Monthly Archives: February 2014

  • Creating the Discipline of Execution

    Posted on February 28, 2014 by FMI Corporation

    Creating the Discipline of Execution By Lee Smither SmitherL_web   In 2002, Larry Bossidy and Ram Charan coauthored a book titled “Execution, the Discipline of Getting Things Done,” which focused on the single element of successful companies that is so often overlooked: the ability to execute. Execution is not just about efficiency and effectiveness: It is more comprehensive than that, and encompasses these three points:
    • Execution is a discipline and integral to strategy
    • Execution is the major responsibility of senior management
    • Execution must be a core element of a company’s culture
    Creating a culture of execution is imperative to long-term success and it is the foremost job of senior management. It cannot be delegated to project managers, department heads or other staff who do not have the authority to act and/or the internal clout to create change. Only the CEO and other senior people can set the tone and dialogue in the company.

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    This post was posted in Consulting and was tagged with Strategy, FMI Corporation, leadership in A/E/C industry, executing strategy, FMI's Mergers & Acquisitions Advisor 2014 Q1

  • Great Operations: Bridging the Silos

    Posted on February 21, 2014 by FMI Corporation

    Great Operations: Bridging the Silos By Jim Schug SchugJ_webDone correctly, effective business leaders know that sustainable operational excellence can create a lower bid and still allow room for a higher profit margin. Market advantage seldom is gained by one or two well-implemented ideas. Rather, an organization that can rapidly adapt and implement multiple new ideas will create conditions for success. No longer is it one technique or approach that gives a company an edge over its competition, but rather advantage is gained by companies testing new practices and constantly evolving. In order to create this type of advantage, companies must be great at implementing ideas rapidly. From our work with clients through the recession, there are five steps required to achieve operational excellence.

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    This post was posted in Consulting and was tagged with A/E/C blog, FMI Corporation, strategy and operations, Operational improvement, Execution

  • Eight Strategies for Grooming Global Leaders

    Posted on February 12, 2014 by FMI Corporation

    Eight Strategies for Grooming Global Leaders By Sabine Hoover HooverS_web Globalization presents unique leadership development challenges for companies in the construction and engineering fields. Grooming leaders who can look beyond traditional, domestic borders and adopt a global mindset takes time and requires an entirely new learning approach. Here are eight strategies to use when cultivating global leaders.    

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    This post was posted in Consulting, Center for Strategic Leadership, Talent Development and was tagged with FMI Corporation, leadership in A/E/C industry, Estimating software survey, globalization, Operational excellence

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