Albu On Strategy

Strategy Execution

 

Who is the Chief Execution Officer?

Tuesday, December 18th, 2012

One would think the answer to this question should be fairly simple. However, the sad reality is that most organizations really do not understand what the title and responsibilities of Chief Execution Officer involves. In our experience, the problem stems from the fact that most Chief Executive Officers and leadership teams don’t have the skills […]


Execution Intelligence (XQ)—Without it, You Can’t Succeed

Monday, September 10th, 2012

If you have been following our newsletters, you know we are fans of Harvey McKay, author of several books including one of his original books, Swim With the Sharks, and his most recent, The McKay MBA of Selling in the Real World. In a recent newsletter, McKay wrote about the importance of execution. Consultants would […]


Why Companies Struggle to Execute Strategy?

Thursday, August 30th, 2012

The focus of many of our past newsletters has been the importance of strategy execution (i.e., realizing an organization’s vision [February 2011]; the principles of good strategy execution [March 2012]). Yet, recent research suggests that senior management continues to struggle with the challenge of executing strategy (McKinsey, January 2011; Strategy institute for thought leadership, July […]


What is Strategy?

Wednesday, April 11th, 2012

I recently came across an article written by Steve Tobak published on CBSNews.com.  Steve is a former tech executive and now a strategy consultant to that industry.  His article really resonated with me because over the years I have spoken to hundreds of owners, CEOs and Presidents and in many cases, whenever I ask the […]


Why Are We Not Achieving our Strategic Goals?

Monday, March 26th, 2012

Does this sound familiar to you?  You’ve held your strategic planning meeting with your management team late last year, identified key strategic projects, assigned responsibilities and you were off and running.  Everyone was on board, or so it seemed.  What’s happening?  Why are we not making any progress against these projects that are critical to […]


Five Building Blocks to Successful Strategy Execution

Wednesday, December 8th, 2010

Five Building Blocks to Successful Strategy Execution The legendary Alabama football coach Paul “Bear” Bryant retired with 323 wins over 38 seasons. He was one of the most successful college football coaches, taking 29 teams to bowl games. He would often say that players on winning teams ask for five things: Tell me what you expect of […]


4 “Rules of Engagement” that Drive Strategic Success

Thursday, July 8th, 2010

I believe there is always something new we can learn by meeting and speaking with people of varied backgrounds and experiences. In a recent conversation with a friend, I was very impressed with the way in which he had made strategy management the centerpiece of decision- making for everyone in his company. Essentially, strategy is a […]


No Room for Complacency

Friday, August 11th, 2006

Are you staying ahead of your competitors, always striving to be better? Are you confident you have a strategy that will take you to a higher level, year after year? Or have you let complacency overwhelm your organization? Whether you have a thriving business and are experiencing double-digit growth, or are constantly struggling to make […]


Lights, Camera, ACTION

Sunday, December 11th, 2005

Managers often find the disciplines surrounding developing and setting vision and strategy to be stimulating and fun. However, the ultimate difference between success and mediocrity for any company is the ability to execute strategy with excellence. As Larry Bossidy and Ram Charan state in their book, Execution, “The ultimate difference between a company and its […]


Winning at Acquisition: The Proactive Approach

Wednesday, October 5th, 2005

By Dick Albu, Founder & President of Albu Consulting Inc.   A good acquisition made at the right time in a company’s life cycle can propel a business forward, significantly accelerating sales and earnings growth. Your approach, experience and commitment to the acquisition search process can decide the difference between success and failure. There are […]


Categories