Now Extensively Updated--The Most Complete Roadmap and Process Model for Executing on Strategy

Without effective execution, no business strategy can succeed. By now, most executives and managers realize that. Unfortunately, most organizations are still far better at developing strategy than at executing it. In Making Strategy Work, Second Edition, leading consultant and Wharton professor Lawrence Hrebiniak offers today’s most comprehensive, disciplined process model for making strategy work in the real world.

Now fully updated, this Second Edition reflects new research at Wharton and beyond, and extensive additional input from managers confronting and solving execution-related problems. In an expanded applications section, Hrebiniak shows how to apply his model to a wide range of challenging, real-world situations. This edition offers new chapters with deeper analysis of strategy execution in global environments, and of linking project management with strategy. Responding to many requests, Hrebiniak has also added an entirely new chapter on service organizations.

This book sheds powerful new light on why businesses fail to deliver on even their most promising strategies. Hrebiniak’s complete execution roadmap encompasses organizational structure, coordination, information sharing, incentives, controls, change management, culture, the role of power and influence, and much more.

• Strengthening the linkages between planning and execution
Getting planners and “doers” involved in strategy execution
• Building the capabilities and culture you’ll need to execute
Aligning organizational skills, resources, and culture around your strategies
• Getting structure right
Balancing centralization and decentralization to optimize the benefits of each, while achieving effective coordination or integration
• Defining a logical flow of execution decisions and actions
Making sure the right tasks get done at the right time
• Widening the scope of successful execution
Overcoming unique obstacles to execution in M&A, global markets, and service organizations

Without effective execution, no business strategy can succeed. This second edition delivers a powerful framework every leader can use to overcome the obstacles to successfully deploying business strategy. In this book, leading consultant and Wharton professor Lawrence Hrebiniak offers a comprehensive, disciplined process model for making strategy work in the real world. Drawing on his unsurpassed experience, Hrebiniak shows why execution is even more important than many senior executives realize, and sheds powerful new light on why businesses fail to deliver on even their most promising strategies. He offers a systematic roadmap for execution that encompasses every key success factor: organizational structure, coordination, information sharing, incentives, controls, change management, culture, and the role of power and influence in your business. With three new chapters, expanded coverage, and new examples, the Second Edition of this highly successful book is the definitive guide for turning strategy into action.