“Business Execution is the single-biggest pillar of ‘strategy’. As companies continue to use strategy to boost business, managing its execution has become a challenge. In such times, business execution has become the key for companies that want to succeed. It is about quantifiable goals that are aligned to the appropriate strategy. This needs to be supported by the right people skills and doing the right things. It is an important part of the right business process management efforts.
There has been a steady movement from cost, quality, and productivity to specialisation, process reengineering and technology-enabled platforms over the years. Companies are rapidly moving from business strategy to business execution. The process rests on two primary pillars—strategy that can be quantified and a productive people resource. As industries move from SLAs to multi-tenancy and non-linear growth, business execution requires an increased depth and breadth of services.