In order to plan and look forward in a meaningful
way, we need to first look back, appreciating the things we do well. It
is those things that we excel at that gives us a strategy for a bright
future. In a rapidly changing world, traditional approaches to planning
often don't work. We assess strengths, weaknesses, opportunities, and
threats, developing strategies to address a multitude of issues, only to
have wasted resources and time trying to address issues that are
difficult to control. Instead of this long exercise in planning, we need
a much more rapid and direct approach to getting the organization and
its people mobilized for the future. When we focus on the “positive”
things that we do well, not only do we galvanize our resources better,
but we also energize our people around things that they can accomplish.
This simple and powerful approach to planning and change management is
called Appreciative Inquiry.
A collection of best practice articles to help grow companies with an emphasis on finance. The goal of the blog is to explain how these best practices work, enabling anyone to put these ideas to immediate use. Articles are written by Matt H. Evans, CPA, CMA, CFM
Monday, August 24, 2015
Tuesday, August 11, 2015
Everyone Should Have a Dashboard
Distinguishing
high and low performance often requires a common set of metrics. Applying
standard metrics across different positions can drive exceptionally high levels
of performance across a company. This is often found in the world of sports.
Examples include a baseball pitcher’s ERA (Earned Run Average), a football
quarterback’s passer rating (QPR), or the average per game metrics applied to
basketball players – Points per Game, Rebounds per Game, Assists per Game,
Steals per Game and Blocks per Game. This standard framework binds the company,
allowing managers to quickly size up individual players and identifying those
who need coaching.
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