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In this summary you will learn: Why an executive must be effective What five habits you should develop to become a more productive manager Why society depends on successful organizations and the executives who make them so Why you should read The Effective Executive As an author and an intellectual, the late Peter F. Drucker was a true business sage. Recognized as the father of modern management, Drucker forecast numerous pivotal trends, including decentralization, privatization and the development of the information society. He introduced the concept of the “knowledge worker,” a term he employs widely in this fascinating book. His internal study of General Motors, Concept of the Corporation, greatly influenced how businesses conduct their affairs. Each Drucker book is a genuine business classic, including this one. getAbstract believes it will help you think productively about what you do. No one writes more intelligently or presciently on management and its functions than Drucker. All executives, even those who are already effective, will benefit from reading this informative, enlightening book. About the Author Peter F. Drucker was a management consultant and writer. His 39 books and numerous articles discuss how humans organize themselves in business, government and the nonprofit arena. Request Free!

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The Effective Executive -The Definitive Guide to Getting the Right Things Done – Free Book Summary

Once the strategy has been defined however, nine out of ten organizations fail to implement it effectively. Trends such as globalization, increasingly empowered customers, and rapid and accelerating change make closing the gap between strategy and execution more critical than ever. The current difficult economic environment only increases this imperative. We are no longer living in the “rising tide lifts all boats” world of recent years and effective execution is front and center in the corporation. Today, many boats are sinking. What is the answer? How can management communicate the strategy effectively and assure that the entire organization has bought in to the strategy and is aligned behind it? Business performance optimization systems are an important tool for success. As corporations are blessed (and cursed) with ever increasing amounts of rapidly changing data, decision-making limited to the executive suite or any one silo in the firm is no longer a viable option. This can lead to strategy disconnected from operations, decisions made without context and a lack of coordination across the organization and throughout the business ecosystem. Utilizing business performance optimization systems, empowered employees can confidently make timely, strategically aligned decisions based upon facts as opposed to intuition or corporate politics. These tools also enable transparency and act as a basis for enterprise risk management. These tools can fundamentally change our organizations. The role of management is no longer that of “ultimate decision-maker” but that of “translator” and “coach” who initiates the strategy and define the metrics which bring the efforts of each stakeholder into alignment with the strategy as a whole. Good strategy effectively implemented can provide the sustainable competitive advantage that all organizations aspire to. Request Free!
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Making Strategy Real