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What Is Your Organizational Value?
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| Guest post by: Joe Evans |
Article Overview: The latest data shows that the U.S. economy grew at just under a 2% annualized rate in the first half of 2011. Interestingly, statistics also bear out that the productivity of current workers is rising at about 2 percent a year. That means that a company can produce 2 percent more goods and/or services a year than the year before, even if it doesn't increase the number of people it employs. Perhaps it is because we have yet to see an economic recovery stick, but the pressure to increase productivity continues to grow. This phenomenon is really about losing entitled employees and keeping those that add value. You can see it happening at all levels of organizations, but what does this dynamic tell us about our changing work environments?
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Free Download - How Well Do You Understand Your Organization’s Core Competencies? By Joe Evans |
What Is Your Organizational Value?
The
latest data shows that the U.S. economy grew at just under a 2%
annualized rate in the first half of 2011. Interestingly, statistics
also bear out that the productivity of current workers is rising at
about 2 percent a year. That means that a company can produce 2 percent
more goods and/or services a year than the year before, even if it
doesn't increase the number of people it employs. Perhaps it is because
we have yet to see an economic recovery stick, but the pressure to
increase productivity continues to grow. This phenomenon is really about
losing entitled employees and keeping those that add value. You can see
it happening at all levels of organizations, but what does this dynamic
tell us about our changing work environments?
As this trend
continues, companies will realize and see more clearly that they
actually have a bifurcated workforce, consisting of those that add value
and those that do the minimum to perform their job function.
Executives cannot be in the latter group and the new super-class of
value-enhancing leaders are certainly not. Those that are not adding
value will be replaced from the rich pool of available talent that is
willing to do so. What this data also suggests is that we are demanding
more of our rank-and-file workforce than ever. As leaders we must
step-up as well, to lead by example. Today’s executives must do more
than fulfill their basic job duties. They must be innovators and
leaders. In fact, today’s executive role requires the leader get out of
their office and take on an elastic form that can stretch and maneuver
with ease, adding value here...solving problems there and removing
roadblocks somewhere else - every hour of the day. Anything short of
that falls into the sub-par value range in today’s business environment.
Defining Value
The
term “value” is used so often that it is getting harder to define what
it means, but we know what it looks like. Value comes from making
oneself indispensable, seeing the gaps and filling voids that no one
else sees. It is second-nature to spot trouble and correct it. Today’s
executives should inspire those they work with and the people they
encounter in their daily organizational roles, providing value that is
tangible. That value may come in the form of the vision and the
innovation that they themselves offer, but they also inspire and foster
in others. It may surface through their superlative communication style
that motivates and raises confidence levels in disheartened employees.
Most importantly, they set the bar high for their followers.
This
“super-executive” class of leader creates efficiency in their
environment. They change processes for the better and always challenge
the status-quo - asking, “what if” and “why not”. While sales may not be
their passion, they can sell. They can sell their ideas and do sell
their organization’s value.
Perhaps the source of value from
this super-class of executives comes from servant leadership. Most will
lead by example and achieve results for their organizations by giving
priority attention to the needs of their colleagues and those they
serve. They quietly create value while they function as humble stewards
of their organization's resources (human, financial and physical). Their
highest priority is to encourage, support and enable subordinates to
unfold their full potential and abilities. In addition to the innate
value they bring to the organization, they also unlock it in others.
So how do you evaluate your own value proposition?
There
are many possible factors that might be considered in evaluating your
own organizational value. Assess your own value. Some value parameters
to consider in the evaluation include:
- Co-worker value: Be a servant leader that encourages, supports and enables subordinates to unfold their full potential and abilities
- Customer value: Be an executive that always seeks benefits for customers through service, access or enhancement
- Community value: Benefit society through positive actions, conservation and responsible behavior
- Strategic value: Never fail to deliver on the mission of the organization and the achievement of strategic initiatives
- Operational value: Improve process, innovation and overall productivity while reducing risk
- Financial value: Benefit the organization through initiatives that improve revenue, decrease costs
For permission to use or reprint any portions of this copyrighted article, contact Method Frameworks at articles@methodframeworks.com.
About the Author:
Joe Evans is the President and CEO of Method Frameworks. Joe is a published author, frequent speaker and recognized expert in corporate strategic planning. To contact Method Frameworks about scheduling Mr. Evans about an upcoming speaking engagement, visit www.methodframeworks.com/business-speaker or email requests to media_relations@methodframeworks.com.
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Learn More
Method Frameworks is a leading business strategy and management consulting company, based in the Dallas / Fort Worth area and serving clients nationally and internationally.
Discover our capabilities and learn why Method Frameworks is the strategic planning partner chosen by Fortune-500 companies and small businesses alike. Let us show you how to realize 140%+ ROI on your strategic planning efforts through our unique Plan4SM process that brings together strategy and execution into a powerful plan. Plan4 is our proprietary business planning process that involves an integrated set of actions designed to help companies gain sustainable advantage. Download our brochure to learn more about Method Frameworks and our services or download our Plan4 Planning Process Overview.
You can contact Method Frameworks at 877-317-5264 (877-31PLAN4) or follow this link to request a meeting with a planning consultant. Check our articles and blog often at www.methodframeworks.com to get many more planning tips and information about our Plan4 process.
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Article Tags: business strategy, corporate culture, corporate strategy, economic recovery, entitled employees, joe evans, method frameworks, organization development, work environments
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About the Author: Joe Evans RSS for Joe's articles - Visit Joe's website Joe Evans serves as the President and Chief Executive Officer of Method Frameworks. Method Frameworks provides management consulting services to commercial enterprises with strategic and operational planning solutions using the firm’s proprietary Plan4 process. Visit Method Frameworks at www.methodframeworks.com. Joe is a published author, frequent speaker and recognized expert in co rporate strategic planning. To contact Method Frameworks about scheduling Mr. Evans about an upcoming speaking engagement, visit www.methodframeworks.com/business-speaker or email requests to media_relations@methodframeworks.com. Want more corporate strategic planning insights? Read Joe's blog. Also, request to join the "Strategic Planning Xchange" now by following this link to the Strategic Planning Xchange. Click here to visit Joe's website The MA Market Is Hot But The Results Are Not How Strategic Planning Can Help The Truth About Why So Many Strategic Plans Dont Get Executed Strategy Execution Why We Fail At Strategic Implementation Enterprise Myopia Is Customer Value Being Overlooked Strategic Planning Business Executive Essentials Part 1 of 12 |
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