What is Execution Management?
Break Old Rules, Get Results
Contrary to conventional wisdom, the key to good execution is not detailed planning and control, but coordinating execution priorities across the organization.
Conventional wisdom is based on an industrial angle view that people slacken off unless they are micromanaged. We disagree. Our experience is that poor execution is almost always synonymous with chaos and firefighting. In chaotic environments, people actually work much harder – the problem is that most of that work is wasted and does not translate into organizational throughput.
Execution Management is about bringing order to this chaos by changing the rules of managing. It is about managers having better control with less micromanagement. It is about doing projects faster and delivering them on time. It is about fighting fewer fires but realizing higher throughput.
According to Larry Bossidy, the renowned ex-CEO of AlliedSignal and Honeywell, “In winning organizations, everyone knows what to do and when”. This is what execution management delivers.