From Strategy to Execution
Organisations exist to deliver value to customers and other stakeholders — that's strategy.
They do this via a series of coordinated activities across a number of functions of the organisation — that's a process.
It is sensible to optimise these processes so they satisfy the requirements of customers and other stakeholders — that's process improvement.
A coordinated view of performance of all processes by which an organisation delivers value, optimises performance — that's process management.
Process management focuses organisations on activities that create the value delivery outcomes described by the strategy — that's execution.