Stephen Bungay on Strategy and the Art of Execution

About Stephen Bungay

Stephen Bungay is a Director at the Strategic Management Center, where he teaches programs on strategic decisions and translating strategy into action. He's also a sought-after conference speaker on topics related to strategy, leadership, and driving through disruption. Before joining Ashridge, Stephen was a Vice President and Partner at the Boston Consulting Group, where his clients ranged from Shell Oil to the Elite Mercedes F1 racing team. His interest in strategy led him to publish two books on military history that garnered him expert historian status. His most recent book—the Art of Execution—really caught our attention. In it, he shares lessons on how leaders thrive through high disruption environments based on a study of military history. If you're trying to make sense of all the different frameworks for how to think about strategy and how to tie that to execution, this is a great source.

Concepts

  • 0:00 - Introduction

  • 1:50 - Individual genius vs organizational capability

  • 14:35 - The formula for successful execution

  • 18:34 - Tactical vs strategic change

  • 20:18 - Check-in cadence

  • 21:22 - Operating rhythms at the extremes

  • 24:54 - Execution challenges teams have

  • 27:14 - What holds CEOs back?

Links

Other Sessions

  • Cameron Herold, Founder of COO Alliance, successfully scaled 3 companies past $60mm

  • TK Kader, Founder and CEO of Unstoppable, ToutApp (A16z), SVP Strategy at Marketo, Adobe;

  • Jason McCann, CEO of Vari

  • Will Bunker, Co-founder OneAndOnly (now Match.com), VChatter, President; GrowthX co-founder; investor in 160+ tech companies, 5 exits

  • Arjun Dev Aurora, Founder and CEO Retargeter; Founder, Valence; Nike, Investment Committee

    See the full list here.

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