Entries by Nathan Ives

Performance Measures and Thresholds Aligned with Regulatory Standards

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Federal, state, and local governments regulate almost every aspect of the business environment. While many requirements necessitate one-time actions, others govern ongoing business operations. Performance measures dedicated to monitoring compliance with regulatory requirements and possessing thresholds tailored to ensuring timely, preemptive corrective actions prevent noncompliance, provide regulatory margin, and minimize management distraction.

Business Performance Assessment Program Best Practice 9 – Continuous Monitoring and Periodic Assessment

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The value derived from performing business performance assessments directly correlates to the effectiveness of the program itself. In order to maximize its value, the self-assessment program must be efficiently administered, the individual assessments insightful, and the follow-on improvements recommendations actually implemented. Shortfalls in any of these aspects diminish the program’s overall return on investment. Therefore, organization leaders should ensure the self-assessment program is optimally executed much like the self-assessment program helps ensure effective, efficient execution of the organization’s other activities.

Business Performance Assessment Program Best Practice 8 – Documented Business Performance Assessment Process

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Effective performance improvement programs promote alignment of business operations with the organization’s vision, mission, values, and goals. Such programs consistently identify opportunities to improve high value-adding operations and to eliminate low value-adding activities. These programs themselves are highly efficient and capable of producing repeatable results. Documenting the business performance assessment process provides the framework necessary to achieve this level of focused execution consistency.

The Advisor’s Corner – Can Failure Be My Friend?

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Question: How can I stop being so worried about failing? StrategyDriven Response: (by Roxi Hewertson, StrategyDriven Principal Contributor) Too often, our self-worth and confidence are all tied up with having to succeed all the time at everything. No one succeeds at anything, even their best skill set, all the time! Absolutely NO ONE. Think about […]

StrategyDriven Podcast Episode 46 – Your Leadership Off-Site is Wasting a Lot of People’s Time

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StrategyDriven Podcasts focus on the tools and techniques executives and managers can use to improve their organization’s alignment and accountability to ultimately achieve superior results. These podcasts elaborate on the best practice and warning flag articles on the StrategyDriven website. Episode 46 – Your Leadership Off-Site is Wasting a Lot of People’s Time examines the […]

Podcast: Play in new window | Download (Duration: 20:39 — 28.6MB)

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