Friday, March 29, 2013

Execution and Results

You have started an initiative. You have laid down initial plans for executing it. You now go ahead and execute the plan.
Will you necessarily have success now?
You may or may not! Execution of plans does not necessarily ensure success.
So what kind of execution or what other elements are necessary to ensure success?
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Let us first look at our perception of execution.
Will you call execution a series of steps or an iterative process? Usual image might be it is a series of steps. If you require follow ups and iteration- well that might seem as process inefficiency!
Surprisingly, I have hardly come across initiatives that have not required follow up, iterations, or some kind of course correction.
Execution of plans is important. But plan needs to factor in 3 things mentioned above.
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Secondly you need to have contracted beforehand with relevant stakeholders on definition of success and timing and process of success measurement.
This is important because success maybe interpreted differently by different stakeholders.
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So execution of plans seems to be a pre-requisite but not a guarantor of success! – a necessary but not a sufficient condition for success J
 
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Sourav

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