While its something we should know, the sexiness of devising strategy sometimes overwhelms the daily grind of implementation. So its great to reinforce when ever possible, that when it comes to executing strategy, the old saying “the devil is in the details” holds true for many companies, according to Wharton emeritus management professor Lawrence G. Hrebiniak.
While executives may readily participate in the development of new strategies, execution tends to get ignored, because it is often viewed as a task for non-executives or not an exec level concern, he notes.… Read more