The key to successful execution is having focus, clarity, alignment, and accountability. These four things will help you get your strategies executed. – Patrick Thean
Identifying core values, achieving clarity, and fostering accountability is undeniably important within organizations. My conversation with Patrick Thean, an expert in helping CEOs and teams overcome barriers to success, emphasizes their significance. Those things should not merely be words on a wall but rather true behavioral patterns that are believed in and practiced.
As shared in Jim Collins’ book, “Good to Great,” there is a need for a small set of core values to avoid excessive bureaucracy and processes. We talk about the way companies can have practical implementation of core values on a daily basis. Patrick shares the ways he utilizes them within his own company, Rhythm Systems. Core values like “go the second mile” and “keep smart” are ingrained into their everyday language and actions.
Clarity and effective communication are also keys to effective execution. At Walt Disney World there is a high level of focus on creating magical memories. This focus empowers employees to think about their purpose before executing their role. Clarity within an organization not only helps in goal-setting but also in holding people accountable.
Patrick also debunks the notion that accountability is merely about punishment. It is actually about ensuring that the organization’s objectives are achieved and addressing issues collectively rather than covering them up. We talk about the “gift of red” feedback. That emphasizes the significance of providing early feedback on unacceptable performance or issues to allow for timely resolution.
Throughout our conversation, Patrick emphasizes the importance of empathy, repetition, and self-awareness in effectively executing strategies. There are always going to be challenges with maintaining focus, alignment with other teams, and the accountability of both individuals and teams. Planning and organization are among the crucial factors in avoiding unnecessary interruptions and disruptions in workflow.
Make sure to listen to this conversation Patrick Thean to learn more about the secrets to achieving business success through effective execution. There is no doubt that you will hear strategies that can really work for you.
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00:01:08 – Patrick’s Background
00:03:10 – Lack of Execution
00:05:51 – Focus and Execution at Disney
00:09:02 – Clarity, Accountability, and Setting Goals
00:16:27 – Creating a Culture of Transparency
00:19:47 – Using Core Values in Daily Language
00:21:14 – Effective Communication and Accountability
00:25:39 – The Importance of Collaboration and Rhythm
00:26:30 – The Challenges of Sharing Ideas
00:27:23 – The Importance of Self-Awareness and Compartmentalization
00:32:55 – Transforming Status Meetings into Adjustment Meetings
00:33:40 – The Value of Strategic Thinking and Planning