Corporate Accountability components
Enterprise Unity
The chart below details the breakdown of each component and the reason for its inclusion.
| Corporate Accountability Component | Component Breakdown | Reason for its Inclusion |
|---|---|---|
| ENTERPRISE UNITY | Unified measurements | Ultimately, the measures of groups or departments have to correspond to the Plan developed by the enterprise (see also www.PlanningPro.org). Although the measures of each individual correspond directly to the needs of the job of the individual, as those measures climb the ladder they transpose into the same (unified) dollars and percentages all across the organization. |
| Iteration | At this point, you may discover that the outcome of moving the measures up the hierarchy results in final numbers different from the Plan. Then, change the Plan, because the bottom-up measures development is usually more reliable than the Plan. Consider this step to be one more iteration of the planning process. | |
| Segments of unity | The components to be considered within enterprise unity are: • Individual accountability (see Performance Monitoring) • Unified communication (see below) • Information flow (see below) • Departmental accountability (see above) • Financial accountability (see below) • Reward fairness (see Employee Incentive Program) |
|
| Unified communications | All of the following make up truly unified communications: • Painless meetings (see Books) • Problem solving councils (see Books) • Problem-solving teams (see Books) • Weekly group meetings • Executive committee meetings • Board meetings |
|
| Financial accountability | 1. Ascertain strategic financial role of each department. 2. Apply expenses only for items over which they have direct control. DO NOT ALLOCATE EXPENSES. The group either has full control or none at all. 3. Assign common expenses to a common expense handler – Admin, Ops, etc. 4. Show profit for the unit over which that unit has control. 5. Combine all the department profits (or losses) for consolidated corporate profits. |
Table 1.2. Corporate Accountability component - Enterprise Unity