So how does a business transform a mediocre operation into a business operated with the principles of flawless execution? Best case scenario is to learn from the best in the business. The world's top Chief Operating Officers may run different operations, but all have similar visions. Flawless execution is the common thread among all of the world's best.
Production equation
One does not have to be in a retail business or a manufacturing operation to understand productivity. Flawless execution encompasses a threefold process of controlling operating expenses, buying goods or services at a discounted rate, passing the saving to customers/clients, and growing residual income.
When balancing flawless execution with the production equation, consider doing more with less. If every person within the organization understands their role in reducing operating expense, then every person will be willing to produce at the highest level. If not, the employee's will be waiting for the next task and waste time. In regard to flawless execution, time is money.
Leadership means more than just claiming to understand the principles of flawless execution. One must be fully engulfed in the process. Anyone can tell people what to do, but true leaders empower their followers to do those same things themselves.
Looking at the fine details and reacting to any discrepancies. Make plans to avoid future failures. Embrace others differentiating ideas and constructive criticism. Do all of these qualities sound familiar? They are all qualities of flawless execution.
Diversity and Inclusion
A major component of flawless execution is the respectful understanding of all of the people components of business. Telling the world women are valuable and promoted with the organization is good, but if there is no real proof, what is solved? The only benefit is public relations.
Genuinely understanding the differences and utilizing them in business decisions transforms the organizations thought processed. Inclusion means involving all parties. Remember one of the principles of flawless execution is to have role clarity. Including everyone makes role clarity transparent.
Trust
Trust is nothing new in business, but within the principles of flawless execution, trust is the stepping stone for success. The aspects needed to ensure success in flawless execution is integrity and honesty.
Integrity comes from doing the right thing all of the time, not just when someone is looking. For example, if sustainability is a cornerstone of the organization, would you leave the faucet running?
Honesty with the flawless execution model means telling the truth all of the time. At times the truth may hurt the person, but will be needed to ensure continuous success.
Flawless execution is a process in which an organization transforms their business from good to great. With millions of different businesses throughout the world, is your business good or great?
Published by Richard Banks
Retail business manager turned professional writer. More than 15 years in the retail business management field. Four years of music and business college education with a concentration of management and leade... View profile
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