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| Execution might not sound glamorous, but it is the primary job of an executive. All great business leaders thrive on getting things done. They know that “great plans with no execution yield nothing.” According to Honeywell’s highly successful ex-CEO Larry Bossidy, in his book Execution – "Organizations don't execute unless the right people, individually and collectively, focus on the right details at the right time." This is exactly the challenge in project organizations. No matter how much time you spend planning, in execution things change. Everywhere people are working hard, but on different priorities. Managers are busy firefighting and don’t have the time to manage. Deadlines are missed, half-finished work is everywhere, and things that should take weeks take months. The resulting losses are tremendous. The Economist wondered in its article Overdue and over budget, over and over again, “Companies are increasingly keen on projects. Why, when so many fail?” Unable to find a solution to streamline execution, executives rely on individual heroics to save the day. Management control turns from “getting it done” to process administration. Instead of "what will help our managers get the job done,” focus becomes "how can we produce more reports faster?" Alternatively, Realization's execution management system helps to get the job done. Applying the rules of critical chain, it makes execution management possible by providing clear and synchronized priorities to ALL managers on a day-to-day basis. As a result, more projects are done faster.
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