StrategyDriven Organizational Performance Measures Best Practice Article

Performance Measures and Thresholds Aligned with Regulatory Standards

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.

StrategyDriven Business Performance Assessment Program Best Practice Article

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

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.

Jeffrey Gitomer

What are you thinking? Here are a few of my thoughts!

The minute I get a thought, I capture it. For the past year or so, I’ve been texting myself through voice dictation. It works. It’s the same way I am writing this column. Voice to text. It works. I’m about to show you, and share with you, some of those random thoughts. They are in […]

Chris Majer

6 Silent Productivity and Profitability Pitfalls, part 3 of 7

Silent Killer #2: Not Listening To truly listen does not mean merely hearing or paying attention. Listening is a specific type of active interpretation that shapes our realities. This largely unknown and certainly unrecognized skill is critical in the new business world. By blindly creating and/or tolerating working conditions in which people do not and […]

The New World of Beta Curation

Today’s American corporate world is a tale of two cultures. One, more traditional and common, is centralized and hierarchical. I call it Alpha. The other, smaller and rarer, is decentralized, horizontal, and inclusive. I call this one Beta. To flourish in today’s business environment, organizations and individuals need to transition from the outdated Alpha system […]

The Advisor’s Corner – How can I build relationships with key stakeholders?

Question: How can I build relationships with key stakeholders? StrategyDriven Response: (by Roxi Hewertson, StrategyDriven Principal Contributor) Competition for our time has never, in the history of human kind, been so intense. Yet, if we fail to make time to connect in authentic and meaningful ways with other people, we cannot lead well and our […]

Chris Majer

6 Silent Productivity and Profitability Pitfalls, part 2 of 7

Silent Killer #1: Degenerative Moods A mood is a predisposition for action. As human beings, we are always living in one mood or another. This is an inescapable aspect of life. We are mood-driven creatures, and our moods are the foundations from which we assess and move in the world. Moods come in a variety […]

The 7 Silent Business Killers

High blood pressure is a silent killer. Combined with other risk factors it can lead to death. Similarly, in business, there are 7 silent business killers that if combined, can lead to the death of a business. Here are the warning signs the health of a business may be at risk: #1 Life Is Great […]

StrategyDriven Business Performance Assessment Program Best Practice Article

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

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.

Chris Majer

6 Silent Productivity and Profitability Pitfalls, part 1 of 7

The last decade ushered in an economic meltdown and technological breakthroughs that have forever changed the business world as we knew it. The changes have been so dramatic that most companies are still scrambling to figure out the new rules of the game. We are facing a new world – one that calls for new […]