I’ve had a lot of experience turning around troubled companies, and one of the first things I learned was that whatever hard or painful things you have to do, do them quickly and make sure everyone knows what you are doing and why.

There are fundamentals that characterize successful enterprises and successful executives.

• They are focused.

• They are superb at execution.

• They abound with personal leadership.

A good strategy will always identify critical holes, competitive weaknesses, and the potential to fill them with tactical acquisitions.

Thus, it is very hard to develop a unique strategy, and even harder, should you develop one, to keep it proprietary.

So, execution is really the critical part of a successful strategy. Getting it done, getting it done right, getting it done better than the next person is far more important than dreaming up new visions of the future.