Execution Intelligence


Chrisnoblet3

Uploaded on Oct 13, 2022

PPT on Execution Intelligence

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Execution Intelligence

EXECUTION INTELLIGENCE Introduction Execution intelligence refers to the ability to fashion a solid idea into a viable business is a key characteristics of successful entrepreneurs. Execution intelligence is the factor that determines whether a start-up is successful or fails. Source: the-definition.com What it means? It means that a management team has to be focused enough not to be distracted, while at the same time flexible enough to respond to the market. It means there is a management team not a single super-hero entrepreneur, but a super-hero entrepreneurial leader that has developed a management team with collective execution intelligence. Source: www.inc.com How do you develop a team with execution intelligence? It just doesn't show up because you think or talk about it. It needs to be a conscious, step-by-step assembly process. That's why this is so important: Keep execution intelligence in mind when you build the management team and bring on advisors and board members. Source: www.inc.com CHARACTERSTICS OF EXECUTION INTELLIGENCE Domain knowledge Experience in the market space equals special insight into customers' unique problems. Source: www.inc.com Fast-growth scar tissue Growth is hard. The more you've experienced it, the more effective you'll be. Without it, you can't deal with the ups and downs of rapid growth. At some point, a large, well-financed competitor will loom up overnight and bellow loudly. Source: www.inc.com Experience in competitive markets Appreciate the competition. Know how to handle it. Know how to respond judiciously versus reacting emotionally. Source: www.inc.com Risk management Those who can anticipate market trends can adapt more easily to market changes. Shifts in strategy or product lines are inevitable. Source: www.inc.com A comprehensive experience profile Taken together, your team members must have the marketing, technical, sales, and executive expertise it takes to grow and run a company. Source: www.inc.com Leadership As you grow, your corps of employees will expand faster than you can imagine and leadership will be critical. Source: www.inc.com THANK YOU