110 Execute with Discipline
Carefully crafted strategic initiatives and plans are of little value until they are executed successfully. Effective execution requires the right people to do the right things consistently.
A good multiyear history of solid performance consists of multiple individual years of successful results. The same holds true for failure: most firms that fail do so gradually, rather than in one catastrophic moment. Discipline and dedication are required to ensure successful strategy implementation and sound performance.
A firm’s leaders must model the traits of discipline and dedication. Leaders establish standards for the employees and set the true tone for the culture, regardless of what is posted on the wall or written in ...
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