Smarter Execution

Book excerpt: Two strategic initiatives out of three fail. They are actually a huge challenge for more-of-the-same, better-and-better, companies. Indeed, their cross-organization scope violates all principles of silo efficiency. Strategic initiatives are precisely not more of the same. Smarter Execution identifies seven key steps that managers need to get to grips with if they are to reap the full benefits of their strategic initiatives: Focus first - less is more Pick the best possible team - don't compromise Set the course - learn to navigate to a destination that is not yet fully defined Set up to wi.