Yount - Scorecards - The Key to Accountability

15
©2008 Competitive Solutions, Inc. All Rights Reserved. 1 Scorecards: The Key to Accountability Competitive Solutions, Inc. | 1140 Powers Place | Alpharetta, GA 30004 Toll Free: 800.246.8694 | Phone: 770.667.9071 | Fax: 770.667.9020

description

 

Transcript of Yount - Scorecards - The Key to Accountability

Page 1: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 1

Scorecards: The Key to Accountability

Competitive Solutions, Inc. | 1140 Powers Place | Alpharetta, GA 30004

Toll Free: 800.246.8694 | Phone: 770.667.9071 | Fax: 770.667.9020

Page 2: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 2

Performance Today – Are we winning or losing?

Page 3: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 3

Performance TodayThe CURRENT State of Business Connectivity:

• Every organization is measuring, yet very few people feel connected to the overall business

• Often organizational leaders are feeling overwhelmingly accountable for results, yet struggle with driving the same degree of engagementthroughout the team

• In an attempt to drive engagement and interest, leaders find themselves influencing through their Proximity, Position, and powers of Persuasion

• In the absence of a robust connectivity process, a mindset of dependence and entitlement will prevail

• Metrics currently being tracked often serve as Thermometers, notThermostats – Plastered on bulletin boards and populated by non-stakeholders

• Employees looking to leaders to provide Clarity, Connectivity, and Consistency

• Result: a culture with sporadic focus, faint sense of urgency, and selective engagement driven by the crisis of the moment

Page 4: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 4

Non-Negotiable Connectivity Process

Page 5: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 5

Page 6: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 6

Page 7: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 7

Connectivity ProcessA Business Scorecard System

BUSINESS SCORECARD:A simple and concise tracking tool designed to create a common business languagethroughout an organization.

Page 8: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 8

Connectivity Process• Leadership team creates key business focus areas and a standard format

– No more than 15 goals per scorecard – Performance is color coded, Red/Green – Visually projected in meeting room so that it sets the tone – Is the team winning or losing? Tone should be set within five seconds…

• All lower teams develop tactical scorecards to support the key business focus areas – Shared ownership for populating data

• Business scorecards are reviewed in every team meeting as a standard agenda item

• Team members utilize an action register to address scorecard performance issues – Red = Corrective Action Plan, Additionally 90 days of Green Performance warrants a scorecard metric review – Thermometer to Thermostat application

• Both Scorecards and Action Registers need to be integrated into a single electronic process thereby giving anyone visibility into a team’s performance at anytime.

• Scorecards and action registers audited by the senior leadership team twice per year for alignment and robustness

Page 9: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 9

Consistency ProcessA Business Scorecard System

Page 10: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 10

Page 11: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 11

Consistency ProcessAn Accountability System

ACTION REGISTER:An accountability tooldesigned to documentcritical tasks, ownership responsibilities,and target dates.ARE YOU MOVING THEBUSINESS FORWARD?

ACTION OWNERTARGET

DATECOMPLETION

DATECOMMENTS

Page 12: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 12

Consistency ProcessAn Accountability System

Page 13: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 13

Page 14: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 14

The scorecard needs to be visible to all team membe rs and used as the catalyst of each weekly meeting. Everyone should b e able to see if the team is “winning or losing.”

Communication ProcessCreation of a scorecard driven, business focused co mmunication process that consistently drives urgency and accountability in the organization

Page 15: Yount - Scorecards - The Key to Accountability

©2008 Competitive Solutions, Inc. All Rights Reserved. 15

Join Shane immediately following the session for a book signing of his best selling business novel