Sat.Apr 02, 2011 - Fri.Apr 08, 2011

Six Disciplines

article thumbnail

Drucker's Five Most Important Questions You Can Ask

Six Disciplines

In his book The Five Most Important Questions You Will Ever Ask About Your Organization, Peter Drucker, one of the leading management practitioners of our time, offers a tool for self-assessment and transformation. Answering these five questions will fundamentally change the way you work, helping you lead your organization to an exceptional level of performance.

Drucker 115
article thumbnail

The Ultimate Strategy Execution Formula

Six Disciplines

Ideas are worth nothing unless executed. They are just a multiplier. Execution is worth millions. Explanation: AWFUL IDEA = -1. WEAK IDEA = 1. SO-SO IDEA = 5. GOOD IDEA = 10. GREAT IDEA = 15. BRILLIANT IDEA = 20. NO EXECUTION = $1. WEAK EXECUTION = $1000. SO-SO- EXECUTION = $10,000. GOOD EXECUTION = $100,000. GREAT EXECUTION = $1,000,000. BRILLIANT EXECUTION = $10,000,000.

Execution 112
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Execution And The Importance Of The Middle Manager

Six Disciplines

According to Thomas Colligan, vice dean of Wharton's Executive Education: "Many companies are seeing significant turnover in middle management ranks, and with significant turnover, they don't have the ability to execute strategy. Top management can spend all their time creating strategy, but without someone there to implement it, where are you at the end of the day?".

article thumbnail

What High-Performing Companies Track

Six Disciplines

Want to be a high-performing company? Then track your talent. A study on HR metrics by i4cp shows that higher-performing companies are more apt to measure talent-related metrics than lower performers. Common talent-related metrics include movement within the organization, quality of hires, quality of promotions and the cost of training/development. Key findings: 93% of higher performers measure employee engagement, compared with 79% of lower performers.

Company 101
article thumbnail

Balanced Scorecard - The Next Big Thing?

Six Disciplines

Many corporate managers have been introduced to a corporate management system called the Balanced Scorecard. Developed at the Harvard Business School by David Norton and Robert Kaplan in the early 1990s, the Balanced Scorecard (BSC) represents the newest and most prolific performance measurement system since Total Quality Management (TQM) and Management by Objectives (MBO).

article thumbnail

Majority Of Companies Still Not Communicating Strategy Internally

Six Disciplines

Companies today are not effectively executing against strategy and the business leaders know it, with 80 percent recognizing that they are "not doing their best" to communicate strategy through the organization, let alone execute against it, according to new 2010 research commissioned by SuccessFactors, Inc. and Accenture. According to the study, business leaders who recognize potential organizational shortcomings and bridge this strategy and execution gap will emerge as the winners in the next

article thumbnail

April Edition of Strategy Execution Newsletter - Now Available

Six Disciplines

The April 2011 edition of the Six Disciplines Strategy Execution newsletter - with a focus on using software to help with strategy execution, is now available. Go here to subscribe to the Strategy Execution newsletter.