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The execution premium : linking strategy to operations for competitive advantage / Robert S. Kaplan, David P. Norton.

By: Contributor(s): Material type: TextTextPublication details: [Boston, Massachusetts] : Harvard Business Press, (c)2008.Edition: First eBook edition.itionDescription: 1 online resource : illustrationsContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781422163634
Subject(s): Genre/Form: LOC classification:
  • HD30 .E943 2008
Online resources: Available additional physical forms:
Contents:
Develop the strategy -- Plan the strategy -- Strategic initiatives : launching the strategy into motion -- Aligning organizational units and employees -- Plan operations : align process improvement programs -- Plan operations : sales forecasts, resource capacity and dynamic budgets -- Operational and strategy review meetings -- Meetings to test and adapt the strategy -- The office of strategy management
Subject: 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.
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Includes bibliographical references.

Introduction -- Develop the strategy -- Plan the strategy -- Strategic initiatives : launching the strategy into motion -- Aligning organizational units and employees -- Plan operations : align process improvement programs -- Plan operations : sales forecasts, resource capacity and dynamic budgets -- Operational and strategy review meetings -- Meetings to test and adapt the strategy -- The office of strategy management

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.

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