Problem - Performance Growth Flashcards
1
Q
What is the performance problem?
A
Companies need growth in tough market, consultant performance not where it needs to be
- Hard to create high performance culture (remote, hybrid, office)
- Consultants not hitting revenue generating activity potential
2
Q
What are the 5Ps?
A
- Problem
- Primary Reason
- Pain
- Promise
- Payoff
3
Q
Primary reasons for performance problem?
A
- Hard to find effective motivation methods, WFH and office
- Teams lack competition/ambition
- Incentives manually tracked and reported, often left in dust
- Can’t benchmark vs peers
4
Q
What are the pains of the performance problem?
A
- Targets missed, FY target gaps get wider
- Revenue lost in slow pace and inaction
- Wasteful spend on incentives without expected ROI
- Managers pushing rather than consultants driving their own behaviours
5
Q
How do we fix the performance issue?
A
- Intuitive dash + performance triggers to reward success + motivate KPI hitting
- High performance culture from visible competitions - WFH/Office
- Clear visibility+accountable to stats: leaderboards, against target, key metrics
6
Q
What’s the payoff from solving the performance issue?
A
- Increased revenue generating activities
- Easier coaching, showing what good looks like
- Incentives more effective and less time consuming, justifying their expense