{"id":2613,"date":"2019-08-25T10:29:19","date_gmt":"2019-08-25T08:29:19","guid":{"rendered":"https:\/\/www.dazzlepop.net\/site\/?p=2613"},"modified":"2019-09-07T11:59:07","modified_gmt":"2019-09-07T09:59:07","slug":"why-execution-is-more-important-than-strategy","status":"publish","type":"post","link":"https:\/\/www.dazzlepop.net\/site\/why-execution-is-more-important-than-strategy\/","title":{"rendered":"Why execution is more important than strategy"},"content":{"rendered":"<div style=\"text-align:center\"><\/div>\n<p> Good ideas are only half the battle. Strategy means nothing if you don&#8217;t execute.<\/p>\n\n\n\n<p>Pick one: sound business strategy or perfect execution? For some leaders, this may be an easy choice, but for others, it\u2019s not so black-and-white. It&#8217;s a difficult debate to resolve&nbsp;because, like most choices, a final&nbsp;decision can be analyzed through a multitude of perspectives and has the potential to bring about just as many outcomes.&nbsp;<\/p>\n\n\n\n<p>You could argue for both since great strategy is wasted on failed execution just as much as excellent execution can\u2019t revive a strategy that\u2019s dead in the water. However, the truth is that focusing on dividing your time equally between&nbsp;strategy and execution is not only ineffective but a time-suck. So, which is it going to be?<\/p>\n\n\n\n<p>In my experience, most leaders choose strategy because of the feeling that execution is intrinsically more challenging. I, on the other hand, choose execution every time. As&nbsp;<a href=\"https:\/\/www.azquotes.com\/quote\/1059401\" rel=\"noreferrer noopener\" target=\"_blank\">Steve Jobs once said<\/a>, \u201cTo me, ideas are worth nothing unless executed &#8230; Execution is worth millions.\u201d&nbsp;Even if you brainstorm a brilliant strategy, it will be wasted if it&#8217;s never fully realized. So while other leaders are focused disproportionately on idea-generation, consider these three suggestions for gaining competitive advantage.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>1. Demystify the &#8220;perfect strategy.&#8221;<\/strong><\/h2>\n\n\n\n<p>Just like \u201chappily ever after\u201d is a romanticized concept, so is the perfect business strategy. A sound strategy should be transformed and enhanced during the implementation process, so if it\u2019s perfect, it\u2019s only because it was shaped by execution. In fact, some CEOs&nbsp;prefer not to discuss their bold initiatives until they\u2019re well into, or finished with, implementation. Since strategy is guided by execution, they realize that their planning will take on many shapes before it reaches its final,&nbsp;successful form. Start with execution and subsequently define your strategy. You don\u2019t want to be the leader who&nbsp;overpromises&nbsp;only to under-deliver.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>2. Realize that leaders are more than &#8220;idea people.&#8221;<\/strong><\/h2>\n\n\n\n<p>Somewhere along the line, being a leader and an &#8220;idea person&#8221; became synonymous terms. You\u2019ve read the stories of Silicon Valley startups that were built on million-dollar ideas. Leaders like to build their success stories on the foundation of their ideas, but idea leaders don\u2019t make headlines &#8212; visionary ones do. Leaders who boast about being idea people&nbsp;are rarely the ones who actually pave the way forward. It&#8217;s visionary leaders who are at the forefront of their industries.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>3. Discover that leaner strategies are often more effective ones.<\/strong><\/h2>\n\n\n\n<p>If you believe that strategy is more important than execution, you\u2019re going to want to nail down one that&#8217;s close to&nbsp;perfect&nbsp; (which, again, is impractical) before you even start moving forward with implementation. That type of planning could demand weeks, if not months, of your time (or at least it should, right?), at which point you risk overplanning and hindering&nbsp;execution. Unsuccessful implementation is often the result of planning for planning\u2019s sake rather than planning with execution in mind. If you believe you already have a perfect strategy, you&#8217;ll never&nbsp;see the need to go back and revise it once you start working toward&nbsp;your larger goals. So instead of risking wasted time&nbsp;<em>and<\/em>&nbsp;failed execution, consider leaner planning, which will allow you to establish a solid strategy&nbsp;in a shorter amount of time with minimal brainstorming. Prioritizing execution requires you to think of your business strategy a living, evolving entity, meaning&nbsp;you\u2019ll routinely revisit, reanalyze and make updates&nbsp;based on how things are going in real-time. In other words, you&#8217;ll be able to course-correct&nbsp;more frequently, and with better results.<\/p>\n\n\n\n<p>When it comes down to it, think of your company\u2019s growth as parallel to nature. If ideas are the seeds, think of execution as the water. Without water, a seed will never grow. So no matter how brilliant your idea may seem at the time, an idea alone is never enough to guarantee the growth of your business &#8212; but execution can.&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Source:  <a href=\"https:\/\/www.entrepreneur.com\/article\/336552\">https:\/\/www.entrepreneur.com\/article\/336552<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good ideas are only half the battle. Strategy means nothing if you don&#8217;t execute. Pick one: sound business strategy or perfect execution? For some leaders, this may be an easy choice, but for others, it\u2019s not so black-and-white. It&#8217;s a difficult debate to resolve&nbsp;because, like most choices, a final&nbsp;decision can be analyzed through a multitude [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":-1,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_vp_format_video_url":"","_vp_image_focal_point":[],"footnotes":""},"categories":[45],"tags":[31,47],"class_list":["post-2613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","tag-strategy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dazzlepop | Why execution is more important than strategy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dazzlepop.net\/site\/why-execution-is-more-important-than-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dazzlepop | Why execution is more important than strategy\" \/>\n<meta property=\"og:description\" content=\"Good ideas are only half the battle. Strategy means nothing if you don&#8217;t execute. Pick one: sound business strategy or perfect execution? For some leaders, this may be an easy choice, but for others, it\u2019s not so black-and-white. It&#8217;s a difficult debate to resolve&nbsp;because, like most choices, a final&nbsp;decision can be analyzed through a multitude [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.dazzlepop.net\/site\/why-execution-is-more-important-than-strategy\/\" \/>\n<meta property=\"og:site_name\" content=\"Dazzlepop\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/dp.Dazzlepop\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-25T08:29:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-09-07T09:59:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/20190723185630-GettyImages-673635355.jpeg?width=700&crop=2:1\" \/>\n<meta name=\"author\" content=\"Noura Ibrahim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" 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