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Simply "making the numbers" is no longer enough to remain competitive. In today's high-pressure environment, organizations need to overachieve. That level of success requires a clear and objective view of the business--because even the most courageous leader can't steer a ship in the dark.
Is the enterprise Agile? Resilient? Vulnerable? Or Lagging? The Scorecard Solution provides the answer. The book introduces a data-centric tool--the Organizational Prowess Scorecard(TM)--that precisely measures the capabilities needed for sustainable growth. Analyzing the dimensions of talent, strategy, and execution produces a baseline score, and shines a light on the performance gaps that hold a business back. With the facts in hand, readers then learn how to:
Position the organization to meet ambitious goals - Bring strategies to life through an execution framework - Design a dashboard to track progress and flag problems - Foster a winning culture - And more
Organizations that maintain the status quo will be left in the dust. The Scorecard Solution helps companies chart a course for rapid change--and outperform the competition every time.
- Sales Rank: #468720 in Books
- Published on: 2015-01-14
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x 6.25" w x 1.00" l, .0 pounds
- Binding: Hardcover
- 288 pages
Review
“This book has a very simple but practical approach to address a complex topic of strategic alignment of your plans, execution, and people.” --PM World Journal
“…useful tool for leaders who want to shine a light into all the corners of their business, identify weakness, and try to counteract it.” --MindTools
“…must-have tool for executives who want to get an unvarnished, unemotional view of what is really happening in their company.” –PM World Journal
“…arm[s] businesses with a set of measurements that will tell them the truth, useful truth, and nothing else, in the pursuit of better performance and strong results.” --Accounting Today
From the Inside Flap
How can you address the most crucial issues in your organization when you don't know what they are? As a leader, if you don't have access to current, comprehensive data about your company's true capabilities and limitations, you'll find yourself making important investment decisions based merely on opinion, anecdotes, and partial facts. The reality is, leaders rely on what they are told by subordinates. Yet even the most approachable leader doesn't get the complete story regarding the health of the enterprise when relying on verbal updates from those who want to look good in the eyes of the boss.
Based on extensive research and implementation at large and small companies, The Scorecard Solution provides you with a practical tool for maintaining a crystal-clear view of your business that will enable better decision making, no matter what challenges you face. Introducing the Organizational Prowess Scorecard™, this book clears a path for discovering the unvarnished, unemotional facts about what is really happening in the corners of your company that you can't see every day.
Reflecting four levels of organizational competence and built on a scale from 10 to 100, the scorecard provides a benchmark and enables you to determine objectively whether your organization is:
* Agile (80--100 points)--with an enviable speed to market, a culture of innovation, and a habit of exceeding financial targets . . .
* Resilient (60--79 points)--typically achieving the revenue target, but with imperfect capabilities that make stretch goals impossible to attain, and overachievement elusive . . .
* Vulnerable (30--59 points)--regularly missing financial targets, suffering from talent erosion, and exhibiting minimal innovation . . .
* Lagging (10--29 points)--with a passionless culture, lack of innovation . . . and the organization's very survival in doubt.
You'll learn how to use the Scorecard to examine every facet of your organization in depth, and shine a light on the performance gaps that are holding your business back. The book provides you with the guidance you need to create your action plan for strengthening essential capabilities based around three major components: Strategy Planning (what are you going to work on?); Execution Framework (how do you get it done?); and Talent (who will do the work?). Armed with the confidence to act, you'll identify precisely where your organization's weaknesses lie and what is required to counteract them.
In today's highly competitive environment, average performance is not good enough. The Scorecard Solution gives you the tools you need to start overachieving . . . year after year. Sustainable growth becomes a reality and competitive advantage is assured.
DAN E. KING is Founding Principal of CloseReach Consulting, through which he has developed and used his proprietary Organizational Prowess model to help senior management teams create strategic clarity and execute with speed and precision. Prior to CloseReach, his 30 years of business experience included senior-level corporate roles in consumer service enterprises and leading a consulting firm focused on midmarket business transformation. He lives in Atlanta, Georgia.
