Summary The Execution Premium
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Summary: The Execution Premium
Author: BusinessNews Publishing
language: en
Publisher: Business Book Summaries
Release Date: 2014-10-28
The must-read summary of Robert Kaplan and David Norton's book: "The Execution Premium: Linking Strategy to Operations for Competitive Advantage". This complete summary of the ideas from Robert Kaplan and David Norton's book "The Execution Premium" explains that the concept of an "execution premium" is the extraordinary value which gets created by an organisation when it clarifies its strategy and then demonstrates an ability to follow through and execute that strategy in the marketplace. The execution premium may be manifested in several different ways – as an increase in the company’s share price, in greater revenues, in broader brand recognition, as enhanced customer loyalty or in terms of greater employee commitment. In their book, the authors explain the six stages that are required to link strategy formulation systematically and consistently with operational execution. Added-value of this summary: • Save time • Understand key concepts • Expand your knowledge To learn more, read "The Execution Premium" and improve your company's ability to effectively execute strategies.
Summary: The Execution Premium
The must-read summary of Robert Kaplan and David Norton's book: "The Execution Premium: Linking Strategy to Operations for Competitive Advantage". This complete summary of the ideas from Robert Kaplan and David Norton's book "The Execution Premium" explains that the concept of an "execution premium" is the extraordinary value which gets created by an organisation when it clarifies its strategy and then demonstrates an ability to follow through and execute that strategy in the marketplace. The execution premium may be manifested in several different ways - as an increase in the company's share price, in greater revenues, in broader brand recognition, as enhanced customer loyalty or in terms of greater employee commitment. In their book, the authors explain the six stages that are required to link strategy formulation systematically and consistently with operational execution. Added-value of this summary: - Save time - Understand key concepts - Expand your knowledge To learn more, read "The Execution Premium" and improve your company's ability to effectively execute strategies.
The Execution Premium
Author: Robert S. Kaplan
language: en
Publisher: Harvard Business Press
Release Date: 2008-08-04
In a world of stiffening competition, business strategy is more crucial than ever. Yet most organizations struggle in this area--not with formulating strategy but with executing it, or putting their strategy into action. Owing to execution failures, companies realize just a fraction of the financial performance promised in their strategic plans. It doesn't have to be that way, maintain Robert Kaplan and David Norton in The Execution Premium. Building on their breakthrough works on strategy-focused organizations, the authors describe a multistage system that enables you to gain measurable benefits from your carefully formulated business strategy. This book shows you how to: Develop an effective strategy--with tools such as SWOT analysis, vision formulation, and strategic change agendas Plan execution of the strategy--through portfolios of strategic initiatives linked to strategy maps and Balanced Scorecards Put your strategy into action--by integrating operational tools such as process dashboards, rolling forecasts, and activity-based costing Test and update your strategy--using carefully designed management meetings to review operational and strategic data Drawing on extensive research and detailed case studies from a broad array of industries, The Execution Premium presents a systematic and proven framework for achieving the financial results promised by your strategy.