It was with this perspective in mind that Larry Bossidy, when he was at AlliedSignal, dedicated 20 to 30% of his time to putting the right people in the right places.
"At the end of the day, you bet on people, not on strategies. Strategies are intellectually simple; their execution is not simple. The question is, can you execute? That's what differentiates one company from another". -Larry Bossidy, President Allied Signal
- Moreover, the potential managers' career paths must allow them to develop their ability for executing the strategy. As an example, we can mention a Korean company that wished to develop its activity in Japan. Several years ahead of time, it started sending managers to partner companies in order to become familiar with local culture. When the time came, it had a pool of people who were capable of efficiently implementing its strategy.