Making Strategy Work: Leading Effective Execution and Change (2nd Edition) by Hrebiniak Lawrence G

Author:Hrebiniak, Lawrence G. [Hrebiniak, Lawrence G.]
Language: eng
Format: epub
Publisher: Pearson Education
Published: 2013-05-23T21:00:00+00:00

The main issue is to determine whether there are significant deviations from the desired performance measures. This includes positive as well as negative deviations. If a business is aiming for a 5 percent increase in market share in some part of the world, but achieves no increase or a small, insignificant change, this deviation is very likely significant and in need of attention. However, if the company achieves a 15 percent increase, this also is significant and deserving of additional management scrutiny.

Leaders who only focus on negative aberrations increase the probability of creating a culture of risk aversion or error avoidance, which can seriously impede execution and organizational performance. This aspect of culture is important and is discussed in greater detail in Chapter 8.

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