There are lots of tools out there that will take your key performance indicators and show you beautiful KPI charts and graphs. For those of us who love data and feel strongly that having the right information at our fingertips to make informed decisions is critical, this is pretty exciting. Bringing a spreadsheet to life in a powerful visual can really make an impact and help you glean important insights from trends in data over time. That being said, a word of caution—these business intelligence data visualization tools are cool, but they are missing some pretty key pieces of the puzzle—especially when trying to execute your strategic initiatives.
90,000 hours—that’s how long an average person spends at work over the course of a lifetime, according to a study cited in Business Insider. 90,000 hours! And that may be on the conservative side; a more recent study I saw said we spend 13 years and 2 months of our lives at work. That’s over 115,000 hours. Most likely, the only activity you’ll spend more time on in your lifetime is sleeping (or trying to sleep).
Have you ever wondered just what is going on in your business, how well things are going, and why? How can you know for sure that your people and teams are focused and aligned to achieve your long-term growth strategies and goals? How can you ensure you are doing the right things to attract the best talent and keep them happy in your company so they won’t leave you? These are all questions that an Enterprise Business Execution Platform can help you answer.
I recently wrote about how leadership is a balancing act. The more I think about it, life is a balancing act. We are all faced with competing priorities and a million things vying for our attention in any given moment. Most of us spend the majority of our waking hours at work, and with the time we are supposed to be enjoying our life outside of work, many of us spend it working, too—whether continuing our work from the office (since we have little separation now in the digital age) or doing various forms of domestic work.
Your business is experiencing strong growth – now what? Double-digit growth brings with it a host of new challenges, particularly how to effectively scale as you grow without imploding. Often growth and scaling are used interchangeably, but scaling means growing your revenue faster than your costs - IE profitable growth.
I had the opportunity in my early thirties to work for a very fast growth company. I remember hearing the founder say, "We can be as big as we want to be and grow as fast as we want to." I felt like I was riding the biggest wave you could imagine and what a thrill it was!
How an employee moves through the ranks and advances in a company usually starts with them being an exceptional entry-level employee. The manager recognizes the talent, the perseverance, the alignment to core values, and develops that employee towards a promotion. This employee continues to dazzle — they hit all of their KPIs and grow revenue by leaps and bounds. They reach their targets each quarter. They’ve earned a promotion to Senior Employee.
Innovation comes in all shapes and sizes - some big improvements for your business can be born from small, incremental changes. It can be tempting to think of innovation as that mountain-top revelation or the lighting bolt idea. While glamorous, this vision of breakthrough improvements is misleading—most innovation comes from incremental improvement on ideas over time with continual process improvement . Cultivating a culture where every person is empowered to improve the processes, systems and tools they use to get work done can make a tremendous impact.
My Dad was a chemist working on, among other things, the Proctor and Gamble team that brought Cascade to the market. It was a fun childhood for me because my dad was always tinkering or experimenting with something. I remember one experiment in particular that was assigned to me on a hot summer morning. It was one of those bright, already hot at 9:30 am days. My dad sent me out of the house with directions, a magnifying glass, some old newspapers and a stopwatch.
Successful companies have too much to do. New opportunities come about, and it is hard to say "No." But
Change is accelerating, competition is stiff, and employee engagement is measurably low. How can you possibly make headway in a growing company in this environment? How can you cope with the multitude of internal and external information and distractions that are competing for your mind space and energy? As I slowed down to think about the answer, I realized that an expert in removing life clutter could help with the foundation of my question.