There are three core principles behind Wave’s transformation, and they factor into every decision we make: clarity, efficiency and accountability. These principals have been instrumental in my prior leadership roles and are essential in establishing a cohesive framework on which to execute our business and achieve our financial goals. I define them as follows:
- Clarity of vision and direction of the company and the roles and responsibilities of each of its employees.
- Efficiency in the application of our technology, partner, personnel and financial resources to achieve our goals and deliver the greatest benefit.
- Accountability of each and every Wave employee, consultant, project and initiative for achieving agreed-upon goals, with a related management commitment to deliver required support or corrective actions should performance fall below targets.
With those core concepts in mind, I would like to review the major steps we have taken over the past eight months in repositioning Wave toward our goal of commercial success.