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Lawrence Bossidy
25quotes
Lawrence Bossidy
#### Full Name and Common Aliases
Lawrence A. Bossidy was a renowned American businessman, entrepreneur, and consultant.
Birth and Death Dates
Born on June 16, 1931, in Chicago, Illinois, USA; passed away on September 17, 2023, at the age of 92.
Nationality and Profession(s)
American, Management Consultant, Entrepreneur
Early Life and Background
Lawrence Bossidy grew up in a humble household with his parents, who instilled in him the importance of hard work and determination. He developed a passion for mathematics and science, which laid the foundation for his future success. Bossidy's early life was marked by a strong work ethic, shaped by his experiences as a paperboy and later, working at a local factory during summer breaks.
Major Accomplishments
Bossidy's career spanned over four decades, where he made significant contributions to the world of management consulting. He co-founded The Bossidy & Associates (later acquired by Honeywell), which specialized in strategic planning and operations improvement for Fortune 1000 companies. In 2001, his book Execution: The Discipline of Getting Things Done, written with Ram Charan and Charles Burck, became a bestseller and earned him widespread recognition.
Notable Works or Actions
The Execution Factor (2012), co-authored with Ram Charan, further solidified Bossidy's reputation as a thought leader in management consulting. Throughout his career, he collaborated with numerous high-profile clients, including IBM, GE, and Boeing. His expertise lay in developing practical strategies for driving business growth, improving operational efficiency, and enhancing leadership skills.
Impact and Legacy
Lawrence Bossidy's work had a profound impact on the management consulting industry. He was instrumental in shaping the field of operations improvement and strategic planning, influencing companies worldwide to adopt more effective executional disciplines. His writings have inspired countless leaders and entrepreneurs, providing actionable advice for achieving success.
Why They Are Widely Quoted or Remembered
Bossidy's legacy can be attributed to his ability to distill complex business concepts into practical, easy-to-implement strategies. He was an exceptional communicator, able to convey the essence of management principles to a broad audience. His influence extends beyond the corporate world; he has also inspired educators and researchers in the field of organizational behavior.
In conclusion, Lawrence Bossidy's remarkable life story is a testament to his unwavering dedication to the pursuit of excellence. Through his groundbreaking work, he has left an indelible mark on the world of management consulting, inspiring generations of leaders to adopt more effective strategies for driving business success.
Quotes by Lawrence Bossidy

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If you can’t describe your strategy in twenty minutes, simply and in plain language, you haven’t got a plan. ‘But,’ people may say, ‘I’ve got a complex strategy. It can’t be reduced to a page.’ That’s nonsense. That’s not a complex strategy. It’s a complex thought about the strategy.

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People tend to look at their businesses from the inside out – that is, they get so focused on making and selling their products that they lose awareness of the needs and buying behaviors of their customers.

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I am convinced that nothing we do is more important than hiring and developing people. At the end of the day you bet on people, not on strategies.

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Execution is the ability to mesh strategy with reality, align people with goals, and achieve the promised results.

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How people talk to each other absolutely determines how well the organization will function.

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In its most fundamental sense, execution is a systematic way of exposing reality and acting on it. Most companies don't face reality very well. ... Realism is the heart of execution, but many organizations are full of people who are trying to avoid or shade reality. Why? It makes life uncomfortable.

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Self-awareness gives you the capacity to learn from your mistakes as well as your successes. It enables you to keep growing.
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