Get on it or get lost in it.
It is so easy for both the managers and the whole organization to get flooded by a huge number of operational issues, KPI’s and control mechanisms. The core managerial process, however, is to make the right decisions. It is therefore necessary to identify the key decisions leading to success. In this way, bureaucracy can be maintained at a healthy level, and the management team and its members can focus on a meaningful, decision-oriented management agenda. How can this core be found?
As a starter, we propose you to ask the following questions and let your feelings drive your response:
1. Health – are we still in shape and on the track?
2. Profit – do we make decisions in the right way?
3. Growth – can we find and select the best ideas?
4. Appeal – do we attract the whole market?
5. Culture – are we strong as a team?
Here, we like to go deeper into the core business performance and study whether the organization is enabled to maximize it. We can utilize simple tools for identifying decisions that influence performance in short, medium or long term. These findings will help you sharpen the managerial focus. At the same time, you can find pain points where the time and effort of the organization are wasted on meaningless controls.
We definitely do not see profit and purpose as each other’s enemies. Quite on contrary, we see them as each other’s best friends. Basically every decision should take also the financial equation to the right direction, whether the decision is made by the CEO or an expert serving the customer. This is why we usually prefer to start our assignments with this enabling sector that we call the Core.