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Business Performance Assessment Program Best Practice 1 – Executive Sponsorship

StrategyDriven Business Performance Assessment Program Best PracticeThere tends to exist a perception that companies are generally open to the identification and resolution of problems; that resources will be applied to solve issues if the gains expected can be shown to outweigh the costs. Reality is frequently different. Priority setting driven by limited resources and at times less visible agendas often precludes an organization from addressing small tactical issues and large global initiatives.


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About the Author

Nathan Ives, StrategyDriven Principal is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.

Strategic Planning – Why Do Organizations Need Strategic Planning

Do you know of an organization that performs extremely well during a crisis? Maybe your own?

StrategyDriven Strategic Planning PrincipleOrganizations do well during times of crisis because executives, managers, and individual contributors all gain clarity of purpose, expectation, and action. Clarity, along with a sense of urgency, breaks down organizational barriers allowing people to work efficiently together toward achievement of the shared goal(s). These factors enable the organization to resolve the crisis quickly and return to normal operations.


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About the Author

Nathan Ives, StrategyDriven Principal is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.

Resource Management Warning Flag 2 – Parkinson’s Law

StrategyDriven Resource Management Warning Flag“Work expands so as to fill the time available for its completion.”

Parkinson’s Law
Wikipedia

There exists a tendency among workers to use all of the time allotted to perform a task even if the work can be done in a shorter period of time. Some organizations, through high accountability and managerial engagement, minimize the amount of lost time caused by unnecessary work expansion. In other organizations, however, a lack of managerial oversight and reinforcement of high performance standards allows the Thieves of Time to rob the organization of precious productivity.


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Additional Information

The following StrategyDriven recommended best practices are designed to promote high, performance-based activity time estimates:

Additional Resources

StrategyDriven Contributors recommend the following resource as a guide to the common methods used to estimate resource needs for an activity or project:

A Guide to the Project Management Body of Knowledge, Third Edition
by the Project Management Institute


About the Author

Nathan Ives, StrategyDriven Principal is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.

Recommended Resource – The World Is Flat: A Brief History of the Twenty-First Century

The World Is Flat [Updated and Expanded]: A Brief History of the Twenty-first Century
by Thomas L. Friedman

About the Reference

The World Is Flat [Updated and Expanded]: A Brief History of the Twenty-first Century by Thomas L. Friedman examines the social, political, and technological forces that are bringing the peoples of our world closer together. Within its pages, Mr. Friedman illustrates how the flattening of the world is creating an increasingly interconnected business environment where businesses large and small as well as knowledge workers from the United States to India will compete in the global marketplace.

Benefits of Using this Reference

Globalization of the marketplace presents new opportunities and new challenges to businesses of all sizes and people of all countries. As the speed of communication and transportation increases, so does the ability of a company or a person to deliver products and services anywhere in the world. With billions of highly educated and motivated people entering the marketplace from India and China, competition is increasing exponentially.

While many of us sensed the flattening of the world, The World Is Flat expertly illustrates what and how these forces are shaping our environment. StrategyDriven contributors believe executives and managers armed with this insight will be better able to take advantage of existing flat world opportunities and envision and leverage future changes; enabling their organizations to remain competitive in the ever flattening world.

Organizational Accountability – Increase Opportunities with Accountability

StrategyDriven Organizational Accountability PrincipleEvery day, executives and managers are presented with opportunities to enhance their organization’s success. Frequently, these opportunities go unrecognized, unexplored, or unexploited because the organization is not prepared for them. Certainly, some opportunities are beyond an organization’s reach because of resource limitations. However, ensuring the organization possesses key attributes will better enable it to take advantage of those opportunities for which it has the resources and that are consistent and aligned with its mission. These attributes include:


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About the Author

Nathan Ives, StrategyDriven Principal is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.