| PEOPLE |
The ultimate goal for your people is happiness.
Happy people perform better. The focus is to get
great people,
keep them and help them grow.
Knowledge Capital People Methods and Tools
include:
Core
Ideologies
Core Ideologies are made up of Core Values and
Core Purpose. Core Values provide the handful of
rules that will remain constant and provide YOUR
company with a strong cultural foundation. Core
Purpose answer the questions, Why is our company
doing what we are doing and what is our higher
purpose?
Positive Impact:
- Aligns the company
- Provides a strong culture
- Brings simplicity and clarity to HR
systems
Organizational Structure
Organizational weakness keeps your company from
growing.
By clarifying responsibilities and
accountabilities
for each role your company is
positioned to grow.
Positive Impact:
- Make decisions faster and more
decisively
- Key seats are filled with the right
person'
|
| EXECUTION |
Effective execution results in increased profit
and time. It is all about priorities, metrics and
meeting rhythms.
Knowledge Capital Execution
Methods and Tools include:
Priorities, Metrics and
Dashboards
- Priorities - What are your Top 3 and Top 1
of 3?
- Metrics - Key Performance Indicators (KPI),
Critical Number, Customer and Employee
Feedback.
- Dashboards - A tool to measure the right
things now so you can gain insight into the
future of your
business
Positive Impact:
- Focus on the right things and measure them
properly
Meeting Rhythms
Meeting Rhythms are the daily, weekly, monthly,
quarterly and annual meeting rhythm and the
specific agendas that make them effective and
practical.
Positive Impact:
- Capturing opportunities faster
- Identifying and addressing bottlenecks
faster
- Increasing throughput and production
without
additional cost and headcount
Theme
An idea or image that transforms a managerial
goal into a company-wide mission.
Positive Impact on Your
Business
- Make goals and priorities memorable
- Helps your organization make the necessary
emotional connection that generates
commitment
|
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|
| STRATEGY |
| The right strategy
results in increased revenues. You must have the
right horse in the right race. Knowledge Capital
Strategy Methods and Tools include:
BHAGTM
According to Jim Collins, the Big Hairy
Audacious Goal is a 10 to 25 year lofty goal that
challenges the firm to greatness
Positive Impact:
- A compelling vision and central theme to
motivate your team
Brand Promise
The single most important measurable that both
matters to your customers yet makes you different
from the competition.
Positive Impact:
- Drives your business
- The unique and overt benefit that
differentiates you
X-Factor
A strategy to neutralize or blow up the main
bottlenecks or chokepoints in your industry
Positive Impact:
- Provides a unique competitive
edge
|
| CASH |
When cash is tight, it is hard to breathe.
Increased cash flow is all about having excess
oxygen to breathe.
Knowledge Capital Cash
Methods and Tools include:
Cash Conversion Cycle
According to Harvard Business Review article
titled, "Execution without Excuses", the Cash
Conversion
cycle is the time it takes for $1 of
operational and COG expense to return to you as
cash collected from your customer
Positive Impact on Your
Business
- Available cash provides
options
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