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Wednesday, December 23, 2009

How Much Does Execution Really Matter?

A number of independent studies performed over the past few years indicate that execution is the clear differentiator of company value, financial performance and employee engagement.

In this post , Max Goldman references Becker and Huselid’s “High performance Work Systems and Firm Performance" and Joyce, Nohria, Roberson' similar ratio in their 2003 book “What Really Works.”

How much does execution matter?

According to these researchers, 85% of your sustainable success depends on execution, and 15% depends on your strategy.

BOTTOMLINE: Execution of the strategy is 6 times more important than the strategy itself!

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