How to avoid Wells Fargo goal-setting problem (that resulted in the “fake accounts scandal”) involves addressing commonplace organizational goal-setting practices that can lead to unhealthy, if not destructive, behaviors.
Wells Fargo’s goal-setting practice led to a “fake accounts scandal” that cost the company $3 billion in payment to the Department of Justice and the Securities and Exchange Commission.
The Wells Fargo “playing the numbers game” issue is more than simply setting appropriate organizational goals.
The problem is that traditional table-of-numbers, red-yellow-green scorecards, and KPI reporting do not track metrics from a process-output point of view and encourage process improvement to enhance future metric responses.
The system and software described in our “Systems and Methods for Measuring and Reporting Enterprise Performance and Making Process Improvements” patent resolves this metric reporting and process improvement shortcoming.
How to avoid Wells Fargo goal-setting problem in an Organization
The following describes the benefits of Smarter Solutions’ Integrated Enterprise Excellence (IEE) system and its Enterprise Performance Reporting System (EPRS) software.
- What does the Integrated Enterprise Excellence System solve?
- Patent: Systems for Reporting Enterprise Performance and Making Process Improvements
- Integrated Enterprise Excellence (IEE) Business Management System Software
Smarter Solutions’ Passion and Desire
Smarter Solutions is passionate about helping organizations benefit from implementing the patent-described system, i.e., how to avoid the Wells Fargo goal-setting problem and more.
Smarter Solutions is seeking.
- An alliance with a leading thinking consulting company that wants to help their customers enhance their metric reporting and process improvement efforts
- Conversations with leading thinking leaders who want to take their organization to the next level in profitability and improved customer satisfaction
Contact Us through an e-mail or telephone call to set up a time for a discussion on how your organization might gain much from an Integrated Enterprise Excellence Business Process Management system. Or, a Zoom meeting can be schedule directly:
E-mail ([email protected]) or call us (+1.512.918.0280), if you encounter difficulties setting up a Zoom session directly or want to schedule another time that is not available in the Zoom-meeting calendar.