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Why Chasing Results Won’t Save Your Business
Manage episode 435185695 series 3588774
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The episode delves into the final aspect of a new work paradigm, emphasizing the significance of achieving results while maintaining a balanced approach with the journey. Through a client anecdote, it illustrates the pitfalls of a company excessively fixated on results, neglecting the development of standardized processes and journey capabilities. Such a myopic focus on tangible outcomes can hinder long-term sustainability and growth, as evidenced by diminishing margins and employee turnover. The discussion underscores the necessity for companies to intertwine result-driven metrics with journey-oriented processes for sustained success.
Highlights
- 💼 Excessive focus on results without attention to the journey can lead to detrimental consequences, as illustrated through a client anecdote.
- 📉 Neglecting journey capabilities and standardized processes can result in diminishing margins and high employee turnover.
- 🔄 Balancing result-driven metrics with journey-oriented processes is crucial for sustained success and growth in business.
- 📊 Starting with financial goals and cascading down to operational and people metrics ensures alignment towards organizational objectives.
- 💡 A healthy company focuses on connecting financial goals with operational and people metrics, fostering accountability and alignment towards shared objectives.
🌱 Vision metrics play a pivotal role in guiding the organization towards its long-term goals, ensuring a holistic approach to success.
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