Why every organization should apply ICR as a critical success factor

ICR 3 Score in the ICR Growth Compass

Why Every Organization Should Apply ICR as a Critical Success Factor

Predictive

ICR is a predictive indicator of success

Reference point

ICR is a reference point for improvement

Reflects quality

Reflects quality of the business plan

ICR growth compass as predictive value for your organization

On Track with the ICR Growth Compass

  • helps ensure you're on track to achieve your entrepreneurial ambitions
  • guides you from ambition to results using the ICR growth compass for success
  • the ICR (InControlRating) is a measurable, predictive indicator in this process
  • the ICR is calculated from the ICR growth circles, areas of responsibility, and objectives
  • it reflects the quality of your organization's dynamic business plan
  • it serves as a reference point to assess your current position and identify areas for improvement

Every organization should apply ICR as a critical success factor

Why Every Organization Should Apply ICR as a Critical Success Factor

  • the ICR growth compass is also a communication tool, sharing the organization's strategy, progress, and performance with stakeholders
  • it assists in defining long-term strategy by setting goals and priorities at all levels of the organization
  • using measurable indicators, the ICR growth compass monitors performance and predicts goal achievement
  • provides feedback to assess performance and identify any deviations from the set course
  • encourages a culture of continuous learning and improvement through data-driven best practices and enhancements

ICR 3

Predictive value

With an ICR 3, the likelihood of sustainable growth and success is moderate.


Contribution of performance to realizing ambition

Overall performance is expected to contribute to translating ambition into results, but further improvements are required to achieve this effectively. There is still significant improvement potential within the organization.


Overall vulnerability of the organization

An ICR 3 indicates an organization that is reasonably structured but still vulnerable. A noticeable amount of value is likely lost within its sphere of influence, and the likelihood of unexpected setbacks remains considerable.


Application of ICR growth principles

The organization is likely to demonstrate:

  • a reasonably consistent focus across activities
  • developing team intuition
  • a growing commitment to continuous improvement

  • increasing focus on being in control and financially healthy

  • a developing focus on results-driven performance


Risk

The risk that the process from ambition to results will not be successful is insufficiently mitigated.

The Predictive Value of the 5 ICR scores

ICR 1 score in the ICR growth compass

ICR 1

With an ICR 1, the likelihood of sustainable growth and success is very high.
ICR 2 score in the ICR growth compass

ICR 2

With an ICR 2, the likelihood of sustainable growth and success is high.
ICR 3 score in the ICR growth compass

ICR 3

With an ICR 3, the likelihood of sustainable growth and success is small.
ICR 4 score in the ICR growth compass

ICR 4

With an ICR 4, the likelihood of sustainable growth and success is very small.
ICR 5 score in the ICR growth compass

ICR 5

With an ICR 5, the likelihood of sustainable growth and success is extremely small.

Why did we start with ICR?

  • Entrepreneurs play a crucial role in our economy, constantly taking risks.
  • Unfortunately, this often comes at the expense of their work-life balance, leading to stress and unrest.
  • A major cause of this unrest is the lack of knowledge and skills, which should no longer be an issue today.
  • Our mission is therefore to help entrepreneurs and organizations find balance and peace, through controlled and manageable growth, with the goal of a healthy and sustainably successful organization.
  • We do this through the all-encompassing ICR Cycle as included in the ICR Growth & Success SaaS Platform.