Foolproof Your Business Against Failure with This One Skill
No one ever starts a business thinking it will end up stumbling along or struggling. But according to data released by the Bureau of Labor Statistics, 20 percent of organizations close within a year and 70 percent within a decade. These stats—and the underlying scenarios supporting the data—don’t happen by accident.
There are countless reasons organizations struggle. But no doubt about it, their struggles aren’t just some fluke. Almost every organization that has turned to MAP Consulting since 1960 has shared a common oversight or outright pitfall. All of these organizations (and pretty much every leader running them) is missing the number-one driver of business success:
Accountability.
And these organizations didn’t necessarily intend to design a company without it. Perhaps they once had some method of accountability or advancing goals in place. But for some reason, that particular approach didn’t work. And a bit blindsided by internal factors, external factors or a combination of both, things just started crashing. Performance tanked. Staff productivity and morale sunk to new all-time lows. And, along with a suffering bottom line, the company culture overall felt wounded beyond repair. And yet, it’s no accident they ended up where they did. Why? Lack of accountability.
Effective company accountability sets a clear, culture-wide expectation around a common goal and holds people to achieving it through goals and controls, or metrics, taking corrective action as needed along the way. But here’s the key. Accountability works best when organizations are proactive about implementing and executing around it. The organizations that we see failing—those that become the sad statistics—almost always managed business reactively, without proven planning methods.
Behind accountability companies and empowered, performance-driven cultures is the accountability leader, defined, self-disciplined and driven by a true commitment to personal and leadership accountability. That combo is not just a way to get breakthrough results, but it foolproofs your organization now and for decades to come.
Don’t let this year be the one that blindsides your business because you’ve overlooked the true impact and potential of bringing accountability to your company and its culture. Be proactive and bring in a solution you can trust: The MAP Management System™. Contact Us today!
