Sunday, August 19, 2012

Cox Business Consulting | How to Pick Good Metrics

Posted by Tom on Leadership on Saturday, August 18, 2012

For every leader who loves numbers, there is a skeptic. They both have points ? without measures, we cannot tell how we are doing, yet many metrics seem arbitrary or measure the wrong thing.? Meanwhile, often the right goals seem immeasurable. To make the best use of metrics in managing a team or an entire business, take the best of both perspectives.? Here?s how. Just Start Measuring Consultant and former CEO Jim Grew says you should just start measuring things, without worrying too much at first about what they are.? If you expect your metrics to evolve, you won?t get caught up in the ?perfection? trap. ?It is better to be approximately right than precisely wrong.? ? Warren Buffett Start measuring, in order to create a habit around measuring.? Once people cannot escape all measures, they?ll start to push to improve the measures.? And the flaws in your metrics will [...]

Categories: Articles

Source: http://coxbusinessconsulting.com/2012/08/18/how-to-pick-good-metrics/

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