High performing organisations – does this sound like you?

raft raceWe were undertaking a review of what we had seen and learned over the last year, and one of the main developments was the emergence of organisations achieving P3M3® level 3 and 4 ratings.

There have been some interesting discoveries about the characteristics of these organisations, beyond what we had anticipated. Some of the characteristics took us by surprise as they were more around moods and behaviours that were less tangible, we could almost “feel” the positive energy.

We have analysed dozens of organisations through our work with P3M3. We thought it would be useful to share some of the characteristics of those that stand out from the crowd, in no particular order.

  1. Self critical and restless: Organisations that are on the improvement projectory are continually dissatisfied and impatient, they are looking at where further improvements can be made and willing to take risks to achieve better performance.
  2. Learning organisations: They do not pay lip service to learning lessons and most importantly, they do not wait for a failure before looking for the new opportunities, they will analyse successes as well to differentiate performance from luck
  3. Measuring performance: They don’t just gather data in reports for the sake of it, they analyse it and use it to being good enough is rarely enough, they analyse their data and turn it into an asset.
  4. Educating their people: They don’t just send them on courses, they seek to develop their knowledge to underpin performance improvements from increasing confidence as part of a professional development strategy.
  5. Respecting assurance: They see this as an opportunity to avoid unnecessary failure and an opportunity to learn. Many organisations pay lip service to this and are grateful for a non-critical report, the high performers are much more demanding.
  6. Curating knowledge: They see knowledge as the foundation of power to improve and to do this they will implement tools and systems that enable them to not just store information but to interrogate and proactively broadcast it to an organisation that is listening.
  7. Clear lines of authority: Enable them to make the right decisions at the right time, sometimes they may be bound by their industry and regulation but they will have optimised themselves to function as best they can.
  8. Knowing their own limitations: They will know their limits of capability and competence, this will enable them to make balanced risk based judgements so that they do not get out of their depth unexpectedly.
  9. Committed leadership: They will have leaders who are committed believers, they will provide support and encouragement to teams to follow the proven working practices, but they will flex and adapt when needed. Lower performing leaders abandon proven practices and panic when trouble threatens or stick to them rigidly.
  10. Standing on the shoulders of giants: They don’t make the same mistakes as others, they investigate the solutions to problems and use proven solutions rather than inventing their own routes to failure through guesswork.
P3M3® is a [registered] trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

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