run a business successfully with the facta principles

FACTA | TEAMS | PERFORMANCE | GROWTH | RESULTS

The FACTA principles

A practical approach to creating high-performing teams

A practical approach to creating high-performing teams

Workfacta Author logoWorkfacta
Published 08/12/2021

Where does our name come from?

Running a business requires complex moving parts working well together. Giving these parts structure is the key to unlocking success and growth. That’s why our founder, Adam, created the acronym FACTA, a set of principles underpinning business success, to keep your goals, processes and teams aligned to what matters. These principles are also the foundations of our business philosophy and are at the heart of everything we do.

Our name comes from the contraction of “Work” and “FACTA”. The Acronym FACTA stands for:

  • FOCUS
  • ALIGNMENT
  • COLLABORATION
  • TRANSPARENCY
  • ACCOUNTABILITY

When you adopt the FACTA principles in every aspect of your business, you commit to creating high-performing teams.

With the FACTA mindset, your teams gain:

1. Clearer Focus to mobilise result-driven efforts faster

The Workfacta Platform offers a step-by-step process to goal-setting, meeting, and execution to encourage focus where it needs to be and stop your teams from kicking the can down the road.

2. Improved Alignment to create a cohesive vision for the whole organisation

Workfacta’s planning section clearly lays out the company’s goals and links each team’s actions to an objective. Synchronising objectives and operational execution accelerate results.

3. Increased Collaboration to foster teams’ engagement, speed and improve decision-making

A well-coordinated workplace directly leads to quality outcomes and higher employee satisfaction. With Workfacta, your teams have the same agenda. They are encouraged to discuss and problem-solve at each meeting and planning review.

4. Greater Transparency to encourage cross-functional, top-down, and bottom-up alignment

Creating high-performing teams requires that all parties and processes work in unison. We believe that transparency is vital in building lasting business relationships and an outcome-driven culture. That’s why our Platform promotes impactful meetings (goodbye time wasted meetings!), actions and discussions lists that everyone can contribute to.

5. Better Accountability to boost performance and motivate high-performing teams

Accountability is vital to any company’s success: it bolsters a workplace culture of delivering on promises and taking responsibility for actions. That’s why the Platform integrates features that link results to goals to hold teams responsible for their own success.

Workfacta’s features seamlessly weave these principles in the Platform through its workflows. By using our software, you’ll be adopting the habits of high-performing teams without even noticing it!