IDEAS home Printed from https://ideas.repec.org/h/spr/mgmchp/978-3-662-54489-1_11.html
   My bibliography  Save this book chapter

The Value of Great Execution and Humility for Sustainability

In: The Timeless Principles of Successful Business Strategy

Author

Listed:
  • Eric Viardot

    (EADA Business School Barcelona)

Abstract

The leaders of sustainable companies are aware that longevity depends on the quality of operations and a tenacious execution of the strategy. Failure may come from the lack of available capabilities but also from excessive success that leads to complacency, dogmatism, ritualization, and excessive specialization. Some firms are blinded by their own success and perish because they are unable to adapt to new situations. Leaders of sustainable firms avoid this fate by maintaining a certain degree of humility. First, they do not allow themselves to be complacent. They agree to share decision-making. They build trust with their employees and listen to them. They never consider themselves as indispensable and irreplaceable. They plan for the best but prepare for the worst while keeping an eye open to any new opportunity they can seize.

Suggested Citation

  • Eric Viardot, 2017. "The Value of Great Execution and Humility for Sustainability," Management for Professionals, in: The Timeless Principles of Successful Business Strategy, edition 2, chapter 11, pages 105-111, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-662-54489-1_11
    DOI: 10.1007/978-3-662-54489-1_11
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:mgmchp:978-3-662-54489-1_11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.