Continued from Synopsis of Full Stack Leadership – Upcoming book from PM Power – Post II- Leading Business
Leading Execution
Let us look at the values, principles and practices of Leading Execution.
The values of Leading Execution are:
| Leading Execution | Vision Alignment | It creates a roadmap for success; it gives you focus and clear direction; it lets you see the big picture; it allows for easy decision making |
| Transformational Leadership | It allows for the exercising of the full potential of associates; and creates an inspiring and dynamic environment; it allows for strong self-organization among associates; better team performance; improved associate engagement | |
| People Focus | It leads high levels of EQ; it allows for support of career growth and recognition and creates a positive and productive work environment | |
| Lean Thinking | It ensures that there are no wastes; it give importance to the economics of the system; measures outcomes; and allows for protection against cyber attacks and thus makes for easy leading of execution |
Here are the principles of Leading Execution
(The labels against the principles E01, E02, EP01, EP02 etc. are the identifiers given in the book)
| Value | Principle | How the principle drives the value |
| Vision alignment | E04: Big picture and full visibility | By ensuring success of ventures by getting the big picture right first, and start working out details as we make progress and we understand more |
| E05: Execution alignment | By ensuring that progress is made in the right direction towards the vision, rather than all over the place | |
| E11: Flexibility and adaptability during execution | By ensuring that when we are faced with many options, we take the path that needs the least resources and efforts, but having an outcome with maximum impact and later if we come across something better, we can backtrack and look at the new option | |
| E01: Balance between individual and organizational goals | By ensuring success of individual and organization by distinguishing and aligning goals |
| Value | Principle | How the principle drives the value |
| E13: Focus on growing people | By investing in the growth of people, including allowing work outside their planned work, they naturally become more productive and innovative. | |
| E08: Effective delegation and empowerment | By creating the environment and giving the tools, encouragement and confidence for others to do work at their best and achieve their best and control their life and work | |
| E07: Coaching for success | By helping people realize their potential and their own visions, and by providing guidance, feedback and encouragement, they ensure the development of their team members over and above to what is required for the job | |
| E03: Timely recognition | By validating a person’s work and contributions and making the person feel wanted, serves as a tool for reinforcing positive behaviors and promoting superior accomplishments |
Value | Principle | How the principle drives the value |
| E06: Support for self-organization | By creating an involved, motivated, and innovative work environment by empowering teams to take ownership of their work, make decisions, and solve problems independently | |
| E09: Support for cross-functional collaboration | By ensuring the pooling of expertise, skills and knowledge, capacity and capability and ensuring mutual trust, goal alignment, effective communication, and transparency, we can drive innovation and success | |
| E10: Connections and networks inside and outside the organization | By ensuring that associates know what is going on inside the organization and outside – among competitors, colleagues, sister organizations and the world of technology, we can create in them the interest to match with and beat the outside world in technology | |
| E02: Being a role model for your people | By exemplifying the qualities and behaviours they expect from others, create a high influence that can inspire and motivate others | |
| E13: Stakeholder power and influence | By ensuring the use stakeholder power and influence for brand building, advocating for the organization, helping with regulatory bodies, identifying and negotiating for opportunities, building relationships and partnerships, and indeed for acquiring and retaining customers. |
| Value | Principle | How the principle drives the value |
| Lean Thinking | E14: No waste | By ensuring a smooth flow of the process that delivers significantly better business outcomes than otherwise, by focusing on the entire cycle from market demand / requirement to delivery, support, and feedback to identify and reduce non-value adding activities |
| E15: Pull culture | By ensuring that customers get what they want it makes for a good customer experience ensure continuous delivery of business value to customers, keeping their satisfaction levels high, and minimizing or even eliminating waste | |
| E16: Economics of system / smooth flow | Focusing on the economics of the system frees up resources, drives down costs and makes for more efficiency of processes and less or no waste. This means that more resources can be invested in research to drive up innovation. | |
