Wednesday, January 8, 2020

The Monthly “Performance Master” Book Tuning: Enforce Performance Accountability Jan. 2020

It takes multifaceted approaches from multidimensional perspectives to unlock digital performance and catalyze change.

Corporate Performance Management is a management control from strategy to the shop floor. "If you can't measure, you can't manage," legendary management guru Peter Drucker once asserted. Managing performance means understanding results, setting metrics, fixing plans, and making decisions to ensure it happens. It takes multifaceted approaches from multidimensional perspectives to unlock digital performance and catalyze change.

  

        Enforce Performance Accountability

How to Enforce Performance Accountability Digital transformation is all about shaping highly performing and highly innovative organizations (Digital Master) to improve efficiency & effectiveness; agility and maturity. In detail, how do you drive workforce performance, whilst generating accountability for that performance?

Running High-Performance Digital Organization with High Accountability The digital transformation is now spreading rapidly to enable organizations of all shapes and sizes to reinvent themselves. It blurs the geographical, functional, organizational, and even industrial borders nowadays. Traditional hierarchical lines will phase out and a collective of business partners will emerge working collaboratively to set digital strategy and achieve organizational goals collaboratively. Digital organizations inspire learning and encourage autonomy. It is important to run a high-performance business with shared accountability or collective accountability that involves shared ownership, empathetic communication, and continuous improvement.

Digital Reinforcement Management Practices Many organizations are on the journey of digital transformation which represents the next stage of business maturity and will improve how the enterprise works and interacts with its digital ecosystem, with people at the center of its focus. However, every business evolves digital at varying speeds. There are stresses in business leadership because organizations must respond to continuous digital disruptions and the increasing pace of changes proactively. Businesses need to become more adaptive, innovative and resilient. Here are three digital reinforcement management practices they should take in order to get digital ready psychologically, technologically, sociologically.

Three “A” Characteristics in Running Digital Organization Digital transformation is “pushed” by both visible forces and invisible forces, hard forces and soft forces from multiple directions. The digital transformation is now spreading rapidly to enable organizations of all shapes and sizes to reinvent themselves. The organization should leverage the latest digital technology platforms and tools, keep tuning its structure, process, and people, to become more digital-ready -be adaptable, living, innovative, and people-centric. Here are three “A” characteristics in running the digital organization.

Bridging the Gaps of Accountability Digital transformation is all about shaping highly performing and highly innovative organizations. Lack of accountability is often one of the biggest obstacles to getting things done, or cause change inertia. Because people don’t feel “safe,” or run away from accountability because they had a personal experience or they have observed others being treated poorly or unfairly when being held accountable for results. So, how to bridge the accountability gaps and improve the business manageability to encourage responsible communication, decision-making, and action, with the intention to build on morale and real productivity? In detail, how do you drive workforce performance, whilst bridging gaps, and generating accountability for that performance?

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