As previously stated, we believe organizations act in accordance with the shared values of the people that comprise them. What an organization values is represented by the rewards sought in return for its products and services, the organizationally defined acceptable methods of reward pursuit, and the manner in which benefits realized are parsed to the organization’s members. Therefore, organizational accountability, the timely and consequential pursuit of mission goals, is driven by the ability of the organization to quantifiably measure earned rewards and the culturally determined method of assessing and recognizing employee performance.
StrategyDriven Podcast Episode 10 defines what core performance measures are, identifies the benefits of employing a performance measurement lattice, and describes the guiding principles used to create an organizationally aligning measurement system.
Complex decisions require executives and managers to synthesize a multitude of variables into meaningful information from which they must choose a course of action. Some executives and managers combine clarity of thought and depth of knowledge and experience with a true understanding of the organization’s goals to identify and select a well founded decision option. Others find their perspective clouded by personal bias, self interest, misinformation, inexperience, and/or a lack of decision-making fundamentals knowledge; falling prey to logic fallacies, the misapplication of logic during problem solving. While a lack of knowledge and/or experience with problem solving may contribute to logic errors, they are typically the product of decision-makers’ underlying desires.
Organizational accountability is built on the premise that individuals are equitably rewarded based on their contribution to the accomplishment of the organization's goals consistent with its ethical values. Performance, therefore, becomes more than just 'making the numbers.'
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The Welch Way a weekly BusinessWeek column and podcast by Jack and Suzy Welch About the Reference The Welch Way is a weekly BusinessWeek column and podcast authored by former GE CEO Jack Welch and his wife, the former editor of the Harvard Business Review, Suzy Welch. These articles cover a wide range of business […]
https://www.strategydriven.com/wp-content/uploads/SDELogo5-300x70-300x70.png00StrategyDrivenhttps://www.strategydriven.com/wp-content/uploads/SDELogo5-300x70-300x70.pngStrategyDriven2008-02-03 14:36:172015-09-17 23:18:31Recommended Resource – The Welch Way
Human beings are social creatures having both emotional and physical needs. Businesses able to satisfy these needs will be better positioned to attract and retain talented personnel; giving these businesses a much needed advantage in the increasingly knowledge driven marketplace where human resources are increasingly limited. Such organizations will further benefit from increased worker engagement because employees feel more connected and valued.
StrategyDriven Podcast Episode 8 – Focuses on how to assess a performance measurement system for completeness and align it to individuals at various levels of an organization.
One Foot Out the Door: How to Combat the Psychological Recession That’s Alienating Employees and Hurting American Business by Judith M. Bardwick, Ph.D. About the Reference One Foot Out the Door: How to Combat the Psychological Recession That’s Alienating Employees and Hurting American Business by Dr. Judith M. Bardwick examines the changing employment relationship between […]
https://www.strategydriven.com/wp-content/uploads/SDELogo5-300x70-300x70.png00StrategyDrivenhttps://www.strategydriven.com/wp-content/uploads/SDELogo5-300x70-300x70.pngStrategyDriven2008-01-27 10:29:142015-09-17 23:18:39Recommended Resource – One Foot Out The Door
StrategyDriven Podcast Episode 7 focuses on the five step process for creating a vertically cascaded performance measurement system anchored on the organization’s mission goals.
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Organizational Accountability – Fundamental Accountability Drivers
/in Organizational Accountability, Premium/by StrategyDrivenAs previously stated, we believe organizations act in accordance with the shared values of the people that comprise them. What an organization values is represented by the rewards sought in return for its products and services, the organizationally defined acceptable methods of reward pursuit, and the manner in which benefits realized are parsed to the organization’s members. Therefore, organizational accountability, the timely and consequential pursuit of mission goals, is driven by the ability of the organization to quantifiably measure earned rewards and the culturally determined method of assessing and recognizing employee performance.
StrategyDriven Podcast Episode 10 – Core Performance Measures
/in Organizational Performance Measures, StrategyDriven Podcast/by StrategyDrivenStrategyDriven Podcast Episode 10 defines what core performance measures are, identifies the benefits of employing a performance measurement lattice, and describes the guiding principles used to create an organizationally aligning measurement system.
Podcast: Play in new window | Download (24.8MB)
Subscribe: RSS
Decision-Making Warning Flag 1 – Logic Fallacies Introduction
/in Decision-Making, Premium/by StrategyDrivenComplex decisions require executives and managers to synthesize a multitude of variables into meaningful information from which they must choose a course of action. Some executives and managers combine clarity of thought and depth of knowledge and experience with a true understanding of the organization’s goals to identify and select a well founded decision option. Others find their perspective clouded by personal bias, self interest, misinformation, inexperience, and/or a lack of decision-making fundamentals knowledge; falling prey to logic fallacies, the misapplication of logic during problem solving. While a lack of knowledge and/or experience with problem solving may contribute to logic errors, they are typically the product of decision-makers’ underlying desires.
Organizational Accountability – Performance = Results + Behaviors
/in Organizational Accountability, Premium/by StrategyDrivenStrategyDriven Podcast Episode 9 – Horizontally Shared Organizational Performance Measures
/in Organizational Performance Measures, StrategyDriven Podcast/by StrategyDrivenStrategyDriven Podcast Episode 9 defines what horizontally shared performance measures are and identifies the benefits of employing shared measures.
Podcast: Play in new window | Download (15.3MB)
Subscribe: RSS
Recommended Resource – The Welch Way
/in Diversity & Inclusion, Organizational Accountability, Recommended Resources, Strategic Planning/by StrategyDrivenThe Welch Way a weekly BusinessWeek column and podcast by Jack and Suzy Welch About the Reference The Welch Way is a weekly BusinessWeek column and podcast authored by former GE CEO Jack Welch and his wife, the former editor of the Harvard Business Review, Suzy Welch. These articles cover a wide range of business […]
Resource Projection Best Practice 4 – 80 Percent Efficiency Estimate
/in Premium, Resource Projection/by StrategyDrivenHuman beings are social creatures having both emotional and physical needs. Businesses able to satisfy these needs will be better positioned to attract and retain talented personnel; giving these businesses a much needed advantage in the increasingly knowledge driven marketplace where human resources are increasingly limited. Such organizations will further benefit from increased worker engagement because employees feel more connected and valued.
StrategyDriven Podcast Episode 8 – Vertically Cascading Organizational Performance Measures, part 3 of 3
/in Organizational Performance Measures, StrategyDriven Podcast/by StrategyDrivenStrategyDriven Podcast Episode 8 – Focuses on how to assess a performance measurement system for completeness and align it to individuals at various levels of an organization.
Podcast: Play in new window | Download (18.7MB)
Subscribe: RSS
Recommended Resource – One Foot Out The Door
/in Diversity & Inclusion, Recommended Resources/by StrategyDrivenOne Foot Out the Door: How to Combat the Psychological Recession That’s Alienating Employees and Hurting American Business by Judith M. Bardwick, Ph.D. About the Reference One Foot Out the Door: How to Combat the Psychological Recession That’s Alienating Employees and Hurting American Business by Dr. Judith M. Bardwick examines the changing employment relationship between […]
StrategyDriven Podcast Episode 7 – Vertically Cascading Organizational Performance Measures, part 2 of 3
/in Organizational Performance Measures, StrategyDriven Podcast/by Nathan IvesStrategyDriven Podcast Episode 7 focuses on the five step process for creating a vertically cascaded performance measurement system anchored on the organization’s mission goals.
Podcast: Play in new window | Download (19.1MB)
Subscribe: RSS