Are You Paying Attention to Organizational Health?

Are You Paying Attention to Organizational Health?

May 10, 2021

Peter Drucker famously said, “What gets measured gets managed.” It is not difficult to imagine the converse, when something goes unmeasured, it is vulnerable to being unmanaged.

The challenge is in measuring the right things—data that really tells you about the corporate health and performance of your organization.
In a recent article in the McKinsey Quarterly on successful organizations, the authors stressed that outperforming companies set clear, measurable organizational-health targets in conjunction with their financial objectives. This concept of organizational health targets is worthy of taking the time to dissect. It includes dimensions such as leadership, accountability, innovation and learning.

An organization’s health—its ability to align around and achieve strategic goals—is critical for long-term performance. However, many leaders struggle to find a clear way to measure and improve it. They focus solely on financial performance. And yet, according to McKinsey, which has been monitoring the health of well over a thousand companies for more than 15 years, companies that are healthy (as measured by a diverse set of benchmarks) consistently outperform their peers.

The following reflect McKinsey’s suggestions for how to “jump start” measurement of organizational health:

Measure results and then measure them again, and again.

Investment in organizational health, when tied to strong financial performance, leads directly to long term sustainability.

10 mayo 2021

¿Estás poniendo atención a la salud organizativa?

Peter Drucker lo dijo estupendamente: “Lo que se mide puede manejarse”. No es difícil imaginar lo contrario, cuando algo no está medido, es vulnerable a no ser manejado.

El desafío consiste en medir las cosas apropiadas; datos que realmente te hablen de la salud corporativa y del rendimiento de tu organización.

En un artículo reciente en el “McKinsey Quarterly”, acerca de organizaciones exitosas; los autores destacaron que las empresas que obtienen mejores resultados establecen objetivos organizativos y de salud, claros y medibles, junto con sus objetivos financieros. Este concepto de objetivos de salud organizativos; vale la pena de tomarse el tiempo para revisarlos minuciosamente. Estos incluyen elementos como: el liderazgo, la rendición de cuentas, la innovación y el aprendizaje.

La salud de una organización, su capacidad para alinearse en torno a y alcanzar objetivos estratégicos; esto es fundamental para el desempeño a largo plazo. Sin embargo, muchos líderes luchan por encontrar un camino claro para medirlos y mejorarlos. Ellos se centran únicamente en el rendimiento financiero. Y sin embargo según McKinsey, que ha estado monitoreando la salud de por lo menos mil empresas durante más de 15 años; las empresas que están sanas (medidas por un conjunto diverso de puntos de referencia) superan consistentemente a sus pares.

A continuación, se reflejan las sugerencias de McKinsey sobre cómo “arrancar de emergencia” la medición de la salud organizativa:

Mide los resultados y luego mide nuevamente, y de nuevo otra vez.
La inversión en salud organizativa cuando está ligada a un sólido desempeño financiero, te lleva directamente a la sostenibilidad a largo plazo.

Making the Most of ARP’s $40 Billion—Single Stop Plays a Critical Role on College Campuses

Making the Most of ARP’s $40 Billion—Single Stop Plays a Critical Role on College Campuses

Single Stop was featured in an opinion article on ways to use the American Rescue Plan’s $40 billion allocation for colleges.

Among the measures the authors recommend:

“Build an integrated support system. At both Miami Dade and Amarillo, the steps we have taken to address student needs during the pandemic are part of a larger, integrated system. Miami Dade’s Single Stop program is, as the name implies, a one-stop shop for a variety of social services.

Students experiencing food insecurity, for instance, can not only visit the pantry but also work with coordinators who can help them be screened for a variety of federal, state and local resources like SNAP. Over the past 12 years, Single Stop has helped 66,000 students receive food assistance, mental health counseling, financial coaching, legal aid and other services. Miami Dade has built an ecosystem of external partners that includes community-based organizations and private and public sector agencies that help provide holistic support to its students.”

Read the full article on the Inside Higher Ed website. Learn more about Single Stop at singlestop.org.

Hiring Top-Tier Talent: Not as Easy as it Sounds

Hiring Top-Tier Talent: Not as Easy as it Sounds

May 3, 2021

Even in today’s labor market, where thousands of talented individuals lost their jobs due to the pandemic, finding top-tier talent is not easy. The talent is out there, but I am not sure we always know how to spot it when we see it. Determining if the prospective employee has the right talent, and if they know how to use that talent in the right way, is an art form.

Here are some of my top considerations when interviewing for an executive level position.

First and foremost, are they critical thinkers? This is difficult to assess. Certainly, you can explore scenarios and listen to responses. You can ask questions and see how they organize their thoughts and what they think is important. But the ability to critically think as part of day-to-day problem solving is challenging to see in the interview process. Prior to the pandemic we used to hold Corporate Weeks, where agency leadership would come to New York City for a week. We would discuss the health of the corporation, conduct strategy sessions, review financial projections, discuss organizational risks, explore market trends, share new aspects of infrastructure including large-scale software implementations, and more. When looking for top-tier executive talent, I would always invite potential executive candidates to these sessions and listen carefully to their observations and most importantly, to the questions they would pose following the sessions. Corporate Weeks have turned into weekly Zoom sessions as a result of the pandemic. While not quite as effective, I still invite candidates to listen in on these Zoom sessions. I listen for innovative and smart questions, observations that zero in on some of our organizational strengths and weaknesses, ideas that are in line with our strategic direction, or perspectives that reflect insight and intuition. I listen for whether or not the candidate listens to talk, or listens to understand. To be able to critically think within high-pressure situations is one of the characteristics that make good leaders great.

