Secret of the C-Suite – the executioner
Have you ever
wondered, in any field or sport, what differentiates the ordinary and the
extra-ordinary, the leader and the follower, the linchpin and the layman, the
achiever and the superstar, the ship and the sink, the best and the rest.
Finding an answer to these terms will explore the ‘Secret of the C-Suite’. Its
well known that, the world of corporate is going through a profound change and
surviving and sustaining in a time of extra-ordinary economic uncertainty and
exceptional turbulence even after multibillion dollar bailout from government
to companies impacted by ‘The Great’ recession during 2008-2009 (i.e) the
challenges of changes are myriad. Companies face intense competition on market
share rivalry, increased cost, decreased margins, threat of new entrants as
substitutes and etc., Companies may lay down lucrative business models and
strategy to avoid being getting into a sea of red ink and finding the blue
ocean. However, Invincible and blue chip companies are the ones that mastered
the simple term ‘Execution’(of strategy/idea). Failure on execution, will be
eaten. As world renowned business strategist and CEO coach, Ram Charan puts it,
‘Execution’ is more of a discipline than a mere attempt of experimenting. It is
a strange fact that ‘Execution’ has got only one meaning in all the
dictionaries (i.e.) getting things done / carrying out the committed.
What matters now!
Going back and
probing the designations of the entry level employees, interestingly, in most
organizations the designation does not differ. Executive-HR, Executive- Admin,
Executive – QA, Business Development Executive and after few months this
becomes ‘Senior Executive’. The title for employees will always be ‘Executive’
for initial few years and not other jargons, is, only after learning and
mastering the rules of getting things done, he/she starts growing as a Lead,
Manger and etc., later becomes a ‘Mentor’ on Execution.
The Idea!
In a typical
organization, especially in large multinational companies, Execution is not
easier for a beginner. They are instructed to perform what is informed. Because
the top bird is accountable for success and failure of the tasks/activities
performed in the organization. Hence, Execution, is top-down approach than a
bottom-up. Incubation and execution of an idea needs support from management
and caress from the peer-group and beneficiaries. However, striking the right
chord to be resonant make things easier to get it done.
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