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Control is not just a managerial preference; it's a necessity. Managers are the helmsmen of their respective ships, steering through the ever-changing seas of the corporate world. They require timely data and insights to make informed decisions, creating leverage in their strategies. However, this need for control often comes with an inherent challenge: the balance between maintaining control and managing the overhead involved in implementing processes and systems.
Change is the only constant in the business landscape. Whether it's rapid growth, downsizing, strategic pivots, product launches, or structural changes, these shifts demand increased control from managers. The ability to adapt quickly and effectively is crucial. However, during these times of change, managers often find themselves under increased stress and facing new challenges. Their capacity to invest in the necessary overhead for adding processes diminishes, even as the need for these processes becomes more critical.
A poignant example of this dynamic can be observed in Israeli companies during the 2023 war. In these high-pressure situations, processes are often streamlined or bypassed to facilitate immediate action. Managers dive into the trenches, adopting a hands-on approach to ensure continuity and results. While this strategy is effective in the short term, it risks losing sight of the long-term vision and strategic objectives. It's a clear illustration of the trade-off between immediate control and the sustainable management of a company.
Achieving control in management is not without its costs. It requires mental bandwidth to keep track of necessary metrics and the investment in systems and processes. Building databases, reporting, communicating Key Performance Indicators (KPIs), and setting targets are all part of this investment. This overhead can be daunting, especially when resources are stretched thin during periods of significant change.
This is where TargetBoard comes into play. TargetBoards offers a revolutionary approach, allowing managers to access all their KPIs from day one. It provides a platform where control is enhanced without the corresponding increase in overhead. With TargetBoards, the system works for the managers, not the other way around. It's an ideal solution for managers who need immediate results and leverage, particularly during challenging transitions.