NO MATTER WHAT YOUR BUSINESS, PAM-R (Plan, Act, Measure - Report) IS AN ESSENTIAL PROCESS TO DRIVE THE COMPANY FORWARD TO ACHEIVE UNCOMMON RESULTS.
A plan is more than putting a founder's thoughts on paper in combination with a financial pro forma. Plans that serve as a road map to success are the ones developed in concert with the entire organization. If you want everyone accountable for success, you've got to give them a voice in the strategic plan development process.
STRATEGY ACTION & EXECUTION
MEASURING & REPORTING RESULTS
Execution is about action. Daily accomplishment from every person in the organization in a purposeful way. If every employee understands how his/her individual contribution leads to corporate and personal success, things will happen. And if each person knows how his/her contribution gets rewarded in specific terms, things happen a lot faster.
Measurement of the key performance indicators is essential in every business. Companies without the proper metrics are at serious disadvantage. However, measurement needs to be reported rapidly and broadly. Everyone in the organization needs to know how things are going, and quickly. In such an environment, rapid changes and alterations to correct business trajectory are embraced.