We are almost through this week’s series where I dive deeper in the 5Ps – a system for embedding purpose in your organization.
Performance Metrics is our fourth P.
Purpose communicates what your company is and aspires to be and therefore the Purpose Metrics should not only cover day-to-day operations but also management decisions as well as transformation initiatives.
Truth is, what you seek to manage should also be measured – not one time, not occasionally but on a regular basis.
Same goes with purpose.
My recommendation is that you identify the key performance indicators that are tied to the organizational purpose and then, you track them over time.
This will not only act as an incentive for putting purpose on the daily agenda but will also help you to see your progress and if you’re on the right track.
Invite your employees and stakeholders to take part of the progress along the way. This reinforces purpose and builds momentum for more engagement amongst your employees.
Did you miss the first part of this series? Check out the latest blog posts and you can read about the 1st, 2nd and 3rd P.
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