In this episode of 'The Emergent Approach to Strategy,' guest Peter Compo joins to discuss the complexities of executing strategy effectively, focusing on Chapter 9 from his book. Compo addresses common misconceptions about execution and its distinction from strategy, emphasizing the importance of adherence to strategy frameworks. He explores real-world examples from businesses and sports, highlighting how excellent execution requires discipline and adaptability in dynamic situations. The conversation also delves into the integration of innovation within disciplined execution, using analogies from music and sports to illustrate key points.
00:00 Introduction and Overview
00:37 Understanding Execution in Strategy
02:55 The Misconceptions of Execution
06:23 Execution vs. Strategy: A Deeper Dive
08:57 Execution in Practice: Sports and Music Analogies
11:57 Challenges and Realities of Execution
20:52 Execution in Business and Innovation
23:26 Demming’s Red Bead Experiment and Its Lessons
39:15 Final Thoughts and Conclusion
Link to Peter’s website: https://emergentapproach.com
Link to Peter’s Music: https://www.youtube.com/channel/UCJsn2zbnx8dwvHJrisdkAtg
Link to Aidan McCullen for Keynotes, workshops and event MC.
https://theinnovationshow.io
Find us on Substack for Shownotes and competitions:
https://thethursdaythought.substack.com
Link to Frank Barrett’s episode “Yes to the Mess” part 1 and 2:
https://youtu.be/xgkk-Vlgtt0?si=-Ddv-aGFj8XtsDrF
https://youtu.be/D7dR5Gi7i80?si=bJ3NhwhhnuYWgVbl
strategy, innovation, execution, Peter Compo, Aidan McCullen, emergent approach, business strategy, military strategy, sports strategy, discipline, improvisation, music, jazz, leadership, organizational behavior, cognitive capacity, change management, tactical planning, operational excellence, resilience
The Innovation Show