This special seminar, delivered by our CEO Te Wu at Montclair State University, on Strategic Business Execution presented two frameworks:
a) A simple framework that divides organization activities into three major aspects: planning, operating, and changing. The emphasis is not to minimize the importance of planning and strategy as they are critical to success. But to achieve operational excellence and to manage change effectively, the ability to execute becomes paramount.
b) A comprehensive framework on Strategic Business Execution that includes four components:
1. Value, Behavior, and Attitude – the intrinsic “software” of individuals, teams, and companies
2. Important Competencies – the essential abilities (e.g. skills and expertise)
3. Core Disciplines – the basic methods, systems, and control
4. Integrating Processes – the unifying force that ties all these components together