Monday, October 19, 2009

Biz - Good One

Return on Execution (RoX) = Net Gain from Improved Execution / Net Execution Investment

Need to choose right passengers in the Bus (organization), Important thing to this aspect having right people on the right seat. Eg: Having the driver to drive the bus. Passenger knowing where to go and knowing what they are supposed to do in the bus. Aligning Strategy and Execution.

Sports analogy - "the manager can only put players on the field, But the players have to execute" Manager gets to define the strategy, Players will be executing strategy provided the manager and players align together for common cause bounded the organizations objectives, goals, mission and vision for success.

Have X Resources spending Y% of time towards completing Z% of task.

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