“Your mission, should you choose to accept it.” It’s been nearly 25 years but I still vividly remember those words from the television show Mission Impossible. At the time, I didn’t realize it was a remake of the original show which aired 25 years before that. I also didn’t realize the two series might have…
A little more than six months ago, I took a new role with a group that was described as in need of a “turn-around” and an “updated strategy and direction”. I was urged to introduce a new mission/vision, strategic objectives, and revised key performance indicators. Given my performance management background, this seemed like a reasonable…
I’m not sure how it happened, but one morning I woke up and “alignment” had turned into a dirty word treated with the same disdain as other corporate buzzwords such as synergy, paradigm shift, and collaboration. I hear executives going out of their way to disparage the word. Alignment is much maligned. Given that this…
One last parting shot on MBOs and the proliferation of goals: Note to all vendors of software packages that support goal tracking (including my employer): It’s only a joke. I do know that there’s value in using technology to solve these problems.
As Balanced Scorecard practitioners know, Kaplan and Norton recommend five principles for strategy focused organizations: translate the strategy to operational terms; align the organization to the strategy; make strategy everyone’s everyday job; make strategy a continual process; and mobilize leadership for change. The City of Charlotte, NC applied these principles to become a Balanced Scorecard…
Readers of this blog will know I have a deep affinity for a portion of Performance Management that has come to be known as Strategy Management. The most obvious explanation for my passion is the fact I ran a company often cited as pushing the envelope in strategy management. However, I’ve also always felt the…
Should you love or fear the boss? In a Harvard Business Review article entitled Love and Fear and the Modern Boss, Scott Snook writes: Five hundred years ago, Niccolò Machiavelli posed the question of whether it is better for a leader to be loved or feared, concluding that if you can’t be both (and few…
Does the following resonate with you? “It seems that everywhere you turn, people are talking about performance management; vendors, consultants, press, public sector and commercial organizations alike. Amidst the buzz however, one troubling trend is beginning to emerge. Many performance management projects have languished, burdened by unrealistic expectations, delayed schedules, and intangible benefits. Performance management…
I often use a honeycomb as a metaphor for a connected and aligned organization. In Performance Alignment: Cascading Strategy, I defined cascading as a formal method for achieving alignment by explicitly connecting strategy to operations to tactics. When cascading works well, every individual understands how his/her objectives supports the corporate objectives. I frequently get asked how…
By now, most of us have read about organizations that attempted to improve their performance by deploying dashboards populated with financial and operational metrics only to discover that managing by numbers alone didn’t improve their performance. Instead, organizations must go beyond keeping score to ensure that everyone has a common understanding of both what they are trying…