What are the Characteristics of Truly Great Organizations?

One of my all-time favorite movies is “City Slickers.”  In one of the scenes, Mitch asks Curly about the secret of life and Curly holds up his finger and states that it is just 1 thing (and Mitch will have to figure this 1 thing out).

It’s different in the corporate world. The secret to becoming a Healthy, High Performance Organization (HHP) cannot be boiled down to one thing. However, what HHP Organizations share can be boiled down into a few key characteristics, such as:

• A “Growth” mindset; they realize that, in this rapidly changing world, you either grow or die!
• A handful of compelling business, and equally compelling people strategies
• A keen ability to anticipate/ manage change
• The realization that they will face tough obstacles, and the persistence to push through these obstacles. 

In these challenging times, it’s great to know that success can be achieved by focusing on a handful of critical initiatives–and then working our Plan.

Tagged as: Balanced Scorecard, Board of Advisors, Business Basics, Business Processes, Communications, Compensation, Culture, Employees, Entrepreneur, Exit Strategy, Family Business, Goal-Sharing, Growth, Human Resources, Incentive Program, Larry Comp, Mergers and Acquisitions, Mission, One-Page Business Plan, Open Book Management, Operational Excellence, Outsourcing, Performance, Profit sharing, Salary Management, Sales Compensation, Surveys, Teamwork, Training, Vision