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HR and the
Execution
Imperative

TMA World Viewpoint
HR and the Execution Imperative

                            In theory, business is simple.

                            You have an idea, create a
                            strategy to exploit the idea, execute
                            the strategy and then get results.
I am convinced that
nothing we do is more       Many things of course can go wrong in
important than hiring and
                            this process:

developing people. At the   •The idea might not have a large
end of the day you bet on    enough market
                            •The strategy could be wrong
people, not strategies.
                            •The execution of the strategy could
                             be highly flawed.
Larry Bossidy,
Execution: The Discipline
of Getting Things Done
HR and the Execution Imperative

                            Most expert opinion on
                            underperformance these days points
                            not to bad ideas or faulty strategies
                            but to the dismal execution of
                            strategies.
I am convinced that
nothing we do is more           Idea
important than hiring and       Strategy
developing people. At the       Results
end of the day you bet on
people, not strategies.

Larry Bossidy,
Execution: The Discipline
of Getting Things Done
HR and the Execution Imperative

                             It often surprises me how many
                             people in business organizations have
                             no idea what their company’s strategy
                             is and this includes many middle
                             managers.
HR is critical to the
execution of strategy        It’s true that some companies don’t
because execution is what
                             seem to have a strategy.

the majority of people in    Other companies appear to want to
the organization should be   keep their
                             strategy
working on.
                             a secret
                             from their
But are they?                employees.
HR and the Execution Imperative

                             In many others, ignorance of the
                             strategy is often a result of extremely
                             bad communication.

                             But if many people don't know what
HR is critical to the        the strategy is, what are they working
execution of strategy        so furiously on and to what end?
because execution is what
                             No wonder bad execution is cited so
the majority of people in    often.
the organization should be
working on.

But are they?
HR and the Execution Imperative

HR needs to do at least three things to help remedy the
situation:
       Energetically seek to fulfill its crucial role as a strategic
       business partner.
  1
       HR’s strategy must be in total alignment with the overall strategic
       objectives of the business.

       To do this effectively, HR must be a participant throughout the
       strategy formulation process.

       Adding on a HR strategy after the fact is sub-optimal.

       It is like designing a car and then thinking about the people who will
       be driving the vehicle.

       The car might look very impressive (as do many strategies), but be
       totally un-drivable by the average motorist.
  3
HR and the Execution Imperative

HR needs to do at least three things to help remedy the
situation:
       During the strategy formulation process, HR must help other
       managers focus on not just the grand ideas, but also on the
  2    company's execution capability - now and in the medium and
       long-term.

       Do the execution capabilities currently exist in the business? If not,
       how will they be acquired?

       It is too easy for many executives to lose themselves in the
       intellectual stimulation of strategy design and neglect
       implementation.

       To a large degree, the execution capabilities of a company will be
       people-based aided by various technologies. HR - through employer
       branding - must attract not just the smartest people in the global
       talent pool, but those who are results- and not just activity-driven.

       So-called smart people don't always make the best executors.
HR and the Execution Imperative

HR needs to do at least three things to help remedy the
situation:
       Work to ensure that the key elements of the strategy are
  3    communicated down the organization.

       HR is in a great position to facilitate the cascading of the strategy
       through the ranks.
HR and the Execution Imperative

                              What are they?
                              Shifts in business strategy will
                              typically necessitate change in an
                              organization.

To strengthen execution       Successful change initiatives require
capabilities in a business,   dynamic, hands-on leaders at all
                              levels of a business who are able to
HR needs to   promote,        collaborate well in face-to-face and
                              virtual teams.
develop and
                              The context in which these leaders
reinforce key
                              drive to execute strategies is
competency clusters           increasingly diverse.
among managers.
HR and the Execution Imperative

                              What are they?
                              Never before in the history of the
                              human race have so many culturally-
                              diverse people come into contact with
                              one another.
To strengthen execution
capabilities in a business,   And cultural difference is, of course,
                              just one dimension of human
HR needs to   promote,        diversity.
develop    and

reinforce key
competency clusters
among managers.
HR and the Execution Imperative

From this perspective, there are four key competency
clusters:
Combined with technical know-how and organizational savvy, these
four competency clusters enable managers to do what most urgently
needs to be done: Execute business strategies to generate outstanding
results.

Change:
• Being highly responsive to strategy shifts by creating and
  implementing relevant change initiatives faster and more
  effectively.

Leadership:
• Taking responsibility - with or without a position of authority - for
  influencing, enabling and motivating others to contribute fully
  their energy, knowledge and skills to achieving a defined purpose.
HR and the Execution Imperative

From this perspective, there are four key competency
clusters:
Combined with technical know-how and organizational savvy, these
four competency clusters enable managers to do what most urgently
needs to be done: Execute business strategies to generate outstanding
results.

Teamwork:
• Leveraging the collective intelligence of people across the
  business.

