FACTS Methodology
An integrated, holistic system, enabling a continuous cycle of improvement, which:
- Is based on the widely influential and highly effective Balanced Scorecard
- Unites the entire organization to achieve common goals
- Focuses on customers, financials, processes, and organizational capabilities
- Establishes accountability at all levels and facilitates corrective actions
- Ensures repeatable performance to achieve sustained breakthrough results
- Leads to sustainable growth through the execution of the 5 steps: Focus efforts,
Assess processes, Corrective actions, Track progress, and Systemize communication
and accountability
FACTS Methodology Steps:
F
Step 1: Focus Efforts
is the process of driving the whole organization toward a common goal.
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A
Step 2: Assess Processes
is the methodical identification of the road blocks that stand in the way of a company
achieving its business goals — and then defining the way to remove and move past them.
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C
Step 3: Corrective Actions
are systematic methods that enable an organization to proactively identify weaknesses
in the organization and its processes, and address them.
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T
Step 4: Track Progress
is a way to monitor a business' health, through the use of carefully selected,
and balanced, Key Success Factors. Read More
S
Step 5: Systemize Communication & Accountability
is a well defined process whereby achieving the company's goals becomes everyone's
job — delivering sustainable growth. Read More