| E17: Basing measurements on processes and outcomes rather than on outputs | By analysing and optimizing processes, we can identify and eliminate waste and improve efficiency. Output-based metrics only capture a photo of what is going on and not on the value delivered |
Here are the practices of the principles
Practices of Principle E01: Balance between individual and organization goals (Value: Vision alignment)
| EP01: Articulate individual’s goals and map them to organizational goals |
Practices of Principle E02: Being a role model to your people (Value: Transformational Leadership)
| EP02: Encourage commitment to the organization and stakeholders | EP03: Have integrity of character |
Practices of Principle E03: Timely Recognition (Value: People focus)
| EP04: Make recognition a core value of the organization |
Practices of Principle LE04: Big picture visibility (Value: Vision alignment)
| EP05: Ensure a common understanding of the vision, goals, and strategy across the organization | EP06: Constantly review, and change strategy and details to align with changes in the environment |
| EP07: Discourage people from worrying about being perfect |
Practices of Principle E05: Execution alignment (Value: Vision alignment)
| EP08: Align organisational culture and mindset to vision and strategy | EP05: Ensure a common understanding of the vision, goals, and strategy across the organization |
| EP06: Constantly review, and change strategy and details to align with changes in the environment | EP09: Implement a formal process of execution |
Practices of Principle E06: Support for self-organization (Value: Transformational Leadership)
| EP10: Provide the environment and the anchors to self-organize | EP11: Create an environment of experimentation and learning and for learning from failures |
| EP12: Create an environment for leaders to emerge and help them grow |
Practices of Principle E07: Coaching for success (Value: People focus)
| EP13: Encourage coaching style leadership | EP14: Practice empathy and active listening |
Practices of Principle E08: Effective delegation and empowerment (Value: People focus)
| EP15: Set expectations and provide support | EP16: Define and ensure accountability |
| EP17: Create a culture of trust | EP18: Watch for accidental diminishers |
Practices of Principle E09: Support for cross-functional collaboration (Value: Transformational Leadership)
| EP05: Ensure a common understanding of the vision, goals, and strategy across the organization | BP16: Have formal and informal mechanisms to share learning inside and outside |
| BP17: Build diverse and inclusive teams with people with different perspectives | EP19: Team building activities across the organization |
Practices of Principle E10: Connections and networks inside and outside the organization (Value: Transformational Leadership)
| EP20: Support and encourage associates to network outside and inside | EP21: Support and encourage forums, bodies and virtual communities and industry bodies |
Practices of Principle E11: Flexibility and adaptability during execution (Value: Vision alignment)
| EP22: Define the goal and identify the many potential paths |
Practices of Principle E12: Focus on growing people (Value: People focus)
| EP23: Invest in associate career development programs | BP16: Have formal and informal mechanisms to share learning inside and outside |
| EP24: Ensure work-life balance of associates |
Practices of Principle E13: Stakeholder power and influence (Value: Transformational Leadership)
| EP25: Maintain stakeholder maps to understand each stakeholder’s power, influence, impact, and needs |
Practices of Principle E14: Waste elimination (Value: Lean thinking)
| EP26: Value stream mapping | EP27: Implement an effective Agile approach to development |
| EP28: Automate your systems | EP29: Have a formal process for weeding out inefficient associates |
Practices of Principle E15: Pull culture (Value: Lean thinking)
| EP30: Implement a customer-centric development model as against a feature-driven one |
Practices of Principle E16: Economics of system / smooth flow (Value: Lean thinking)
| EP31: Cost-benefit analysis | EP26: Value stream mapping |
Practices of Principle E17: Focus on outcomes (Value: Lean thinking)
| EP32: Align your metrics with the vision and mission of the organization, and for efficiency improvement | EP33: Constantly analyze data and identify trends towards ongoing learning and improvement |
Continued in Synopsis of Full Stack Leadership – Upcoming book from PM Power – Post IV- Leading Self
Note:
The following posts together give a complete summary of the new book from PM Power – Full Stack Leadership
- Background and introduction to the book – 1
- Background and introduction to the book – 2
- Background and introduction to the book – 3
- Synopsis of the book – Introduction
- Synopsis of the book – Leading Business
- Synopsis of the book – Leading Execution
- Synopsis of the book – Leading Self
- Synopsis of the book – AI
