Deliberately reviewing personal performance – on a regular basis – and reflecting on things that went well and should be repeated, things that should not be repeated and things that should be done differently in future is an established method of improving performance. This blog uses Steven Covey’s approach to segment important and urgent activities and provides a practical example of using reflection across a week of business and sporting activity.
Increasingly aired doubts over the effectiveness of annual performance appraisals and the evolution of business simulations software leads me to a perspective that enterprises have new avenues to align individual discretionary behaviour and enterprise needs.
The recent announcements that annual appraisals will no longer form part of the performance management processes at Accenture and Deloitte came as a surprise to some. GE’s decision to end forced rankings, another stalwart of traditional HR practice, similarly shocked some. This blog outlines five reasons for giving consideration to extending the sunset of annual performance appraisals to your enterprise and a number of practical steps for an alternative to annual appraisals.
“Marginal gains means looking at all the things we do, and never assuming we couldn’t do them better.” Dave Brailsford.
Enterprises that have continuous improvement in their DNA, as opposed to a we have always done it this way mentality, have a foundation for improving their competitiveness. Too few senior executives devote material effort to sponsoring improvement initiatives.
Strattomics: Climbing to your next business Peak without attending Business School – Raising Agility, promotes broader thinking about the future of an enterprise S curves are used to identify the “As Is” in terms of its position on the growth journey & the distinctiveness of its capabilities. External factors such as Buyers, sellers, new entrants, the threat of substitute products, the impact of complementary products, regulation and overall competitive rivalry are consider before the 7S is used to help broaden thinking about the overall enterprise (with a particular focus on values.) As a means of reducing the risk of “unintended consequences” the use of the “future wheel” technique is recommended. The agility discussion closes with consideration of adaptive planning and rolling forecasts as means of preventing the planning process becoming a barrier to change.
Enterprises need to develop a broader understanding of the spectrum of stakeholders in their enterprise and the expectations these stakeholders have for the enterprise. This includes broader society and necessitates Business looking at how it contributes (positively and negatively) to society at large. I encourage all Leaders to develop a simple annual plan of activities to secure and then optimise dialogues with the full spectrum of their stakeholders. The objective being that Stakeholder Engagement improves year on year resulting in greater understanding of the enterprise amongst stakeholders improved commitment to the company’s strategic agenda.
“The competitive heat has been turned up by new technology. But cool heads are still needed when dealing with disrupters.” The Economist 11 January 2014 Flourishing enterprises excel at their current activities, spot changes in their operating environment early, develop the agility needed to embrace new threats and opportunities […]
Raising Employee Commitment – The Business Case & Practical Actions for improving the engagement of your people
The Business Case for actions to improve employee commitment, engagement and discretionary behaviour is strong. This Blog includes 5 dimensions that can be used to help understand your employees and their contribution and create a foundation for tuning interventions to optimise their effectiveness.
Is your management team being adequately refreshed with new skills and competency to replace those that are burnt up or no longer relevant in our ever more agile world? Is you management team sustainable? Efficienarta can help individuals and enterprises develop a greater focus on developing talent so that opportunities are responded to more effectively, a stronger pool of next generation leaders are developed and a more sustainable enterprise created.
The proliferation of eLearning offerings can sometimes appear to be “technology in search of a problem”, whilst the massive amount of intellectual content, “How To Guides” etc. available on the net can present major challenges for the learner. A learning guide or eFacilitator can be a key to […]