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Book Description

How to close the gap between strategy and execution

Two-thirds of executives say their organizations don’t have the capabilities to support their strategy. In Strategy That Works, Paul Leinwand and Cesare Mainardi explain why. They identify conventional business practices that unintentionally create a gap between strategy and execution. And they show how some of the best companies in the world consistently leap ahead of their competitors. Based on new research, the authors reveal five practices for connecting strategy and execution used by highly successful enterprises such as IKEA, Natura, Danaher, Haier, and Lego. These companies:

• Commit to what they do best instead of chasing multiple opportunities
• Build their own unique winning capabilities instead of copying others
• Put their culture to work instead of struggling to change it
• Invest where it matters instead of going lean across the board
• Shape the future instead of reacting to it

Packed with tools you can use for building these five practices into your organization and supported by in-depth profiles of companies that are known for making their strategy work, this is your guide for reconnecting strategy to execution.

Table of Contents

  1. Cover Page
  2. Title Page
  3. Copyright Page
  4. Dedication
  5. Table of Contents
  6. 1 Overcoming the Strategy-to-Execution Gap
  7. 2 Commit to an Identity
  8. 3 Translate the Strategic into the Everyday
  9. 4 Put Your Culture to Work
  10. 5 Cut Costs to Grow Stronger
  11. 6 Shape Your Future
  12. 7 Bold and Unafraid
  13. Appendix A: A History of Strategy
  14. Appendix B: The Capable Company Research Project
  15. Appendix C: Puretone Ways to Play
  16. Appendix D: Examples of Table-Stakes Capabilities
  17. Appendix E: Selected Bibliography
  18. Notes
  19. Index
  20. Acknowledgments
  21. About the Authors
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