Assess sustainability and exceed ESG thresholds

ESG refers to a set of factors that are used to evaluate the sustainability and ethical impact of a company or investment. Organizations need to look into ESG scores to make sure of their competitiveness on sustainability dimension. fruiStrategy helps you to perform ESG assessment and connect with the strategy execution.

The Environmental factor considers a company's impact on the environment, such as its carbon footprint, waste management practices, and natural resource consumption. The Social factor considers a company's impact on people, including its relationships with employees, customers, suppliers, and the broader community. This includes factors such as labor practices, human rights, diversity, and community involvement. The Governance factor considers a company's leadership, transparency, and accountability. This includes factors such as board composition, executive compensation, and shareholder rights.

ESG is used by investors to evaluate the sustainability and ethical impact of their investments. Companies that perform well on ESG factors are to be more sustainable and socially responsible, which can translate into better long-term financial performance.

fruiStrategy has the questionnaire for three components of environmental, social, and governance dimensions. The scoring criteria can be set and survey can be conducted as part of the strategy execution. ESG is very much part of strategy management and fruiStrategy facilitates the strategy managers to perform proper assessments.

Achieve Strategy Focused Organization status

The Execution Premium Methodology (XPP) is a framework developed by Robert S. Kaplan and David P. Norton, the creators of the Balanced Scorecard, to help organizations achieve their strategic goals. One of the key components of XPP is the Strategy-Focused Organization (SFO).

An SFO is an organization that has fully integrated its strategy into its daily operations and decision-making processes. It has a clear understanding of its strategic objectives and how to achieve them, and its employees are aligned around a common set of goals and metrics.

To become an SFO, an organization needs to follow the XPM framework, which involves four main stages:

Develop the Strategy: This involves creating a clear and compelling strategy that is aligned with the organization's mission and vision.

Translate the Strategy: This stage involves translating the strategy into a set of objectives, measures, targets, and initiatives that can be easily understood and implemented by all employees.

Align the Organization: This stage involves aligning the organization's resources and activities with the strategy by communicating the strategy throughout the organization, cascading objectives down to individual employees, and linking rewards and incentives to performance.

Execute the Strategy: This stage involves implementing the strategy by monitoring performance, taking corrective action when necessary, and continuously improving the organization's processes and capabilities.

By becoming an SFO, an organization can achieve superior performance and sustainable competitive advantage by focusing on its strategy, aligning its resources and activities, and executing effectively. fruiStrategy helps you to perform SFO Assessments regularly with strategy transformation team and key stakeholders and arrive at the scoring which can be used to know the overall progress of the organization as far as strategy transformation is concerned.

Know BSC Score to know overall trend of performance

The balanced scorecard has strategic objectives and measures. fruiStrategy help you to give weightages to the strategic objectives and measures. The weighted score can be consolidated at the objective level, theme level, and BSC level. This gives you an idea of the overall score for BSC which can give you one number to see the performance progress.

This is important to have the SFO assessment done usually quarterly during the initial phase of balanced scorecard implementation and then by half yearly to know the overall SFO direction.

Overall PMO Score to help you to understand the overall performance

fruiStrategy helps you to have the scores for portfolios and see how the overall portfolio is progressing. The overall weightages of projects and programs can be assigned and based on the actual progress the overall score can be defined.

To arrive at program score, the performance of individual project can be multiplied by the weightages and the overall score can be calculated.

fruiStrategy helps project managers to know the overall project progress in terms of cost, schedule, and scope. The weightages of the individual project as part of master data definition can be used to arrive at the overall progress of project with a single score.

Assess Organizational Health Index to define the priorities

The Organizational Health Index (OHI) is a tool developed by McKinsey & Company, a global management consulting firm, to help organizations assess and improve their overall health and performance. The OHI is based on extensive research that identifies nine key dimensions of organizational health that are critical to success:

Direction: The extent to which employees understand the organization's vision, mission, and strategy.

Leadership: The effectiveness of the organization's leaders in setting direction, inspiring others, and creating a positive culture.

Culture and climate: The values, beliefs, and behaviours that shape the organization's culture, and the overall climate of the workplace.

Accountability: The extent to which employees are held accountable for their performance, and the clarity of performance expectations.

Coordination and control: The effectiveness of the organization's processes and systems for coordinating activities and managing risks.

Innovation and learning: The organization's ability to innovate, learn from experience, and adapt to change.

External orientation: The organization's ability to understand and respond to customer needs, market trends, and competitive pressures.

Capabilities: The organization's overall capabilities, including its talent, technology, and infrastructure.

Motivation: The level of employee motivation, engagement, and commitment to the organization's goals.

The OHI is typically administered as a survey to employees at all levels of the organization, and the results are used to identify strengths and weaknesses in each of these dimensions. Organizations can then use this information to develop targeted interventions to improve their overall health and performance. By using the OHI to assess and improve their organizational health, organizations can create a more engaged and productive workforce, improve customer satisfaction, and achieve better financial performance over the long term.

fruiStrategy can be helpful to create a survey content for OHI if you are using McKinsey & Company methodology and conduct surveys. The result can be linked to strategy execution and value gap closures.