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Strategy That Works: How Winning Companies Close the StrategytoExecution Gap,Used
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How to close the gap between strategy and executionTwothirds of executives say their organizations dont have the capabilities to support their strategy. In Strategy That Works, Paul Leinwand and Cesare Mainardi explain why. They identify conventional business practices that unintentionally create a gap between strategy and execution. And they show how some of the best companies in the world consistently leap ahead of their competitors. Based on new research, the authors reveal five practices for connecting strategy and execution used by highly successful enterprises such as IKEA, Natura, Danaher, Haier, and Lego. These companies: Commit to what they do best instead of chasing multiple opportunities Build their own unique winning capabilities instead of copying others Put their culture to work instead of struggling to change it Invest where it matters instead of going lean across the board Shape the future instead of reacting to itPacked with tools you can use for building these five practices into your organization and supported by indepth profiles of companies that are known for making their strategy work, this is your guide for reconnecting strategy to execution.
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- Q: What is the main focus of the book 'Strategy That Works'? A: The book focuses on bridging the gap between strategy and execution in organizations, highlighting why many companies struggle to align their strategic goals with operational capabilities.
- Q: Who are the authors of 'Strategy That Works'? A: The authors of 'Strategy That Works' are Paul Leinwand and Cesare Mainardi, both of whom have extensive experience in business strategy and management.
- Q: What are the five practices discussed in the book that help connect strategy and execution? A: The five practices are: 1. Commit to core competencies, 2. Build unique winning capabilities, 3. Leverage company culture, 4. Invest strategically, and 5. Shape the future proactively.
- Q: How does the book suggest companies should invest in their capabilities? A: The book advises companies to invest where it matters most, rather than adopting a blanket approach to cost-cutting, ensuring that resources are allocated to areas that drive strategic success.
- Q: Is 'Strategy That Works' suitable for all types of organizations? A: Yes, the insights and practices discussed in the book are applicable to a wide range of organizations, from large corporations to smaller businesses, seeking to improve strategic alignment.
- Q: What type of readers would benefit from this book? A: Executives, business leaders, and managers who are looking to enhance their understanding of strategy execution and improve organizational performance will find valuable insights in this book.
- Q: Does the book include case studies or real-world examples? A: Yes, 'Strategy That Works' includes in-depth profiles and case studies of successful companies like IKEA, Natura, and Lego, illustrating how they effectively bridge the strategy-execution gap.
- Q: What is the publication date of 'Strategy That Works'? A: The book was published on February 2, 2016.
- Q: What format is the book available in? A: The book is available in hardcover format, making it a durable choice for readers who prefer physical copies.
- Q: How many pages does 'Strategy That Works' have? A: The book contains 288 pages, providing a comprehensive exploration of its topics.