Dr. Abhishek Kumar Jain The balanced scorecard is a strategic planning and management system (not a measurement system) i.e. used extensively in business world wide to align business activities to the vision and strategy of the organization, improve internal and external communications and monitor organization performance against strategic goals. It was originated by Dr. Robert Kapalan (Harvard Business School) and Dr. David Norton as a performance measurement frame work that added strategic non-financial performance measures to traditional financial matrics to give managers and executives a more 'balanced' view of organizational performance. The balanced score card transforms strategic planning from an academic exercise in to a nerve centre of the enterprise.
The Chinese approached the task of dominating the Olympics with military style disciplined execution. They successfully adopted the systems and process used by the Soviets. The Chinese handpicked and trained 200000 kids in state run sports schools. It’s the same system the Soviets used to train gold medalists. To give an emotional appeal, they branded it Project 119, named after the number of gold medals offered in events in which China was traditionally weak. Project 119 is not going to end any time soon as 9 year old Zhang Huiman is training, running 20 miles a day preparing for the games of 2020. So in the nutshell, strategy execution can be outline as: get a big dream, create a team and a leader to drive it, communicate and create a buy-in of front-line staff and use robust systems and processes to execute. Do not be afraid of using outside help, brand your projects well, allocate good resources and keep the faith.
In real life, strategy is actually very straight forward. You pick a general direction and implement like hell. - Jack Welch
From the same flower, A bee extracts honey and a wasp, gall. Similar is the distinction between a leader and follower