Do you know of a company that…
- Has no mission and hence no articulated mission statement?
- Has no vision of where the company wants to be in 20 years?
- Has no values as guidelines to help in decision making?
- Has no council of advisors or board of directors?
- Occasionally sets annual goals but does not review or track them, and soon forgets about them?
- Has no financial plan whatsoever? Does not know its cash flow? Does not have a profit and loss statement or a balance sheet?
- Does not feel accountable to its stakeholders to keep them abreast of significant changes or consult when appropriate?
- Does not have an incentivisation system that promotes the right behaviour?