3 Core Areas to Level up Your Execution

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George Wright III
April 11, 2024
 MIN
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3 Core Areas to Level up Your Execution
April 11, 2024
 MIN

3 Core Areas to Level up Your Execution

In "Execution: The Discipline of Getting Things Done", Larry Bossidy and Ram Charan provide a framework for business leaders to achieve results. They argue that execution is not just about having a good strategy, but also about having the right people in place and creating an environment where they can be successful. The authors offer a three-part framework for execution, which includes setting clear goals, aligning people and resources behind those goals, and holding people accountable for results. They also provide tools and techniques for each of these components.

Mastering Execution: 3 Core Areas to Transform Your Business

Welcome back to The Daily Mastermind, where I share your daily dose of inspiration, motivation, and education. Today, we dive deep into the art of execution in business—something I’ve been thinking about a lot recently. Whether you're running a small startup or scaling a business, the principles of execution are key to building the life and business you want. This episode aims to provide the clarity and focus necessary to drive real results.

The Importance of Mindset in Business

Before we dive into the mechanics of execution, I want to remind you of something important: the foundation of success starts with your mindset. As the Buddha wisely said, “We are what we think. All that we are arises from our thoughts.” Your thoughts shape your actions, and your actions create your business. Whether you are aware of it or not, your mindset influences your ability to execute effectively. So, when you're setting out to achieve your goals, remember that it begins with clarity of thought.

Business Execution: The Missing Ingredient

Execution is where many businesses falter. Having a great idea or strategy is not enough—it's about getting things done. I highly recommend the book Execution: The Discipline of Getting Things Done by Larry Bossidy and Ram Charan. This book is a game-changer for entrepreneurs and business leaders who want to build a strong foundation for their business.

The authors lay out a clear framework for execution, which I’ve found incredibly useful in my own business journey. In this episode, we’ll discuss key takeaways from the book, focusing on two core areas: execution framework and leadership essentials.

The Execution Framework: Setting the Right Goals

If you want to successfully execute in your organization, you need a solid framework. The book introduces a three-part framework for execution:

The first and most critical step is setting clear goals. Without clear goals, your team will be directionless, and your business will struggle to gain momentum. One effective tool I use to set goals is the SMART framework—an acronym that stands for Specific, Measurable, Achievable, Relevant, and Time-bound. Setting SMART goals ensures that your goals are not vague or overwhelming, but instead achievable and motivating.

The second part of the framework focuses on aligning the right people and resources. It’s crucial to understand the strengths and weaknesses of each team member, especially those in leadership roles. Having the right people in the right positions within your business will enable you to execute efficiently.  

Finally, the most important element in execution is accountability. Accountability ensures that tasks are completed on time and to the right standards. Be clear with expectations, offer regular feedback, and provide the necessary follow-up to keep everyone on track.

Leadership and Its Role in Execution

While execution is a team effort, leadership plays a pivotal role in ensuring that goals are met. Leadership is more than just giving instructions—it’s about inspiring, guiding, and nurturing your team to perform at their highest potential. The book Execution outlines seven essential behaviors of leaders that are critical for execution.

Here are a few highlights:

Conclusion: Making Execution a Habit

In conclusion, effective execution requires a combination of strategic planning, alignment, and accountability. It starts with having a solid foundation built on SMART goals, ensuring the right people are in the right roles, and maintaining accountability throughout the process. But equally important is leadership. By leading with clarity, realism, and a commitment to follow-through, you’ll set your team up for success.  

I challenge you to assess your current approach to execution. Are you setting clear goals? Are the right people in the right roles? Are you holding people accountable for results? And, as a leader, are you exhibiting the essential behaviors that drive success?  

If you’re looking for additional support, I encourage you to reach out to me via Instagram, Facebook, or my website at Jointheevolution.com. I’d love to hear about your challenges and successes. Let’s continue to grow together.  

Have an amazing day, and I look forward to connecting with you soon.