4P Troubleshooting Undesirable Outcomes

When you are not getting the results you expect, start your troubleshooting process by looking at the People, Principles, Process, and Practice.

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Question first whether the Expected Outcomes qualify as S.M.A.R.T. and especially if they are still the most relevant at this point in your growth cycle.  

Leadership Tools: 4Ps of Troubleshooting Undesirable Outcomes.
  • Principles: “As to methods, there may be a million and then some, but principles are few. The man who grasps principles can successfully select his own methods. The man who tries methods, ignoring principles, is sure to have trouble.” - Harrington Emerson  

  • Process: Do the processes, tools, and training support the strategies and principles, while leading toward the expected outcomes with minimal waste? Will they yield consistent outcomes without over-burdening the team? 
     
  • Practice: Are the processes, including each step and hand-offs, practiced deliberately with feedback for each cycle to ensure consistent outcomes?   

As you are troubleshooting, ask yourself constantly whether the problem is about knowing or doing, while reconciling and aligning what is in your control.




Key Drivers of Value
Valuation is a very critical factor during ownership transitions because it has to be a number that fairly represents the value of the business for the outgoing owners while providing a solid return for the buyers.
What Must Be True...
Asking the right strategic questions will ensure profitable growth in all economic conditions. Daily operational management is about adapting to what is currently true. Effective executive leadership creatively bridges the gap between the two.
Definition - Standard
Level of Performance required. May relate to a job role (person), team, company, materials, equipment, facility, etc. Required by business model as part of achieving strategic objectives.