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.

D. Brown Management

September 10, 2023 1 minute read

EXAMPLE

The prerequisite to join the U.S. Marines is running 1.5 miles in 13:30 for males and 15:00 for females.

LEARN MORE

Definition - Standard

Building a project requires knowledge of, and skill in using thousands of construction-specific definitions, acronyms, and metrics. Building a business including the development of people has its own vocabulary forming the foundation of communication....

Previous Next Go To Series

Related Insights Series

Definition - Standard

Previous Next Go To Series

Related Insights Series

Succession Readiness at All Levels

Succession goes far beyond ownership transitions every generation or two. Succession readiness at all levels is what allows contractors to grow profitably and safely. How would you evaluate succession readiness across your team?

Organizational Development succession Talent Value Stream (TVS)

Degree of Discretionary Time with Growth in Role Levels and Business Size

The degree of discretionary time that someone has in doing their job grows with their role level - for example from crafts person to VP of Operations. For similar roles, that time decreases with company growth as the job roles become more tightly defined.

project management Talent Value Stream (TVS)

Internal Promotions and External Recruits (Target Ratios)

Having the right ratio of internal promotions and external recruits at different levels of the company is critical for growth and succession. Use these target ratios, rationale, and qualifiers to evaluate your Talent Value Stream (TVS).

recruiting talent