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Concentrated Knowledge™ for the Busy Executive • www.summary.com
Vol. 24, No. 12 (2 parts) Part 1, December 2002 • Order # 24-29
FILE: LEADERSHIP
®
The Discipline of Getting Things Done
EXECUTION
THE SUMMARY IN BRIEF
Organizations face many challenges in today’s shaky economy — competitive battles, increased costs, decreased margins, and a host of other internal and external forces. In order to shore up their companies’ responses to these factors, today’s leaders must be able to take the goals they set for their organizations and turn them into results. Unfortunately, too many companies struggle to bridge the gap between goals and results — they create solid, logical, even bold plans, but are unable to execute properly. Honeywell CEO Larry Bossidy and management advisor Ram Charan contend that the reason for this gap is that businesspeople do not think about execution as a discipline or a cornerstone of a business’ culture — and they must. From middle management all the way up to CEO, a company’s leaders must recognize execution as the most important collective set of activities in which they can engage. No more is there room for leaders who rely merely on their vision to get from goals to results; to survive, they must get more involved in the details of execution. There is much work to be done, and Execution shows you how to do it.
By Larry Bossidy and Ram Charan
CONTENTS
Why Execution Is Necessary
Page 2
Building Block 1: The Leader’s Seven Essential Behaviors
Page 3
Building Block 2: Create the Framework for Cultural Change
Pages 3, 4
What You’ll Learn In This Summary
✓ Why Execution Is Necessary. Leaders simply are not taught the discipline of execution; more time and scholarship are given to strategic thinking and management techniques. Neither mean much to a company, however, if its leader cannot take an idea and make it reality. ✓ Seven Essential Behaviors. From following through on commitments to rewarding those employees...