October 10, 2012 4:11:31 PM by
Zach Enos
9Lenses just announced their exclusive partnership program for executive coaches. By partnering with 9Lenses, executive coaches receive unfettered access to the suite of organizational learning applications. 9Lenses’ executive coach program is designed to equip coaches with quantitative performance measurement tools.
“Executive coaches are masters at leadership development,” says CEO and Founder of 9Lenses Edwin Miller. “An executive coach can transform the entire culture of a business. Unfortunately, fewer than twenty-five percent of executive coaches ever provide quantitative data to demonstrate the impact of their services.”
9Lenses insight platform helps coaches reveal key sources of organizational dysfunction like misalignment, personality conflicts, and communication bottlenecks. In just a few hours, coaches can ascertain any organization’s top opportunities and challenges. Most importantly, 9Lenses’ secure cloud-based software applications help coaches track and quantify the evolution of their client’s organizations over time.
Consider how powerful that information becomes when placed in the hands of an executive coach. A coach is often an executive’s closest sounding board, council, and friend. With 9Lenses, that coach can help executives pinpoint actionable areas for improvement across the entire company, and track their client’s success as they flourish.
MetrixGlobal LLC recently found that the average return on executive coaching was about $7.90 for every $1 invested. Unfortunately, few coaches have tools at their disposal to demonstrate their ROI. 9Lenses’ executive coach application suite tracks the health of every part of their client’s organization and helps coaches articulate the direct and indirect improvements caused by their training efforts.
With 9Lenes, partners gain:
* Referrals—Coaches develop a new sales tool. The analytics dashboards within the 9Lenses schema demonstrate the changes affected within a client’s company. Leverage these to win referrals.
* Reengage—Coaches can reengage old clients in a robust conversation about the present state of their business and offer to reveal top opportunities and challenges.
* Credibility—Executive coaches gain credibility when they benchmark their services against clearly defined industry standards.
* Evolve—Coaching changes perceptions. Tracking those changes allows coaches to adapt mid-play.
* Catalyst—The coach becomes the catalyst of some of the most important changes in their client’s organization.
* Record—Develop a proven track record by quantifying ROI for future clients.
* Compare—Coaches can even compare their data to other industries, to best of breed enterprises, and the portfolios of other coaches to learn and continue to grow.
* Happiness—By encouraging clients to leverage 9Lenses, executive coaches empower those in the organization who normally wouldn’t speak out to share their perspectives which makes them feel valued and heard.
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Business Strategy
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Strategy Automation
October 08, 2012 2:32:36 PM by
Zach Enos
Top down strategy is dead, but executives still have to lead, and they do so by setting forth strategies. Those strategies control how even the most social companies behave. Strategy will always matter most, but in the social era it’s holistic rather than top-down. The most important question then, is how does the social era affect strategic planning?
Meet Social Strategy: Or Strategic Planning Gone Social
Even social businesses (e.g. KickStart, which relies on a crowdsourcing-as-service model) fail to bring social strategies into the boardroom. For most organizations, “social” means nothing more than CRM, marketing, and product feedback cycles. Few realize the exponential rewards hidden in every company’s “Social Consciousness.” That’s what social era leaders need to tap into.
Imagine a business where every employee, customer, executive, board member, and investor could share his/her perspective on the organization’s performance with the CEO before the next strategic offsite. Pretend for a moment, that the executive leadership team collaborated and strategically planned around up-to-the-second data that accurately reflected the business’s health.
Stop imagining! The age of social strategic planning is here, and it all starts by connecting every part of a business; here we say by connecting all 9Lenses. Business leaders need to find social tools that don’t just collect data, but organize it, make it meaningful. The best social tools use schemas to map and interrelate business data end-to-end, cut through the clutter, or at least organize data in a super useful way, to make insights actionable.
Too few organizations are applying social principles like transparency, collaboration, innovation, and connected learning to strategic planning. That’s probably because it’s difficult to know how. Social technology is new, and many executives are still struggling to discern the best way to integrate new solutions.
However you chose to take on social strategy, remember, you need to listen and learn from everyone affected by you business. Your employees, customers, investors, and advisors have knowledge you need to strategize effectively. Find a way to hear “the crowd” across your entire business, and connect rather than segment the input. Now you’ve got a thousand strategists pushing information to the top in a way that enables good decisions, instead of the top dictating a strategy that a thousand innovative employees think is bunk. Or, worse, nobody knows if it is or isn’t because the business isn’t connected.
We’ve crowd sourced business strategy: check it out!
