The American Institute for Innovation Excellence is a 501(c)(3) non-profit organization organized as a professional research “think tank.”
Under this organizational framework, the AIIE limits and dedicates its operations to promoting innovation excellence, for the exclusive and charitable benefit of government agencies, corporate entities and the greater good, through research, development, education and publication within the following focus areas:
Innovation Management Best/Next Practices Development
Innovation Management Maturity Concepts
Innovation Execution Delivery Methodologies
Portfolio, Program and Project Execution Models
Innovation, Idea and Creativity Concept Education and Training
“ Companies typically realize only about 60% of their strategy’s potential value because of breakdowns in planning and execution ”
– Harvard Business Review
Why Are We So Bad At Executing Against Stra tegy ?
“ 82% of Fortune 500 CEOs feel their organization did an effective job of strategic planning. However, only 14% of those same CEOs indicated that their organization did an effective job of implementing the strategy”
Two possible definitions of "Execution" from FreeDictionary.com:
The manner, style, or result of performance; Implies action.
The act or an instance of putting to death or being put to death as a lawful penalty.
But action on what exactly? Strategy.
Coincidence? In today's fast-paced, delivery-oriented business climate, the two definitions are logical partners. ‘Execute...or be executed’ is the mantra of today’s business world and ‘execute’ in the organizational context means action.