Power Of Execution MRR Ebook

Table of Contents

Introduction …. 6
Chapter 1 9
Vision Vs Execution … 9
What is the difference? …. 9
The effort threshold … 11
Defining vision …. 12
Defining execution … 14
Bringing the two together ….15
Chapter 2 .. 19
Execution without Intention … 19
Why Good Strategies Fail … 19
The problem of under communicating … 20
Lack of team involvement .. 22
Poor decision making …. 24
Hiring the wrong people 25
Insufficient data or overly complex plans … 26
Chapter 3 .. 30
Strategic Execution Part 1 .. 30
The Planning Phase .. 30
1. Strategy planning 31
2. Set clear goals 33
3. Communication .. 35
Chapter 4 .. 40
Strategic Execution Part 2 .. 40
The Action Phase 40
4. Tracking progress …. 40
Measuring progress in business … 43
5. Accountability 45
Chapter 5 .. 49
How to Set Powerful Goals the S.M.A.R.T Way 49
Setting S.M.A.R.T goals . 52
Specific . 53
Measurable 53
Attainable .. 54
Relevant- … 54
Time based 55
Chapter 6 .. 57
The Importance of Performance Coaching .. 57
What is the GROW coaching model? 59
Goals 61
Reality … 62
Options . 62
Will .. 63
Applying the GROW model to businesses … 64
Chapter 7 … 68
Why People Fail To Reach Their Goals … 68
Stop making excuses 69
Give your goal some meaning . 70
Stop trying your hand at everything .. 72
Lacking a plan and commitment .. 73
Not having a deadline …. 73
Giving up halfway 74
Chapter 8 .. 77
Overcoming the Fear of Failure … 77
What is failure? … 78
Page | 5
How not to be afraid of failure 79
Analyze all potential outcomes 79
Take action 81
Get away for a while . 82
Conclusion 84

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Chapter 2

Execution without Intention

Why Good Strategies Fail

Executing an idea can be very difficult which is why ultimately not every good idea becomes an instant hit. Sometimes, people decide not to do anything about their ideas and ideas get forgotten. Other times it can be external factors like lack of knowledge or mismanagement that kills off an idea before anything can happen.
But external factors aside, here we will look at aspects which are under your control and mismanagement on your part may be doing more harm than good.

The problem of under communicating

We already touched upon the importance of effective communication earlier, so let’s elaborate that thought a little here. The problem remains that most leaders tend to under communicate by a huge factor.

However, the issue is that those who follow by example don’t get it after a few times. There is so much communication going on all the time that your particular message can easily get lost in all that garble.

Many leaders tend to under-communicate their vision and strategy which means that their vision never makes it to the execution stage. If you want to communicate more effectively, you need to keep practicing your speech over and over again, as nothing beats relentless practice when learning new skills.

An important consideration here- do not be a stickler for simply saying it “verbally”. Turn to other means of communication by saying it in person, on the phone, in an email, via video conferencing and also in meetings.

Lack of team involvement

So even if you are saying it enough times, are you sure that everyone can hear your message? This brings us to another reason why good strategies often fail.
Any business, whether small, mid-sized or large needs everyone to be on board. The same goes for non-business scenarios as well. Despite having the best plan on paper, execution can go out the window if all departments of the business are not involved. This is because the execution process needs contribution from every department so it needs to be a coordinated effort.

Remember that you cannot execute strategy alone. Do not undermine the size of your team when it comes to executing the plan. If you have a team of 6, things are fairly easy. Expand that number to 60 and things start getting trickier. Often strategy leaders do a great job of gaining support from their immediate colleagues and direct reports but do not present equally impressive results of securing similar support from others.

Many large companies view strategy as an annual activity conducted by an elite group of people who sequester themselves in a conference room. In smaller organizations the same comes as an edict from above on which employees must act.

But because execution of the strategy demands action it requires specific people to carry it out. Lack of such involvement can easily become the cause of strategy failure. When employees are not given the chance to question high level strategy, it can spell trouble for the company. Instead of isolating certain demographics, get the communication going through a conversation thread that involves everyone in the organization.

Involving team players early on will make the communication component of the process so much easier. And as seen earlier, communication is key to making sure that a strategy takes off and delivers results.

Too many times plans do take off with a blast only to see communication dwindle gradually as everyone returns to business as usual.

Poor decision making

Company success and failure are dictated by decision making. The same also applies when you think about achieving personal and not business goals. Among these, poor decision making can kill a good strategy if people in the organization do not see it as a source of strategy failure.

Given a directive of too many goals can create a situation where everything becomes a priority. In this situation nothing really gets accomplished but projects do remain pending. Given this scenario, it is important for business owners to know how to select, prioritize, edit and delete decisions.

If you are working on a personal goal like boosting confidence, developing leadership qualities, saving money, eating healthy or something similar, you will also need to make the right decisions. Some things you will have to be a stickler for while others you will need to forego completely. Pick and choose your options wisely. So whether a decision is made solo or is team based, it is important to make sure that you have a process where warning signals can be detected should you need to revisit your decision.

Remember an earlier reference to work in progress? Well, this is where you need to have the flexibility to make adjustments and improvise according to the demands of the situation.

Hiring the wrong people

Another good reason why a perfectly workable strategy doesn’t work is because you hand it to the wrong person to execute. Often times, implementing a new strategy involves hiring or promoting an employee specifically tasked with executing that particular strategy.

But if you get the hiring wrong, then the strategy fails as well, or at least appears to do so. And because hiring is a difficult process, people just dump the strategy rather than go through the entire hiring process again.

Other Details

- 1 Ebook (PDF), 85 Pages
- 3 Graphics (PNG)
- Salespage (HTML)
- 5 Promotional Ad Materials (Emails)
- Checklist, Mind Map, Landing Page, Lead Magnet, VSL
- Year Released/Circulated: 2018
- File Size: 32,607 KB

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