Sign In  |  Register  |  About Mill Valley  |  Contact Us

Mill Valley, CA
September 01, 2020 1:29pm
7-Day Forecast | Traffic
  • Search Hotels in Mill Valley

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Tabetha Sheaver Reveals How To Create A High Functioning Business Scorecard

By: PRLog

ST. LOUIS - Dec. 13, 2022 - PRLog -- Tabetha Sheaver, a highly respected St. Louis based business consultant, and a professional Entrepreneurial Operating System® (EOS®) implementer, says creating a highly functioning business scorecard can not only help ownership stay on track, but also provides a game plan to help the team meet their goals productively and efficiently.

"Business owners know they should have some numbers or key performance indicators to make decisions.  But just knowing the numbers and continuing to make decisions from feelings, emotions, and gut feel, is totally different than creating a highly functional scorecard," Sheaver said.

"It's like coaching a hockey team and realizing you need to score five goals to win. But you never look at the scoreboard and realize you have dozens of shots on goal but the score is only 1-0. So what behavior do you adapt at that point and what adjustments do you make? The right scorecard provides the proper metrics to help you make the right decisions."

Sheaver said a properly designed scorecard drives team behavior with measurements to achieve the desired outcome. It also helps ownership let go of the vine. "Owners know they will have the vital data at their fingertips to help prevent the company from going off the rails. A good scorecard also helps the CEO with accountability, designating who exactly is responsible for each specific objective, so it doesn't always fall on them."

According to Sheaver, building the right scoreboard begins in the planning process. "First think about your ownership style and get clear on the story that helps you make decisions and identifies problems."

"Then reduce those down to the 5 – 15 that give you a level of comfort," she adds. "Create a line for each and ensure there is a clear 'owner' as well as a weekly goal for each objective. Finally break down your goals into weekly measurement periods, not monthly which is much too late to take preventative action."

Sheaver emphasized the most important part of a great scorecard is reviewing it weekly and analyzing if the metric is being met or not. "If the weekly metric isn't reached you've got to drop it down to the issues list, determine the root cause, and adjust. This is where a highly detailed scorecard separates itself from just a sheet listing your annual goals. It becomes a vital tool to the success of your operation."

For more visit https://tabethasheaver.com.

About Tabetha Sheaver
The host of the Breaking Through Biz podcast, Sheaver is a long-time entrepreneur and business owner. In addition, she is an award-winning consultant and highly skilled professional in change management, as well as a Certified Project Management Professional (PMI), Certified Change Management Professional and Certified Mediator. For more information visit https://tabethasheaver.com

Photos: (Click photo to enlarge)

Tabetha Sheaver Facilitates Strategic Session Tabetha Sheaver's new website Tabetha Sheaver Discusses EOS

Read Full Story - Tabetha Sheaver Reveals How To Create A High Functioning Business Scorecard | More news from this source

Press release distribution by PRLog

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 MillValley.com & California Media Partners, LLC. All rights reserved.