II. THE FORE FACTORS REPORT
Vision, Courage, Intellect & Skills, capture the four dimensions of human endeavour that drive enterprise value creation
Vision
Intensity of focus on capacity building for long term growth through capital raising
Vision is Ambition and Purpose combined. It reflects the commitment of the Board to stay invested to achieve its long term aspiration. It also reflects the Board’s confidence in the business and the capability of the Board to raise capital to achieve its vision.
Vision index reflects the intensity of focus and follow through on stated Vision, review and renewal of Vision at leadership levels
Higher the Vision index, the stronger the purpose and ambition to build an organization into perpetuity.
Intellect
Intensity of focus on commercial success through application of strategic thinking and commercial acumen
Intelliect refers to the ability to build and sustain profitable business models. It reflects a deep understanding of and control over the drivers of value creation.
Higher the Intellect index, greater the commercial acumen, greater the focus on product mix and pricing, stronger the competitive intelligence, stronger the internal controls, checks and balances, sharper the eye on cost structures.
Courage
Intensity of focus on market place success through customer centricity and product-market fitment
Courage is the boldness to take a bet on growth and compete in the marketplace. It is the fearlessness to try new sales and marketing approaches including new products, markets and variants take on competition. It also indicates the commitment to invest in building new capacities and capabilities required to ensure long term growth
Courage index reflects depth of consumer insight, market share focus and Product – Market portfolio choices.
It reflects both utilization of existing assets / capacities as also the foresight and commitment to build capacity for future growth.
Higher the Courage score , stronger is the drive and focus on growth, greater is the ability to scale up and deeper the talent pipeline in sales and business development
Skills
Intensity of focus on functional excellence through managerial skill building
Skills refers to the maturity level of managerial skills and bandwidth within the organization. It indicates commitment to high performance standards, eye for detail, continuous enhancement of people and process capabilities and a culture of meritocracy and innovation
Higher the Skills index, stronger the role and goal clarity in the organization, greater the stability and predictability of operating processes and stronger the focus on people and process capability development
