IDEAS ARE CHEAP; EXECUTION IS WHAT MATTERS!

An astute observation!

"Performance improvement is blind to the lineage of good ideas."

~ Chris Brogan, CEO, Owner Media Group (dedicated to helping owners grow their business through improving their capabilities and connections), and author of 'Benchmarking for Best Practices';

Ideas, in and of themselves, are cheap. Execution is what matters.

Put it in another way: 

In business, the only thing that matters with an idea is whether it improves your performance.

Where the idea originally came from is strictly academic.

AN INTERESTING PERSPECTIVE ABOUT EXECUTING YOUR IDEA

I came across - rather belatedly - the following interesting perspective about the distinction between an idea & its execution, from Derek Sivers, while surfing the net today:

"To me, ideas are worth nothing unless executed. They are just a multiplier. Execution is worth millions.

Explanation:

AWFUL IDEA = -1
WEAK IDEA = 1
SO-SO IDEA = 5
GOOD IDEA = 10
GREAT IDEA = 15
BRILLIANT IDEA = 20

NO EXECUTION = $1
WEAK EXECUTION = $1000
SO-SO- EXECUTION = $10,000
GOOD EXECUTION = $100,000
GREAT EXECUTION = $1,000,000
BRILLIANT EXECUTION = $10,000,000

To make a business, you need to multiply the two.

The most brilliant idea, with no execution, is worth $20.
The most brilliant idea takes great execution to be worth $20,000,000."

Think about it.

No wonder celebrity success coach Anthony Robbins often said : "The secret to success is taking massive, consistent action."

[Derek Sivers calls himself "a hopeless learning addict, who's endlessly fascinated with the technical/programming/design process". He spends most of his time inventing and re-inventing the code behind his growing company's music distribution websites.]

LIFESCAPING & THE STRATEGY PROCESS

Here's the weblink to an interesting article on 'Facilitating Strategic Execution' by strategist Johan Roos, Director of the Imagination Lab Foundation, based in Switzerland.

As concurred with Dilip Mukerjea, I find that the essence of the article - "turning strategizing into embodied experiences... using your hands to craft sense... " - resonates with or rather accentuates the philosophy of 'Lifescaping', as conceived for his 'Lifescaping' seminars with the Singapore Institute of Management.


[Readers can check out the next 'Lifescaping' seminar schedule at SIM.]