more-arw search

Mark Rome

CFO

Empower2adapt

E2a provides decision-support tools to constantly align People – Process - Projects - Infrastructure with corporate strategy and goals to optimize outcomes.

Within every organization, decision making drives performance. Every employee comes to work every day and makes decisions that impact performance. These decisions, at every level of the organization, define the corporate culture, and drive performance.

Within many organizations, human capital is woefully underutilized. By empowering and engaging employees effectively, leadership can capitalize on more opportunities to innovate and drive performance improvements.

The challenge for leadership is to design and implement a framework that effectively empowers and engages employees at every level of the organization to make event-based decisions in a timely manner. Such a framework might look like:

1) Effective policy management (online policy library)
2) Ongoing assessments (people, process, systems & technology)
3) Performance Scorecards (hard & soft metrics)
4) Event management and reporting (Failure Modes and Effects Analysis)
5) Annual certificates to a Code of Conduct (reinforce values)
6) Enterprise data analytics (talent & workforce analytics)

With an empowered and engaged workforce, leadership can now follow a ten (10) step process to execute strategy:

Step 1: Visualize the strategy.
Step 2: Communicate strategy.
Step 3: Identify strategic projects.
Step 4: Align projects with strategy.
Step 5: Align individual roles and provide incentives.
Step 6: Manage projects.
Step 7: Make decisions aligned with strategy.
Step 8: Measure the strategy.
Step 9: Report progress.
Step 10: Reward performance.

An essential role of leadership must be to acquire data on how well individual roles align with corporate goals and strategy, and design incentives that encourage and reward performance, while enforcing compliance will applicable laws, rules and regulations.

There are more great business ideas out there than great businesses. The difference is in the people, the execution and the timing.