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

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2
Q

What are the 5Ps?

A
  • Problem
  • Primary Reason
  • Pain
  • Promise
  • Payoff
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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
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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
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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
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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
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