A Quote by Peter Drucker

Strategy is a commodity, execution is an art. — © Peter Drucker
Strategy is a commodity, execution is an art.
Most leaders would agree that they’d be better off having an average strategy with superb execution than a superb strategy with poor execution. Those who execute always have the upper hand.
My view is that, as management, the focus has to be on having a strategy and executing it. As you do the strategy and execution, it is important to communicate it consistently.
Doing the right thing is important, which is where strategy comes in. But doing that thing well—execution—is what sets companies apart. After all, every football play is designed to go for a huge gain. The reason it doesn’t is because of execution—people drop balls, miss blocks, go to the wrong place, and so forth. So, success depends on execution—on the ability to get things done.
Ideas are commodity. Execution of them is not.
What got repressed-sometimes viciously repressed-by the strategy-concept makers, consultants, and data gatherers was a consciousness of people and their importance in the creation and execution of any strategy.
A bad strategy will fail no matter how good your information is. And lame execution will stymie a good strategy. If you do enough things poorly, you'll go out of business.
Above all, success in business requires two things: a winning competitive strategy, and superb organizational execution. Distrust is the enemy of both. I submit that while high trust won't necessarily rescue a poor strategy, low trust will almost always derail a good one.
The novel is the first art form that is an honest-to-god commodity. That's what makes it different from both high art and folk art.
A photographer's art is more in his perceptions than his execution. In a painter, I think the perception is only the first step, and then you have a kind of hard road of execution.
The result of bad communication is a disconnection between strategy and execution.
What makes a good client, to me, is one that signed on for the strategy as well as the execution, not just the end product.
Execution is the ability to mesh strategy with reality, align people with goals, and achieve the promised results.
Consistent alignment of capabilities and internal processes with the customer value proposition is the core of any strategy execution.
Weak leadership can wreck the soundest strategy; forceful execution of even a poor plan can often bring victory.
Looting is a natural response to the unnatural and inhuman society of commodity abundance. It instantly undermines the commodity as such, and it also exposes what the commodity ultimately implies: the army, the police and the other specialized detachments of the state's monopoly of armed violence.
The art market was very different before the mid-1980s: then, art was all about passion, whereas now it's become a commodity.
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