Diversity:
• Utilizing the talents of every individual to create opportunities and
  value.
• In a world where sources of competitive advantage can often be
  replicated and improved upon very quickly, talent is the resource
  that can continue to make the difference.
To learn more about how TMA World can help
   your organization, please contact us at
          enquiries@tmaworld.com
                   or visit
http://www.tmaworld.com/training-solutions/

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TMA World Viewpoint 17 HR and the Execution Imperative

  • 2. HR and the Execution Imperative In theory, business is simple. You have an idea, create a strategy to exploit the idea, execute the strategy and then get results. I am convinced that nothing we do is more Many things of course can go wrong in important than hiring and this process: developing people. At the •The idea might not have a large end of the day you bet on enough market •The strategy could be wrong people, not strategies. •The execution of the strategy could be highly flawed. Larry Bossidy, Execution: The Discipline of Getting Things Done
  • 3. HR and the Execution Imperative Most expert opinion on underperformance these days points not to bad ideas or faulty strategies but to the dismal execution of strategies. I am convinced that nothing we do is more Idea important than hiring and Strategy developing people. At the Results end of the day you bet on people, not strategies. Larry Bossidy, Execution: The Discipline of Getting Things Done
  • 4. HR and the Execution Imperative It often surprises me how many people in business organizations have no idea what their company’s strategy is and this includes many middle managers. HR is critical to the execution of strategy It’s true that some companies don’t because execution is what seem to have a strategy. the majority of people in Other companies appear to want to the organization should be keep their strategy working on. a secret from their But are they? employees.
  • 5. HR and the Execution Imperative In many others, ignorance of the strategy is often a result of extremely bad communication. But if many people don't know what HR is critical to the the strategy is, what are they working execution of strategy so furiously on and to what end? because execution is what No wonder bad execution is cited so the majority of people in often. the organization should be working on. But are they?
  • 6. HR and the Execution Imperative HR needs to do at least three things to help remedy the situation: Energetically seek to fulfill its crucial role as a strategic business partner. 1 HR’s strategy must be in total alignment with the overall strategic objectives of the business. To do this effectively, HR must be a participant throughout the strategy formulation process. Adding on a HR strategy after the fact is sub-optimal. It is like designing a car and then thinking about the people who will be driving the vehicle. The car might look very impressive (as do many strategies), but be totally un-drivable by the average motorist. 3
  • 7. HR and the Execution Imperative HR needs to do at least three things to help remedy the situation: During the strategy formulation process, HR must help other managers focus on not just the grand ideas, but also on the 2 company's execution capability - now and in the medium and long-term. Do the execution capabilities currently exist in the business? If not, how will they be acquired? It is too easy for many executives to lose themselves in the intellectual stimulation of strategy design and neglect implementation. To a large degree, the execution capabilities of a company will be people-based aided by various technologies. HR - through employer branding - must attract not just the smartest people in the global talent pool, but those who are results- and not just activity-driven. So-called smart people don't always make the best executors.
  • 8. HR and the Execution Imperative HR needs to do at least three things to help remedy the situation: Work to ensure that the key elements of the strategy are 3 communicated down the organization. HR is in a great position to facilitate the cascading of the strategy through the ranks.
  • 9. HR and the Execution Imperative What are they? Shifts in business strategy will typically necessitate change in an organization. To strengthen execution Successful change initiatives require capabilities in a business, dynamic, hands-on leaders at all levels of a business who are able to HR needs to promote, collaborate well in face-to-face and virtual teams. develop and The context in which these leaders reinforce key drive to execute strategies is competency clusters increasingly diverse. among managers.
  • 10. HR and the Execution Imperative What are they? Never before in the history of the human race have so many culturally- diverse people come into contact with one another. To strengthen execution capabilities in a business, And cultural difference is, of course, just one dimension of human HR needs to promote, diversity. develop and reinforce key competency clusters among managers.
  • 11. HR and the Execution Imperative From this perspective, there are four key competency clusters: Combined with technical know-how and organizational savvy, these four competency clusters enable managers to do what most urgently needs to be done: Execute business strategies to generate outstanding results. Change: • Being highly responsive to strategy shifts by creating and implementing relevant change initiatives faster and more effectively. Leadership: • Taking responsibility - with or without a position of authority - for influencing, enabling and motivating others to contribute fully their energy, knowledge and skills to achieving a defined purpose.
  • 12. HR and the Execution Imperative From this perspective, there are four key competency clusters: Combined with technical know-how and organizational savvy, these four competency clusters enable managers to do what most urgently needs to be done: Execute business strategies to generate outstanding results. Teamwork: • Leveraging the collective intelligence of people across the business. Diversity: • Utilizing the talents of every individual to create opportunities and value. • In a world where sources of competitive advantage can often be replicated and improved upon very quickly, talent is the resource that can continue to make the difference.
  • 13. To learn more about how TMA World can help your organization, please contact us at enquiries@tmaworld.com or visit http://www.tmaworld.com/training-solutions/