The Team Performance Indicator is an accurate and tangible assessment tool that explains team effectiveness for success. Measuring the key dimensions of leadership, synergy, and alignment to benchmark your team’s present performance and puts a simple and clear foundation for making the best decisions for improvement.
Answer:
Execution is the number one challenge for leaders and organizations. Despite inspirational visions and cascading strategic plans, getting things done remains a critical block to organizational performance causing even the best businesses to miss more than one third of their potential performance.
People are the business differentiator. The single greatest factor responsible for success or failure in execution is people. It is crucial that teams work effectively together.
A recent study by the Center for Creative Leadership revealed that 60% of all senior teams did not think or act strategically. Where does your team stand?
There is a new normal. Capital and equipment used to be the drivers of organizational strategy – people rule now and businesses today are subject to a tightening vise.
- Customers have much higher expectations – the internet has changed everything in that our customers now are more informed and demand more value in turn.
- Competition is much greater and organizations constantly need to increase the value they provide to customers to avoid commoditization and irrelevance.
- The pace of innovation is much faster to keep ahead of the curve – we have to think not only of how customers use our products and services now but how will they need to use them in the future
- With the increasing global interconnection, the complexity of the variables facing business is much greater – analysis can no longer be linear, it needs to be branched.
Leaders and organizations need to think, plan, and act strategically to be competitive. Yet, research shows that 37% of strategies fail completely. Our research reveals that organizations rate their leaders as a 69% (a C+) in terms of strategic effectiveness.
Can a C+ maintain competitiveness?
What we are seeing in business today would say no.
- Results are not being generated as expected – turnover at the executive level is increasing at a faster rate than any other position in the organization
- Workforce turnover is increasing – up 22% in the past four years alone
- Customer loyalty is declining
- Profitability is declining – organizations are capturing 63% of the potential financial performance of their strategies
Leadership matters!