example

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Summary to essay on topic "Business Execution"
According to Bossidy, Charan, Burck execution is "systematic process of rigorously discussing hows and whats, questioning, tenaciously following through, and ensuring accountability [which] includes making assumptions about the business environment, assessing the organization's capabilities, linking strategy to operations and the people who are going to implement disciplines, and linking rewards to outcome."
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Business Execution
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Download file "Business Execution" to see previous pages... Thus, execution is a key to organizational success. Without a careful, planned approach to execution, strategic goals cannot be attained.
I believe that business execution is one of the cornerstones of a business organization's success. Business plans and strategies are useless unless they are executed.
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The realization of the company's goals is almost fully dependent on the execution of its plans. However, it should also be noted that execution in business is often tedious and complicated. For one, the plans being executed should always be modified in order to cope with the changes and developments in the environment. Execution is also a matter of coordinating everyone in the company to carry out their specific functions as planned. I would also like to stress that execution is only as good as the plan and strategy created. Even if the firm has been very good in putting its plan into action if the plan is not efficient, it will still be far from realizing its goals and objectives. ...Download file "Business Execution" to see next pagesRead More
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