3 Big CEO challenges that threaten survival of organisations
Your strategic objectives are orphaned, you won’t achieve them
Your team is working hard on 20 thousand things that don’t matter. Their goals don’t point to your objectives. So you go and hire 3 times more people. Got money, will burn, seems like it. And your team gets burnt working hard, changing course, reworking, pivoting as different leaders give different instructions on different days.
Your team is not engaged, you won’t innovate enough to avoid disruption
So all your innovation talk is just that, talk. Team has ideas, but you’re not listening. No that culture Amplification surveys you do don’t count as listening, those are not business focussed. Culture without performance is a social club not business. You have no mechanism in place to spark and capture business focussed innovation. You’re ready to get disrupted by your own team some of whom will create next unicorn while you’ll wonder if they are the same people.
Your workforce needs upskilling, your reputation is at risk
Competitive landscape has changed, past skills don’t accomplish current and future goals. But since you are not aligning goals, not reviewing sharp and not listening, you don’t see the exact skill gaps. This won’t get you there. Most people are increasingly doing, at least 50% of the work that they are doing, for the first time. This proportion will increase over time, it’ll take new skills. Not training them continuously for specific goals would have direct impact on your reputation.
Okay, that a lot of bad news right at start, but truth be told, you don’t have a performance culture if you don’t have an infrastructure built for performance. And your team sees through it within one week of joining.
Now the good news
You can set up an innovation and performance infrastructure at your workplace in a day. That can attend to the three big challenges that I highlighted above. No it can’t be done without infrastructure. Only talk can happen without tools.
Here’s how fastribe gives you best shot at fixing these challenges
Fastribe enables you to implement OKRs in 15 minutes, yes minutes not months. No consultant is required, just signup and in next 15 minutes your objectives would be in front of every employee in your business asking them to set their goals aligned to these objectives. Alignment done, exactly where it’s required, not just in imagination but in real goals.
Fastribe institutes a performance rhythm called Surge Cycle for you that turns key performance focussed artefacts into events. Like goal setting, performance review, feedback capture, training needs analysis. Software ensures that your team is prompted in time to perform their roles against these artefacts. It’s here that you listen. Every employees shares ideas and feedback around every goal that they carried. “What went well” and “What needs improvement”. That right there, is your goldmine of innovation. Fastribe collates all these ideas and allows you to turn them back into actionable goals assigning into team member’s GoalsBank. And you thought, your employees don’t have ideas? Well, you never cared to ask.
Based on real performance data against goals, Fastribe collates for you a real actionable list of “skill gaps” that you carry in your organisation. These skill gaps will cause you loss of reputation, loss of clients, loss of revenue, increased cost of rework. You don’t have to spend three months doing academic training needs analysis. Fastribe gives you a ready to act upon list. Now act.
Fastribe is your best bet if encouraging innovation at work is on your mind as a CEO or if you want to build a performance culture where employees get aligned, engaged and upskilled to perform at their full potential.
Fastribe offers trial period, I personally spend time with CEOs who really want to unleash the power of their own teams. This is not a bank breaking proposition, real cost is your attention on what matters.
Performance is the only way to create sustainable happiness at work. Now is the best time to start.