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Accountability Chart Mastery | Why Mastering This Tool Leads to Organization Success (Part 1 of 6)

Accountability Chart Mastery – why mastering this tool leads to organization success.

Accountability Chart Mastery – why mastering this tool leads to organization success. If your community bank, credit union, or non-banking business runs on the Entrepreneurial Operating System ( EOS®) (or even if you don’t), the accountability chart is one of the most powerful tools to getting what you want from your business.

When we speak about Accountability Chart Mastery, we are talking about your organization’s accountability chart, not someone else’s or a mythical “ideal’ accountability chart. This is the one you and your senior leadership team will be using every day to both drive accountability across the organization and decide who or which area is responsible for business functions.

What is the Accountability Chart?

The accountability chart, as opposed to the organizational chart (or org chart), is a listing of high level critical business functions (accountabilities) and where they fall into the organization. An org chart is a listing of which positions report to whom and typically has very little to do with accountabilities, but more with human ego. The goal in creating an accountability chart for your organization is to remove the human ego from the equation and focus on what the accountabilities are and where in the organization they happen.

Accountability Chart versus Org Chart
Accountability Chart versus Org Chart

As you and your senior leadership team build out the accountability chart for your organization, keep in mind that as you remove the human ego (on the org chart) and start transferring it over to the accountability chart, things can get a bit intense. Protected people and those who are not accountable for anything show up quickly (in EOS terms, we call this right people in the right seats, or getting the right people on the bus as defined by Jim Collins in his must read book, Good to Great). As time goes on, the senior leadership team will become accustomed to the new accountability chart and start to view the org chart as something which held them and the organization back.

In part two, we’ll highlight a few stories about how different organizations developed their accountability charts.

Resources:

Does Your CIO or IT Leader Understand Your Corporate Strategic Plan?

Does your CIO or IT leader understand your corporate strategic plan?

Does your CIO or IT Leader Understand Your Corporate Strategic Plan? I love IT people. They are talented individuals who have a gift to understand technology and “how things work” behind the scenes that not many people have. And we also know that their number one gift is usually not communications nor being “touchy/feely” type people. From experience, being married to an IT person, having been an IT Director for a nonprofit and a community bank, plus having managed many IT personnel through the years, I have learned how to communicate with them and also how to engage them in the strategic discussions of the organization.

“IT people" as we call them, are very smart people but so are the rest of us. In many corporations, there is a noticeable gap in communication between the leadership team and the CIO. This manifests itself in the gap between the corporate strategic plan and the technology strategic plan—if there is one in place. For example, if your institution wants to grow 15-20% in assets in the next fiscal year, do you have the technological infrastructure to support that growth? How soon do you start planning for the continuous growth you are projecting in your strategic plan? What type of infrastructure (both physical and logical) do you need? Do you have the appropriate security controls in place to handle new customers and to offer brand new products or services? Do you have an enterprise risk management risk assessment process in place that incorporates how the new technology will or could impact the organization?

These and many other important questions need to be part of your risk assessment and strategic planning process in order to coordinate and have an integrated IT infrastructure to support your organization. To bridge the gap, therefore, IT professionals need to learn corporate talk, company politics, become very familiar with the company’s strategic plan/goals. At the same time, the leadership team needs to learn about technology—not only what systems they need to run their companies but also what type of technology would benefit their company most in order to ensure continued success.

Communication is the crucial component for a successful marriage between IT and the company’s strategic plan. Including the IT Director/CIO (or whatever title you choose for your company’s IT leader), is key to successful communication. Once the IT leader understands the needs of the company, where the company is going, and feels like a valuable team member, he or she will come up with the right technology solutions to support the company. Your IT strategies will then align with the company’s strategies

The IT infrastructure of a company is the foundation of the organization and all the pipes/framework have to be in place correctly—and from the start—just as you build your own home. I used to tell my team, “Our pipes can be full of customers but if our pipes are broken, we’re all going home!” Meaning, the sales staff and processes are just as important as the organization’s infrastructure. We’re all in this together and are part of one team, one company!

The IT Security Program includes having a strong IT Strategic Plan, which in turn should be integrated with your overall company’s Strategic Plan.

Books by Marcia Malzahn