Let me know what you think of this post, and sign up for our RSS feed because Part II: Structuring the Social Strategy is coming out soon. Don’t miss this step-by-step guide for executives who want to use social data to drive strategic planning initiatives.
Tags:
business analysis
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business improvement
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Business Strategy
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Data
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Data-driven Offsite
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enterprise management software
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Offsite
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Social enterprise
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Strategic Development
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Strategic Management
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Strategic Planning
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Strategy Automation
October 04, 2012 2:16:41 PM by
Zach Enos
Most executives I speak with intuitively understand the value of leveraging “social” business solutions. Companies that foster transparent collaboration, innovative pipelines, and passionate communities are redefining the marketplace.
Success is all about breaking down bureaucratic hierarchies, doing a few things well, and creating continuous social feedback loops. Unfortunately, “social” solutions are great, but social tools are often too unstructured, disconnected, and complex to gain traction in enterprise-level boardrooms.
Welcome to the Social Era:
I’m borrowing the term “Social Era” from the popular Stanford lecturer Nilofer Merchant. She’s argues quite persuasively that Schumpeter and Taylor’s traditional model of strategy is dead. Traditional strategy rests on 5 key pillars that Merchant believes are incompatible with flexible, collaborative business communities:
- Top Down Strategy Matters Most
- Size Matters
- Stability Rules
- Sustainable Advantages Exist
- Company Controls Everything
Traditional Strategy:
I think she’s right on the money. Vertical integration became a central principle of successful big business management towards the mid-twentieth century and by the 1970’s was above reproach. 19th century steel tycoons like Carnegie pioneered this methodology by chopping out middleman and processing their own raw materials from ground to product. In the 20th century, companies like Ford and Wal-Mart mastered integrated end-to-end supply-chain management systems. “Bigger is better” was the adage, and companies thrived by pushing their weight around, swaggering, and consolidating competitors.
But things have changed. As Nilofer points out the 800-pound gorillas of yesteryear need to become “a herd of 800 nimble gazelles.” Businesses that emphasize flexibility, creativity, and synergy are now winning the race to the top, and they’re doing it by becoming more social.
- Nordstrom and AT&T are pioneering innovative pipelines and in-store labs.
- Twitter and LinkedIn and creating value through social dialogues.
- Goodreads, Yelp, and Pinterest are only successful because they engage (crowdsource) lots of people.
Dispersing power and enabling innovation are the next dispensation of business; that means top-down strategy is fundamentally different or dead. Traditional strategy has clearly perished. The question now is what does that mean for the future of “strategic planning?”
Tags:
business analysis
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business improvement
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Crowd Sourcing Applications
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Data
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Employees
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social
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Social Media
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social networking
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Strategic Management
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Strategic Planning
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Strategy Automation
October 02, 2012 2:48:52 PM by
Zach Enos
30 years after Janet and Rick moved into their cozy historic little home, they made the discovery of a lifetime. One afternoon, as Rick cleared the attic, he discovered that the floor was made out of antique railroad signs. The entire attic was covered in priceless relics—worth over $30,000! Can you imagine what that feels like? It’s your home; you work, eat, sleep, and (hopefully) spend time with loved ones there. Suddenly, your home goes from personal sanctuary to jackpot and national story.
Similarly, managers and business leaders often fail to recognize the valuable treasure that’s been a part of their business for years—their employees! The real experts in any organization aren’t the guys in fancy suits charging $100,000 and taking three months to assess issues and make “recommendations.” Instead, the real expert is sitting the next cube over, standing on the loading dock, or busily laboring on the factory floor.
Make an effort to discover the valuable resources already in your organization. Use a tool if necessary. As workforces become more distributed and virtual, using tools to gather unfiltered insight, uncover hidden expertise, and facilitate communication becomes mission critical.
Learn How to Crowdsource Strategic Planning, Today.
Tags:
business analysis
,
business improvement
,
Business Strategy
,
Crowd Sourcing Applications
,
Data
,
Data-driven Offsite
,
enterprise management software
,
Social enterprise
,
Strategic Development
,
Strategic Management
,
Strategic Planning
,
Strategy Automation
September 18, 2012 2:41:13 PM by
Zach Enos
CEO and Founder of 9Lenses presents the big picture!
9Lenses offers businesses the one-stop-shop for organizational learning. As a result, the time it takes to discover and connect disparate data falls by as much as 90%. When businesses learn in a single cloud:
- Costs contract
- Efficiency improves
- Learning becomes centralized
- The number of vendors is streamlined
- Leadership receives a complete view of the business
- Organizations are empowered to act on relevant [real-time] data
- Enterprises leverage comprehensive insight to build a culture of transparency and accountability.
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