Closing the Strategy-Execution Gap
HBR IdeaCast
Harvard Business Review
4.3 • 1.9K Ratings
🗓️ 18 February 2016
⏱️ 16 minutes
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| 0:00.0 | The Closer Podcast brings you the inside story of deals changing the world, told by the people who know how it all went down. |
| 0:09.0 | Understand the human motivations behind groundbreaking business decisions with host Amy Keene. |
| 0:14.6 | Listen to The Closer, Cash from Harvard Business Review. I'm Sarah Green-Cormichael. Today I'm talking |
| 0:34.8 | with Paul Line Juan, co-author of the new book Strategy That Works. Paul, thank you so |
| 0:39.7 | much for talking with us today. Thank you. So the strategy execution gap is a classic |
| 0:45.1 | problem. It's one that you know we publish a lot about but somehow never seems to |
| 0:49.4 | be regularly able to be solved by people. |
| 0:53.6 | And I know you and your co-author, |
| 0:55.1 | Tezra Nardi, you've examined companies |
| 0:57.2 | that have managed to overcome it, |
| 0:59.2 | those few, those mighty few. |
| 1:01.3 | And the first thing that you have called out is that these |
| 1:03.7 | companies actually commit to what they do best instead of chasing multiple |
| 1:07.6 | opportunities and multiple priorities. That is really admirable discipline. I'm |
| 1:12.3 | wondering if you could tell us a little bit more |
| 1:14.1 | about how they managed to do that while still managing to adapt and be innovative. |
| 1:18.9 | It's a great question and I should start by saying that you know in |
| 1:23.5 | many of our surveys more than half of senior executives |
| 1:27.0 | report not having a winning strategy so we're starting an environment where people |
| 1:31.4 | don't feel confident about their ability to win in the market. |
| 1:35.2 | And when you ask about this gap between strategy and execution, I think there's really two big |
| 1:39.3 | things that are happening. |
... |
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