Pillars of Performance
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Transcript of Pillars of Performance
Pillars of PerformancePillars of Performance
Pillar of Performance #1Pillar of Performance #1
Maximising PROFITABLE PERFORMANCE consistent }
with the other four pillars of performance, focusing on:
• Resource efficiency and enhancement.
• Responsiveness to customer needs and market opportunities.
• Relationship management.
• Reputation management (inc. brand equity management).
• Risk management
Pillar of Performance #2Pillar of Performance #2
Energising FUTURE BUSINESS DEVELOPMENT by
investing in distinctive assets and competencies in the
following areas:
• People.
• Products and services.
• Processes.
• Places.
• Parthners.
Pillar of Performance #3Pillar of Performance #3
Optimising BUSINESS MULTIPLIERS (maximising positive economic, social and environmental impacts and minimising negative ones) in the following areas:
• Generating investment and income.
• Creating jobs.
• Developing human resources.
• Providing appropriate products and services (from a full life-cycle perspective).
• Building local business systems.
• Sharing international standards and business practices.
• Supporting technology development and transfer.
• Establishing institutional and physical infraestructure.
Pillar of Performance #4Pillar of Performance #4
Professionalising SOCIAL INVESTMENT and
PHILANTHROPY in the following areas:
• Money: from cash donation to innovative funding mechanisms.
• In-kind support: from ad hoc approaches to mobilising core
competencies.
• Strategy: from philanthropy and public relations to partnership.
• Beneficiaries: from charity to community capacity building.
Pillar of Performance #5Pillar of Performance #5
Legitimising POLICY DIALOGUE at local, national and
international levels by:
• Promoting ethical business practices.
• Creating an enabling environment for private enterprise and
investment.
• Supporting good governance.
• Contributing to economy, social and environmental policies.
The Circle of Continuous ImprovementThe Circle of Continuous Improvement
MissionMaking the commitmenta) Values, principles and policy
statementsb) Operating guidelines and
performance targetsc) Accountabilityd) Leadership
#1
MotivationMobilising others around the commitmenta) Participationb) Timec) Trainingd) Recognitione) Financial incentivesf) Disciplinary action
#2Measurement and reportingMaking the commitmenta) Some key issues
• Financial vs non-financial performance metrics
• Separate vs integrated approaches• Internal vs External assesment,
verification and disclosure proceduresb) Measurement toolsc) Support networks
#3