At the most basic level, the long-term value of a company is largely determined by the strategy it pursues and it's ability to execute the strategy.
In my 20+ years in consulting and line management, I have seen enormous value enabled by sound strategy -- and destroyed by faulty strategy. A sound strategy never guarantees value creation, but it can certainly maximize the potential of an organization. However, while strategy frequently gets the headlines, superior execution typically has more influence on long-term value.
The combination of superior strategy and superior execution creates a "breakaway business" -- a business that breaks away from its competitors in terms of growth, profitability, cash flow, and customer/employee satisfaction. As business leaders, this needs to be our target.
By creating this blog, I hope to share my perspectives on both the theory and real-world lessons of both business strategy and execution . Topics will typically be based on my personal observations, current business events, and leading books/journals. In addition, I will always try to make the posts suitable for "Monday morning value."
I look forward to your feedback!
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