Creating an informed and engaged workforce doesn't happen overnight...and isn't sustainable without the dedication and focus of the whole team. To help get your Game off on the right foot in the new year, here's a list of must-know tips from our best blogs to help The Game excel at your company.
Business Transparency and Education: Opening the books only works when people are taught to understand them.
High-Involvement Planning™: Business planning involving broad participation from the people who are closest to the action and who understand the realities of the business will result in more buy in and better performance. People support what they help create.
“Planning is one thing, execution is everything!” Involve employees in the strategic work so that they can better align their work with the company goals.
Enable and involve all employees to contribute to the business planning process. After all, aren't they the ones making daily decisions that impact the success of the company?
If employees don't buy into the plan, they don't commit. If they don't commit, they don't deliver.
The Critical Number™: The financial or operational number that defines winning and is the focus of The Game for everyone in the organization.
Huddling provides a rhythm of communication where everyone is kept informed, involved, and engaged in moving the company forward.
Keep Score: The objective of keeping score is to simply and consistently inform the players if they are winning or losing, and who is accountable.
There’s an old saying, “If you’re not keeping score, it’s only practice.” Keep track of progress with financial, Critical Number, and MiniGame scoreboards along with player scorecards to allow the team to measure their performance and create interest in the progress of the team towards your goals.
Make sure each scoreboard is engaging, relevant, and highly visible to promote immediate and consistent feedback.
Rewards and Recognition: A strong corporate recognition culture not only inspires and motivates employees, it also attracts and retains top talent—a win for the company and a win for the employee.
MiniGames™: Short-term, intensely-focused, rapid improvement challenges that affect a change, correct a weakness or pursue an opportunity. They include a goal, a scoreboard and a reward for winning.
Bonus Plans: There’s no more powerful way to engage, motivate and involve people in their everyday work, their own goals and the goals of the organization than a well-structured bonus plan.
Employee Stock Ownership Plan: An ESOP is a trust set up by a corporation to allot some of its stock to its employees over time based on the employees' compensation levels as well as how long they have worked for the company.
The Great Game of Business is a management system featuring multiple practices that, when deliberately and actively applied, can transform your business. The key is creating routines and rhythms that support the system and hold everyone accountable. NOW is the perfect time to do a self-audit of your business using the above pointers, and pledge to focus on each aspect of the Great Game this coming year.
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