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How to close the gap between strategy and execution Two-thirds of executives say their organizations don't 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 it Packed with tools you can use for building these five practices into your organization and supported by in-depth profiles of companies that are known for making their strategy work, this is your guide for reconnecting strategy to execution.
Twoworld-renowned strategists detail the seven leadership imperatives fortransforming companies in the new digitalera.Digital transformation is critical. Butwinning in today's world requires more than digitization. It requiresunderstanding that the nature of competitive advantage has shiftedandthat being digital is not enough.In BeyondDigital, Paul Leinwand and Matt Mani from Strategy&, PwC's globalstrategy consulting business, take readers inside twelve companies and how theyhave navigated through this monumental shift: from Philips's reinvention from abroad conglomerate to a focused health technology player, to Cleveland Clinic'sengagement with its broader ecosystem to improve and expand its leading patientcare to more locations around the world, to Microsoft's overhaul of its globalcommercial business to drive customer outcomes. Other case studies includeAdobe, Citigroup, Eli Lilly, Hitachi, Honeywell, Inditex, Komatsu, STC Pay, andTitan.Building on a major new body of research, the authorsidentify the seven imperatives that leaders must follow as the digital agecontinues to evolve:Reimagine your company's place in theworldEmbrace and create value via ecosystemsBuild a systemof privileged insights with your customersMake your organizationoutcome-orientedInvert the focus of your leadershipteamReinvent the social contract with your peopleDisruptyour own leadership approachTogether, these sevenimperatives comprise a playbook for how leaders can define a bolder purpose andtransform their organizations.
Conventional wisdom on strategy is no longer a reliable guide. In Essential Advantage, Booz & Company's Cesare Mainardi and Paul Leinwand maintain that success in any market accrues to firms with coherence: a tight match between their strategic direction and the capabilities that make them unique.Achieving this clarity takes a sharpness of focus that only exceptional companies have mastered. This book helps you identify your firm's blend of strategic direction and distinctive capabilities that give it the "e;right to win"e; in its chosen markets. Based on extensive research and filled with company examplesincluding Amazon.com, Johnson & Johnson, Tata Sons, and Procter & GambleEssential Advantage helps you construct a coherent company in which the pieces reinforce each other instead of working at cross-purposes.The authors reveal:· Why you should focus on a system of a few aligned capabilities· How to identify the "e;way to play"e; in your market· How to design a strategy for well-modulated growth· How to align a portfolio of businesses behind your capability system· How your strategy clarifies growth, costs, and people decisionsFew companies achieve a capability-driven "e;right to win"e; in their market. This book helps you position your firm to be among them.
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