Business Execution for RESULTS Book Summary - Business Execution for RESULTS Book explained in key points
Listen to the Intro

Business Execution for RESULTS summary

Stephen Lynch

A Practical Guide for Leaders of Small to Mid-Sized Firms

4.4 (55 ratings)
14 mins
Table of Contents

    Business Execution for RESULTS
    summarized in 6 key ideas

    Audio & text in the Blinkist app
    Key idea 1 of 6

    Define ambitious goals that will show the path to success.

    Have you heard the term Big Hairy Audacious Goals, or BHAGs? It was coined by Jerry I. Porras and Jim Collins in their book Built to Last. To qualify as a BHAG, a goal needs to meet four criteria:

    It needs to be very big, take years to accomplish, be a little bit elusive in terms of the best way to attain it and must be easy to identify if it’s been achieved or not.

    Consider Wal-Mart. Following World War II, the company’s founder, Sam Walton, set a remarkably bold goal; he wanted to turn his tiny variety store in Newport, Arkansas into the most profitable one in the entire state.

    Since he was primarily selling cheap T-shirts and fishing rods at the time, this was a pretty audacious goal. It also wasn’t something he could achieve in a matter of months, and it wasn’t immediately clear how he could set about doing it. Finally, in terms of verifying his potential accomplishment, it would be easy to check the size and profit of his growing business against other stores in Arkansas.

    By 1948, Walton had achieved his incredible vision – his store was the most profitable of any variety store in Arkansas. From there, he just kept setting goals and, decades down the line, by 2002, Wal-Mart had become the largest company on the face of the earth.

    So, do as Sam did and identify your own BHAG. But a BHAG is not necessarily about growing your company; it can also be related to a specific product or project.

    In 1934, Walt Disney set out to create the very first animated, feature-length film. No one in the industry believed in this bold project because animation was only considered suitable for short films.

    History proved them wrong. Disney reached his goal when Snow White and the Seven Dwarfs was released in 1938.

    People loved it. And even though Disney’s original goal hadn’t been revenue, the film did generate massive returns.

    Next up, you’ll learn about two key concepts that are at the foundation of your business.

    Want to see all full key ideas from Business Execution for RESULTS?

    Key ideas in Business Execution for RESULTS

    More knowledge in less time
    Read or listen
    Read or listen
    Get the key ideas from nonfiction bestsellers in minutes, not hours.
    Find your next read
    Find your next read
    Get book lists curated by experts and personalized recommendations.
    Shortcasts New
    We’ve teamed up with podcast creators to bring you key insights from podcasts.

    What is Business Execution for RESULTS about?

    Business Execution for RESULTS (2013) is a guide to building a better business. These blinks offer a practical plan for setting appropriate goals and performing the necessary analyses to create a winning business strategy that will lead your company straight to the top.

    Best quote from Business Execution for RESULTS

    There is nothing so useless as doing efficiently that which should not be done at all. – Peter Drucker (renowned management thinker and author)

    —Stephen Lynch
    example alt text

    Who should read Business Execution for RESULTS?

    • Business owners and new entrepreneurs
    • Leaders and executives in small to mid-sized companies

    About the Author

    Stephen Lynch, in addition to being a developer of successful business strategies, is a former police officer, bodybuilder, DJ and a pharmaceuticals sales manager, just to name a few of his past careers. He’s also the cofounder of, a platform that offers software and consulting services to help businesses thrive.

    Categories with Business Execution for RESULTS

    Books like Business Execution for RESULTS

    People ❤️ Blinkist
    Sven O.

    It's highly addictive to get core insights on personally relevant topics without repetition or triviality. Added to that the apps ability to suggest kindred interests opens up a foundation of knowledge.

    Thi Viet Quynh N.

    Great app. Good selection of book summaries you can read or listen to while commuting. Instead of scrolling through your social media news feed, this is a much better way to spend your spare time in my opinion.

    Jonathan A.

    Life changing. The concept of being able to grasp a book's main point in such a short time truly opens multiple opportunities to grow every area of your life at a faster rate.

    Renee D.

    Great app. Addicting. Perfect for wait times, morning coffee, evening before bed. Extremely well written, thorough, easy to use.

    People also liked

    Start growing with Blinkist now
    26 Million
    Downloads on all platforms
    4.7 Stars
    Average ratings on iOS and Google Play
    Of Blinkist members create a better reading habit*
    *Based on survey data from Blinkist customers
    Powerful ideas from top nonfiction

    Try Blinkist to get the key ideas from 5,500+ bestselling nonfiction titles and podcasts. Listen or read in just 15 minutes.

    Start your free trial