The November 3, 2008 edition of Businessweek (p. 106) has a very insightful article by Frank Luntz. He lists five terms that resonate in the business world and should become every executive’s lexicon. I’ve listed them here along with their connection to Enterprise Performance Management (EPM):
Consequences
Thinking through the potential results (good and bad) of decisions naturally puts you in an accountability mindset.
The November 3, 2008 edition of Businessweek (p. 106) has a very insightful article by Frank Luntz. He lists five terms that resonate in the business world and should become every executive’s lexicon. I’ve listed them here along with their connection to Enterprise Performance Management (EPM):
Consequences
Thinking through the potential results (good and bad) of decisions naturally puts you in an accountability mindset.
Impact
What’s the measurable difference going to be? This is more rigorous than talking about effort or solutions.
Reliability
In our world of Enterprise Performance Management, we refer to the reliability of numbers as “believe-ability.”
Mission
Not the mission statement that consultants help you write, but the cultural calling of the organization – what it actually stands for.
Commitment
Not a pledge, not a promise, but the speaker putting their “credibility on the line to achieve a successful outcome.”
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