Human ingenuity can be unleashed, and we can collectively achieve what we do at our best — realize our dreams.
Tomas Chamorro-Premuzic and Darko Lovric
Takeaways of Note:
3 key steps to building the right execution system:
1) Achieving Strategic Clarity (match aspirations & capabilities)
- Aspirations – avoid inaccurate optimism as well as irrational pessimism
- Capabilities – identify essential capabilities the strategy will require (build capabilities that others can’t easily emulate & know if these capabilities are even something you can build)
2) Achieving Organizational Clarity (operationalize the strategic plan)
- Ownership – which teams own which part of strategy?
- Connectivity – build the right interactions between these key teams
- Alignment – assign the right talent to the right roles
3) Building A Management System (combine management structure with empowered Team & self-corrective feedback)
- Empower your team – allow latitude to adapt goals and to adjust to situations (with sufficient accountability & flexibility)
- Build self-corrective feedback into system – understand what is working & what is not (in fastest, clearest way) and be able to quickly share best practices