There are several ways to incentivize execution in an organization. One way is to ensure that leaders are actively involved in the critical details of execution. They should ensure that people understand organizational priorities, assign tasks, follow up, and promote and reward people who execute. Another way is to constantly look for deviations from desired tolerance levels in execution across areas like profit margins to promotions. Leaders should swiftly close the gap and raise the bar for the entire organization. This creates a culture of continual improvement, similar to the Six Sigma process.
How do you translate strategy into results? Execution is both an organizational culture and a specif...
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