Patrick Lencioni is his latest book, The Advantage, provides his perspective on why “organizational health trumps everything else in business”. Separately we have also been hearing how the well-being of an organization’s employees is critical to its success. These are two separate yet overlapping considerations that really speak to the heart of how businesses will grow and flourish in the future. Let’s review these two types of health.
Lencioni mentions a 4 discipline approach which at its core is a cohesive leadership team along with absolute clarity. One could also expand on this is more practical terms from the point of view of financial, product and market strength. In truth, a healthy business might be best described as one that contains:
- Strong Leadership
- Strong Financials
- Strong Products
- Strong Markets