Management Process: The fourth of four key success drivers

For an organization that embraces ValueGroove, there are four key drivers of organizational success: Culture, People, Strategy and Management Process.  In this entry we will briefly review the essential elements of the ValueGroove Management Process.

ValueGroove Management Process—the big idea: Establish a reasonably disciplined, simple execution process, including clear goals and milestones, with regular feedback loops to drive learning.

What to do

• Commit to establishing and using a true management process—even when the building is on fire.

Results

• Everyone in the company will become more proactive, and will spend less of his or her time putting out fires or engaged in rework.
• Learning and innovation will be accelerated.
• You will be more successful in hitting this year’s targets, while simultaneously establishing the foundation for success in future years (through Asset Goals and plans).
• High priority goals will be identified, with clear accountability by individual goal-owners for each goal.
• Early warning of missed milestones will allow the team to adjust as necessary.

Tools

• ValueGroove Handbook
• VMPgoals cloud-based software

Failure patterns

• Occasionally establishing a strategy and goals, but then not executing on them with a sustainable process.  (The annual off-site trap). 
• Having goals and milestones for financial targets only, while ignoring the key value drivers that lead to sustainable financial excellence. 

Learn more about ValueGroove Business Coaching and the ValueGroove Management Process. Google+