Strategy Execution (Neilson et al, June 08) talks about the relative effectiveness of various strategic approaches to change and finds information flows and decision rights to be the key areas to address.
Let's take a quick look at how this principle has been applied in project management.
Firstly we have the issue of responsibility. This is linked to definitions of success.
I often suggest here that poor project leaders call success delivering to contract while excellent project leaders deliver outcomes that make their customers happy. Life isn't as simple as that, but this idea can help you work out what boundaries you should set for yourself around your responsibilities and authorities.
In most instances project leaders are expetcted to make a few waves as they deliver their project. Breaking conventions and lines of command is often acceptable.
You as the project leader have to be willing to make these waves though. And even though others may have a different idea of where your boundaries are, you should know that your boundaries are linked to whatever it is goiung to take to deliver the project results (ethically and sensibly.)
So you are going to need to take responsibility for project outcomes, not processes.
This means that you will need to seek out the appropriate information to make good decisions. In many organsiations information is only traded for something of value or even kept secret. You need to overcome these barriers using your team and the project mangager's toolkit (check the the social, cultural and political sections.)
Don't wait for information to come to you. Go get it.
And thirdly there is enabling your team. You need to give them the room and authority to make decicions appropriate to the problems and opportunities taht are going to present themselevs along the way. If you can hand over decicion making at this level your whole team will increase quality, velocity and motivation. If you can do this, everyone wins.
Go check out the article if you want the broader view, or feel free to comment on my thoughts above.