What are Key Performance Indicators? What they should entail? How do you determine which to track? How often if ever you should change them?
Strategic Discipline Blog
Topics: Business Growth, metrics, key performance indicators, Quantification, Qualitative Customer Feedback, Quantitative Customer Feedback, KPI's, Scaling Up Verne Harnish
It may be natural that two of my favorite stories from Good to Great and Great by Choice are two level five leaders who survived cancer, since overcoming Leukemia and going through a Bone Marrow Transplant have been a defining moment in my life. Much of my esteem for Intel’s Andy Grove is written in Great by Choice 10Xer’s Empirical Creativity – Andy Grove Intel. The blog outlines Grove’s approach to his discovery of prostate cancer. Instead of relying on others people for cues on how to proceed, Grove looked for empirical evidence/creativity. Empirical Evidence is one of the three Core Behaviors Collins found Great By Choice 10xers had in common. These behaviors help balance the continuous uncertainty they face, that they cannot control, cannot accurately predict, which are coupled with the significant aspects of the world around them, versus rejecting the idea that these forces outside their control or chance events determine their results; they accept full responsibility for their own fate.
Topics: Great by Choice, Clarity of Purpose, Level 5 Leadership, Level Five Ambition, Andy Grove, Darwin Smith, Clarity
The #1 Key to Successful Managing - Google’s Management Study
Posted by Douglas A Wick on Mon, Jan 5, 2015
Recently Google conducted a management survey on the #1 key to being considered an effective, successful manager in employee’s minds. Gazelle’s coaches have been offering these key insights to our coaching partners to help them improve manager development and the individuals in their teams. What do you think that key attribute or action might be?
Leadership Team Exercise SWOT vs. SWT – Strengths, Weakness & Trends
Posted by Douglas A Wick on Wed, Dec 31, 2014
If you’ve been to the gas station recently you’ve noticed the plunge in gas prices. It’s a trend in recent months and it illustrates and important strategy and planning benchmark that your business should be doing on an annual basis, and possibly more frequently depending how fasting you are growing compared to your industry.
Topics: Business Growth, Annual Plan, leadership, strategy, Strategic Planning, Leadership Team, SWOT, Prediction, SWT, Forecast
Increase Accountability with OKRs – Objectives and Key Results
Posted by Douglas A Wick on Mon, Dec 29, 2014
You’re probably familiar with the term KPI’s or Key Performance Indicators. KPI’s are driven by top-down leadership decisions. These are the Key Performance Indicators for the company based on the Annual, Quarterly and Trimester planning and strategy meetings businesses have to set direction for the business.
Topics: Accountability, employee performance, meeting rhythms, Alignment, precision and specificity
This past week my wife Michelle visited some friends in the St. Petersburg/Tampa Bay area and attended the Packer-Buccaneer game on Sunday.
Topics: positive reinforcement, Give and Take, appreciation, Michelle Wick, Mom, reward and recognition
Topics: Customer Feedback, Business Growth, strategy, Strategic Learning Cycle, Innovation Process
Practical Discipline #3 Where to Put Your Best People: Good To Great
Posted by Douglas A Wick on Thu, Dec 18, 2014
Topics: Good to Great, Business Growth, People, People Decisions, Discipline Plan, Practical Discipline #3
Last Monday when I arrived at my customers business in Concord, CA I was able to observe their daily huddle. It was about ten minutes in length and included about 12 people. They went through the first two agenda items, priorities and metrics, but left out the “where are you stuck” portion of the meeting. It was precise and punctuated with meaningful metrics and priorities from each individual including two who reported from the phone: one who works remotely, another who was stuck in traffic.
Topics: meeting rhythms, Execution, daily huddle, where are you stuck
Have you ever been around a person in love? Women especially can intuitively feel when someone is in love. People in love seem to get along with everyone. They’re happy, cheerful, even charming.
Topics: employee engagement, employee performance, People, human behavior, Relationship Drivers, human behavior performance, superior human relations, Law of Indirect Action, Psychology of Achievement, Brian Tracy