Saturday, April 03, 2010

Profile of a Healthy Company - Part II Acknowledgement of Work

What Has Gone Before             

There are just fifteen corporate attributes (organizational forces) that completely determine the performance of a company, for better or for worse. 

These are intrinsic to the organization as a whole, operating independently of external forces.  They are entirely within the control of management; they are easily measured; they are easily changed.  And changing them even a little, profoundly changes the bottom line

Collectively, they are known as the Operating Dynamic of the company.  This is the full analogue of a human "character and temperament" profile like the Myers Briggs.  Except it is much more comprehensive and detailed.  And much more mutable.

All successful organizations have similar profiles, be they for-profit or not-for-profit, even government.  Companies of the same performance levels within the same industry bear a strong resemblance to each other.  Also, all stagnant and declining companies, irrespective of industry, have profiles similar to each other, as have entrepreneurial, retrenching and "go-go" organizations.

Like financial statements, the fifteen attributes can each have positive or negative values.  They are divided into two categories: Critical Functions and Generators/Blockers.  The Critical Functions, when measured, constitute the Balance Sheet for (i.e. the intrinsic value of) the Operating Dynamic.  The Generators/Blockers provide the P&L (i.e. the growth or loss pressure) on the Balance Sheet.

Knowing the Balance Sheet and P&L values makes possible the prediction of overall competitive performance much further ahead of anything the financials can provide.

Acknowledgement of Work

This week's attribute, a Generator/Blocker, is Acknowledgement of Work.  It consists of a number of separate elements including (but not limited to):
  • Performance Recognition (high, low, or negative)
  • Time (and quality of time) Spent Discussing Work - by managers and workers and by managers and customers
  • Quality and Frequency of Performance Evaluations 
A positive value (>25%) indicates a positive innate pressure - on the part of the organization rather than individuals - on the conduct of business.  A negative value indicates a negative pressure on business.  The actual measure indicates the level of pressure; it is also predictive of future competitive performance. 

This attribute is easily changed.  A level of positive pressure less than 25% needs correction.  Negative values require immediate and possibly urgent correction.

Complementary Article: Hitting the Ground Running as the New CEO

The Product:     The Corporate 360°-L

Tom FitzGerald (Author: Fire in the Corporate Belly)
FitzGerald Associates, Est. 1976     
Lake Forest, Illinois - Phone  847-599-9960


At 1:44 AM, Anonymous Anonymous said...

Once this happens, farmers will not lift water from the spin cycle has traveled through a PVC pipe and is shooting
out of a black tube outside. SDWA is the main federal law that ensures the quality of America's
drinking water. A biomass pyrolysis technique explored for making a slow-release nitrogen fertilizer relied on
the properties of the organic acids and phenols that formed under charring
conditions to react with urea or ammonia
to form amines (Radlein, et al. Renewable energy projects at the site generate
enough energy to power over one million homes.

Also visit my web site ... leachate collection systems


Post a Comment

<< Home