From the Back Cover
Advance Praise for The Scorecard Solution
"The Scorecard Solution does a superb job of capturing what it takes to grow a business. Too often, companies grasp at the latest fad in order to gain market share. This book demonstrates, through great case studies, how the alignment of strategy, execution, and talent leads to a sustainable competitive advantage. No fads, just proven methodology. The Organizational Prowess Scorecard is one of the most pragmatic measurement tools I have ever seen when it comes to diagnosing weak areas in a business. A great read with easily adopted principles." -- Steve Ely, CEO, eCredable
"King has tapped into the experiences of his long career as an operations leader and executive to provide the book we have been waiting for: The Scorecard Solution. He wrote this gem from the perspective he has gained as not only the guy who developed the strategy, but also the one tasked with executing the strategy--in a hyper-growth environment. The result is a book you will want to read, read again and share with every leader in your organization." -- Randy Hain, Managing Partner, Bell Oaks Executive Search, and author of Something More: The Professional's Pursuit of a Meaningful Life
"King's experience in business transformation and hyper-growth environments brings a level of credibility to his writing that is refreshing. The pragmatic and straightforward approach, supported by case studies, helps the reader understand what derails growth and what it takes for leadership teams to build the requisite capabilities to outperform their peer group." -- Larry Mohl, CEO, Jamstir, Inc., and Founding Principal of Performance Inspired, Inc., coauthor of Wall Street Journal bestseller Networking is Dead
"Effective leaders constantly search for a competitive edge and an innovative path to improve their team's odds of winning. This book lays out a practical and simple framework for improving the soundness and pace of your decisions and sharpening your organization's strategy. Just about every page has something worth underlining." -- Jeff Hughes, President/CEO, BizLab
Most helpful customer reviews
0 of 0 people found the following review helpful.
Finally its about time
By Daniel B. Beaulieu
It’s about time for a book on this subject
Many years ago I learned the adage that goes “it you can measure it you can improve it” and I have tried to live by that for many years. I have done my best to come up with charts and graphs and dash boards and daily, weekly, monthly and yearly reports to help me do that measuring. Some of them worked and well some of them didn’t but I kept on trying. I just wished I’d had Dan King’s fine book all those years ago.
This is the one book on the subject that really hits home. The “scorecards he has developed are right on the money. The playbook he shows the reader how to develop is the most effective demonstration of measuring and modeling that I have seen.
“The truth unveiled by the scorecard translates into great power for s leader. Simply knowing where the business resides on the organizational Prowess scale will give you confidence to act. You’ll also know what to act on and how to prioritize your actions.”
The scale King is referring to is the scale he developed that when measured properly reflects the four levels of organizational competence:
Agile: 80 to 100 points - Your Company has the enviable speed to market, a culture of innovation, and exceeds financial targets.
Resilient: 60 to 70 points - Your Company typically achieves the revenue target but overachievement is elusive. Existing capabilities make stretch goals impossible.
Vulnerable: 30 to 59 points – Your Company regularly misses financial targets, suffers talent erosion, and has minimal innovation.
Lagging: 10 to 29 points – Your Company has a passionless culture and doesn’t innovate. Without changing its survival is in doubt.
Then by evaluating the parameters, the company characteristics reflected by these scores you will have your improvement roadmap. You will know what areas to work on and what priority on which to work on them.
Mr. King then goes on to describe in clear and concise detail how to improve the company through measurement if it needs improving and how to sustain your performance if you are at the top of the scale.
He program is particularly effective when he describes how to develop the improvement implementation team, and how to motivate and lead that team to a successful future.
Speaking of the future this is a definitely a book of the future. The good news is that it is available right now.
0 of 0 people found the following review helpful.
I would rank this one among the very best. Although all of the appropriate technical perspectives are ...
By Chace Anderson
I have read a number of books on strategy and leadership. I would rank this one among the very best. Although all of the appropriate technical perspectives are included in the text, it is written for practitioners in a way that is understandable and applicable to any type of enterprise. As a public school superintendent, I appreciate the many applications that can be drawn from "The Scorecard Solution" and applied within an academic setting. I would highly recommend it for any school official seeking greater clarity and accountability for lead and lag indicator results. In our industry, we don't measure success by bottom line financial profits. Our equivalent is bottom line student achievement. Specifically, in our school district, our strategy is to ensure high achievement in the foundational years for each and every student, to personalize the learning experience for all students and to ensure the health and well-being for each student. "The Scorecard Solution" will be of great assistance to our school system as we continue down this journey of determining our most important and helpful lead indicators, measuring our successes and shortcomings and using the new found data to help us achieve our most important key lag indicators. This book is very well written and a helpful guide to any leader regardless of their organization's mission.
0 of 0 people found the following review helpful.
Dan King provides a means on how to measure the success of a strategy to help any business or executive achieve their vision.
By Grant A. McGarry
The Scorecard Solution is a great read for anyone that is a business owner, in strategy or in operations. Dan King provides a means on how to measure the success of a strategy to help any business or executive achieve their vision.
See all 4 customer reviews...
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