| Bill Carpitella |
All businesses have 80 principal organizational competencies that should be reviewed as to strength or weakness. These competencies are the work of years of research in multiple industries. The more compelling competencies include laying out clear accountabilities and consequences for everyone in the organization, using corporate culture as a tool for being more competitive, and organizing the business around customer requirements.
Once you determine your performance in these 80 competencies, you can determine which ones are critical for future business performance. The gap between poor performance in competencies today and the importance of those competencies tomorrow should be the focus of your strategic initiatives.
From this process, all compensation, performance standards, career paths, succession planning, promotion criteria and recruitment criteria are determined. Your employees will be focused and laserlike in their execution to move your business forward and support your vision, and they can be rewarded for that behavior. Everybody wins.
Bill Carpitella can be contacted at bill@sharrowgroup.com.
Advertisement
Related Stories
Hamlet Homes' Mike Brodsky on Finding Successors and Letting Go
A transition that involved a national executive search, an employee buyout, and Builder 20 group mentorship to save the deal
Time-Machine Lessons
We ask custom builders: If you could redo your first house or revisit the first years of running your business, what would you do differently?
Back Story: Green Gables Opens Up Every Aspect of its Design/Build Process to Clients
"You never want to get to the next phase and realize somebody's not happy."
