You sometimes hear managers complain that their organization has no strategy. This isn’t true! Every organization has a strategy: its strategy is what it does. Think about it. Every organization competes in a particular place, in a particular way, and with a set of capabilities and management systems — all of which are the result of
Read MoreAfter expending considerable effort on formulating a strategy, most executives would like to see their company’s strategic plans fully executed. Deviations from the strategic plan are often assumed to be detrimental to corporate performance. However, compliance with the strategy doesn’t necessarily correlate directly to performance. The gap between strategy and the execution of that strategy
Read MoreAt the top of the ladder, the stakes are high and the demands intense. The chief executive’s role is a tough one to fill. Too many CEOs falter at the job; about a quarter of the Fortune 500 chiefs who leave firms each year are forced out. Clearly, boards do not always get their hires
Read MoreMotivation, defined as deliberate attempt to influence employee behavior with the goal to enhance their performance & organizational effectiveness, is the key driver of job performance for it determines the level of effort and persistence employees will exert. Top performers tend to stand out as much for their motivation as for their talent. A global survey,
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