Build Wise

Avoiding Frankenstein and Fiefdoms: Using Data as a Strategic Asset in Capital Construction Programs

Avoiding Frankenstein and Fiefdoms: Using Data as a Strategic Asset in Capital Construction Programs

Just because you have data doesn’t mean you’re using it as a strategic asset.

That’s an important distinction. We observe some organizations believe that just because they have enterprise applications, codified processes, and collect heaps of data that they’re exercising all of their enterprise assets to achieve their strategic goals. And yet they aren’t.

Let’s explore why.

Scrapped Bonuses, Grew 40%

Scrapped Bonuses, Grew 40%

Most of us have been taught to believe incentive-based compensation (“bonuses”) to be an essential management tool. The widespread use of this in almost all industries around the globe is a testament to how entrenched a concept it has become. Enstoa tested this theory in 2013 by scrapping bonuses and can now confirm the practice is useless, even harmful. We grew revenue-per-employee by 40% within four quarters of making the change. It wasn’t an anomaly—our 2015 growth is solid and 2016 looks good.

Enstoa’s Gender Diversity Goal is 50/50

Enstoa’s Gender Diversity Goal is 50/50

As a tech company, how does Enstoa engineer in innovation and dynamic thinking? We strive to create teams made up of individuals that don’t think the same. We like our teams to consist of individuals with different backgrounds, ideals, anxieties, experiences, and personalities. We fear group-think and have a core belief that heterogeneous teams always outperform homogeneous teams.