Cover of Execution: The Discipline of Getting Things Done
Business strategy

Execution: The Discipline of Getting Things Done

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Larry Bossidy ran AlliedSignal and Honeywell after decades training at General Electric; Ram Charan advises large corporations.

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Bossidy ran Honeywell and AlliedSignal after training at General Electric; Charan advises large corporations. Their thesis is that most strategies fail not because they are badly designed but because nobody defines who does what, with which resources and by when. The book breaks execution into three processes that must connect — people, strategy and operations — and argues that leadership cannot delegate them. A dry, repetitive manual, but it corrects a real tendency: confusing formulating strategy with carrying it out.

Our review

Larry Bossidy ran AlliedSignal and Honeywell after decades training at General Electric; Ram Charan advises large corporations. Their thesis is uncomfortable for the strategy industry: most plans fail not because they are badly conceived but because nobody defines who does what, with which resources and by when, and because leadership delegates execution as if it were an administrative chore. The authors break execution into three processes that must connect — people, strategy and operations — and argue that the CEO has to participate personally in all three. The most useful part is their insistence on «robust dialogue»: meetings where numbers are challenged and commitments named aloud, as against the ritual meeting where everyone nods. The book has obvious flaws: it is repetitive, the examples come almost entirely from large American corporations, and the tone is didactic to the point of fatigue. But it corrects a real and widespread error — confusing formulating a strategy with having carried it out.

Who it's for

For readers leading teams who suspect their plans evaporate between the meeting and the next quarter; less suited if you want competitive strategy frameworks.

Key takeaways

  • Strategies fail more often for want of owners, resources and deadlines than from bad design.
  • People, strategy and operations are three processes to be connected, not separate departments.
  • «Robust dialogue» replaces the ritual meeting with explicit challenge of the numbers.
  • The examples come from large corporations and scale poorly down to small organisations.
Fact

Published in 2002; Larry Bossidy was CEO of AlliedSignal and of Honeywell after a long career at General Electric.

Topics ejecuciónLarry BossidyRam Charangestiónoperaciones