Next, I want to know if they understand the concept of building structure. If when I start to discuss this in the interview, they talk about an org chart (and this happens often), I find a way to end the interview. From my experience, the ability to comprehend and then operationalize a clear and precise structure that depicts how the end-to-end work gets done, is missing in many people who describe themselves as leaders. And in the absence of structure, good people fail. I see it over and over again. Staff want to do a good job, but when they do not have a clear structure in which to do their work, mistakes are made, and things get missed—often. During the interview process I ask about structures the candidate has built and how they went about the process. I listen to see if the individual was clear about what the structure was driving towards, the goals the structure was intended to advance, the ways they measured the efficacy of their structure.

Additionally, I want to get a clear sense of whether or not the candidate is a team player. It is amazing how many talented, successful people do not play well with others. That said, I have worked with very successful people who work best independently—and who do not thrive in a team environment. I can manage that. But if this characteristic is present in too many on the executive team, serious systemic challenges will arise.

Lastly, and this may seem obvious, I pay attention to whether or not I like them. Members of an executive team spend a lot of time together. They need to think together, they need to challenge each other and they need to produce. This can be excruciating if a member of the team simply does not click with others. It is tricky to know what makes people work effectively together. Often it comprises intangibles—but they matter. If you find yourself eager for the interview to be over and getting annoyed frequently throughout the conversation, save yourself future problems, and let this candidate pass.

As always, I welcome your thoughts.

 

Are You Cultivating a Leverageable Network?

Are You Cultivating a Leverageable Network?

April 26, 2021

Over the past several months the leaders of The Fedcap Group have been discussing the importance of building, cultivating and ultimately leveraging business relationships.

In a 2013 article in The Huffington Post, Porter Gale, author of the bestselling book, Your Network Is Your Net Worth: Unlock the Hidden Power of Connections for Wealth, Success, and Happiness in the Digital Age wrote, “I believe your social capital, or your ability to build a network of authentic personal and professional relationships, not your financial capital, is the most important asset in your portfolio.” Recently Harvard Business Review (HBR) Management Tip of the Day echoed that same sentiment, suggesting that many times individuals focus so much time on building skills that they fail to build the critical relationships demanded in today’s environment—and don’t realize it until they experience the repercussions. In a 2014 study conducted by HBR, it was discovered that among the 165 lawyers at a large North American law firm, those who networked effectively were the most successful, better able to bring business into the firm and ultimately achieve partnership status.

As important as networks are to an individual’s professional growth, they are equally important to business growth. Business networking is the process of establishing a mutually beneficial relationship with other people also in your business. Shared knowledge, opportunities and a raised profile all result from effective networking.

A valuable network helps us understand where our organization fits strategically in the wider business environment and provides opportunities to tap into new business—often sooner than the rest of our competitors. Leveraging a network is how work gets done in the interconnected environment in which we compete. Networking provides you with connections and opens the door to influential people that can be a boon for business and help shape new business.

Effective networks are based on trust. A 2018 article in Entrepreneur stressed that leaders prefer to become intermingled in important transactions with people they trust. Relationships establish and fortify that trust. Networking can help to build your businesses reputation as a knowledgeable and reliable partner. When referred to a potential new business opportunity by a trusted colleague, both you and the potential partner build the relationship on a foundation of trust. The good news is that digital platforms and social media networks make it easier than ever to develop and stay connected to a global network of colleagues.

A professional network is built with intentionality and requires an investment of time to cultivate and sustain. In my experience, it is worth the investment.

Granite Pathways Team Members Recognized by State of New Hampshire

Granite Pathways Team Members Recognized by State of New Hampshire

Lisa Bee and Lori Herbert of Granite Pathway’s Strength to Succeed program were presented with awards by the Department of Health and Human Services (DHHS) and Division for Children, Youth and Families (DCYF).

Lisa Bee and Lori Hebert

Granite Pathways is thrilled to announce that two team members have been recognized by the State of New Hampshire for outstanding service! Lisa Bee, a Parent Partner in the Strength to Succeed (STS) program, was presented with the Exemplary Leadership and Service Award for her outstanding work by NH Department of Health and Human Services (DHHS) Commissioner Lori Shibinette, and Joe Ribsam, Jr., Director of the Division for Children, Youth and Families (DCYF). Lisa was nominated by DCYF staff as a leader whose work is exceptional and as someone who goes above and beyond for the parents with whom she works. For those parents, she is a beacon of hope and inspiration.

The recognition was given virtually at the annual DCYF conference. “It is hard to express how honored I am to receive this award,” Lisa said. “I am humbled to be able to help build relationships with families here in New Hampshire.”

Lori Hebert, STS Program Director, was presented with the Granite Award for Exceptional External Partnership and Collaboration with DCYF. “It is truly an honor to be recognized by DCYF. I share this award with our entire team who have tirelessly worked to build and expand peer services for families involved with child protection. Together with the Division, we are helping families find healing through sustainable recovery and I look forward to continuing this work together.”

The State of NH deserves significant credit for its commitment to innovation. Recognizing the challenges faced by families impacted by substance use disorder (SUD), DCYF introduced STS as a collaborative, voluntary approach to support children and parents through a peer-to-peer support model.

Learn more about the awards and the Strength to Succeed program on the Granite Pathways website.