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.
Strategic Discipline Blog
Have you considered whether or not your business needs a business coach? Do you have the right structure for Annual and Quarterly Planning? What elements of Strategy or Execution can your business do better to achieve increased results?
I’m on vacation this week so I’m reposting a couple of blogs that contain messages that warrant repeating. Pearson’s Law, originally written 12-15-08, exemplifies the importance of metrics and Positioning Systems Strategic Discipline formula. It’s largely reprinted with a few minor additions. Do you want to see dramatic improvement in your people’s performance? Read further.
Without a priority the Whirlwind wins! Each day you face a myriad of tasks involving your “day job.” Everything you do day-to-day robs you from focusing on the really important things that are important but not urgent.
In our Rockefeller Habits recommend weekly meetings agenda there is a specific time focused on accountabilities. We discussed previously the value of peer pressure in these meetings in Accountability - Three Reasons Group Meetings Produce Better. Check it out to discover the three reasons group meetings do better at accountability.
It’s appropriate to discuss responsibility and accountability immediately after the first week of the NCAA tournament. The most recent report by Challenger, Gray & Christmas, 2014 report indicates employers "stand to lose at least $1.2 billion for every unproductive work hour during the first week of the tournament."
What is preventing your business from growing? Why do only .3% of the nearly 30 Million US businesses every get beyond $10 Million dollars?
How do you measure accountability?
As a leader the biggest kick I received was seeing my people succeed. Years ago while still in the broadcasting field I attended an industry conference in Dallas. There a former sales person approached me and fawned over the training and experience she’d gained working for me. She was now a radio station general manager and doing extremely well for a sizeable radio station group in Minnesota. I was overwhelmed. I had no idea how well she had done, nor would she attribute much of her success to my contribution.