All CEOs have a strategy. Most CEO strategies are very good. After all, CEOs reach their position due to a sharp mind and strategic-thinking ability.
However, a common struggle of most Business Leaders is execution— a feeling that “We’re struggling because the team can’t execute my strategy.”
Over the last few years, “Excellence in execution” has consistently appeared as one of the top CEO challenges globally.
This spells disaster for the Leader who struggles to get teams to move in tandem – after all, the CEO can no longer roll up the sleeves & jump in to save the ship.
Further, managing in a slow-growth environment presents a unique set of challenges for business leaders across the globe as they seek to leverage Human Capital, Innovation, and Operational Excellence to create value. In many ways, meeting these challenges is about engaging and retaining talent and improving processes to stay neck and neck with competitors—or even an inch or two ahead.
So what can today’s CEO do to improve execution excellence in such a dynamic environment?
There are 5 key people aspects that CEO’s should focus on with urgency. These will ensure that at least the process is well set for results to have a better chance to be delivered –
