Adam Bryant, formerly of the New York Times, interviewed Deborah Bothun recently and posted her comments on LinkedIn. Bothun spent 21 years at PricewaterhouseCoopers. The two now owrk together at Merryck & Co, a leadership development consultancy. Bothun explains that she wants everyone in an organization to understand that they can make an impact on the customer, the organization's mission, and the P&L. She explains about the latter in this excerpt:
Another one of my themes is that often people don’t think of their role as having a P&L impact. Everybody’s role ultimately has a P&L impact. No matter what functional area you’re in, you need to be responsible for the commercialization of that organization. Regardless of what you do, you need to understand how what you do drives revenue or drives cost. That way, you become more knowledgeable about the drivers in your area and how they intersect with the drivers of growth in other areas, and you become more integrated into the whole team. And if you can start to think that way, you’re going to have a much better chance of moving in the direction you want.
I'm in full agreement with Bothun. If people at all levels understand how they can make an impact, they can be encouraged and empowered to bring forth ideas for making the organization more successful. People will be more motivated if they recognize the ways in which their work matters, and how their efforts can enhance the organization's overall success.