The Project Management Discipline of Strategy Execution
Strategy execution is where value is created. The best plans are worthless unless they are backed by a group of people that understand their roles and accountabilities and that have the information they need when they need for rapid decision-making. Execution never takes place in a straight line and without setbacks. In fact, the setbacks are powerful learning experiences that a good team will leverage as it adapts and responds to internal and external factors. A large part of the solution in my opinion is treating execution like a high-order program comprised of a series of projects to be managed. Ask a good Project Manager how to successfully pull of an execution program and I suspect they won't need to interview 1,000 companies.