| |
Accountability Quotient (AQ) Driving meaningful accountability is one the hardest challenges CEOs face everyday. Accountability is the difference between success and failure. How do you measure accountability? Take this following questionnaire:
- Have you ceremonially fired someone because of their “conscious incompetence”? <YES> / <NO>
- Have you tied over 50% of the compensation of your leadership team to tangible measures such as ROGI (return or gross investment) or Customer Profitability? <YES> / <NO>
- Does at least 50% of your board (or board of advisors) have the experience of leading a transformation you want the organization to go through? <YES> / <NO>
- Can 80% of your organization clearly in less than 100 words describe your business model? <YES> / <NO>
- Can all key managers in their current jobs do functions that are 2 levels below them? <YES> / <NO>
If you answered yes to three or more of the above then you have a high AQ. If not, you are compromising your ability to grow.
At Forward Hindsight we drive accountability at all levels and that includes our client work. Here is how we help our clients instill accountability:
Strategic Alignment
Linking day-to-day work to overall strategic intent is critical. We help our clients develop a Business Case that has tangible results. This Business Case is then tied to individual performance.
Functional Relevance
High Accountability Quotient is needed to breakdown functional silos. We have developed deep expertise around behaviors and cultural levers in functional areas such as IT, HR, Marketing, Supply Chain, Product Development, Customer Service and Finance.
2 Week Cycles
Breaking critical projects or initiatives in 2 week intervals forces leaders to be accountable for their actions and behaviors. We have developed program templates that helps clients manage large transformations in smaller chunks with a high degree of accountability.
|
|