July 12

Build a culture that supports strategy implementation

by Torben Rick No Comments
Categories: Business Improvement
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To right an organization headed for trouble, you need to build a culture that supports strategy implementation. Give employees a reason to care about your customers, their colleagues, and about how to do business right in a world that rewards cutting corners and compromising values. During a turnaround, don’t focus exclusively on distinguishing yourself from [...]

May 15

Executing strategic initiatives

by Torben Rick No Comments
Categories: Strategy
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Only 30 percent of strategic initiatives are successfully executed. Of those that are, most CEOs view the process as too slow. Start by understanding the barriers to execution: Employees don’t grasp where an initiative is going. They don’t adopt new behaviors. They’re not committed to working together to achieve results. Most leaders try to speed [...]

February 18

Improving performance through transparency

by Torben Rick 1 Comment
Categories: Performance Management
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Transparency is a popular buzz word on Wall Street these days, and many investors are demanding it. However, transparency doesn’t only serve outsiders trying to understand the strengths and weaknesses of your company, transparency can play a valuable role inside the company walls, as well. By sharing numbers with employees, not just executives, you can [...]

November 26

How to explain employee engagement

by Torben Rick 2 Comments
Categories: Performance Management
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Top-performing organizations understand that employee engagement is a force that drives performance outcomes. In the best organizations, engagement is more than a human resources initiative – it is a strategic foundation for the way they do business. Engaged employees are more productive, more profitable, more customer-focused, safer, and more likely to withstand temptations to leave. [...]