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How to Use Flow Metrics to See if Your Economies of Scale Offer Value, Part 3

Johanna Rothman

See my pairing, swarming, and mobbing post or the Project Lifecycles book.) Ignorance of the flow metrics. Luckily, the flow metrics help everyone see where the teams have value and where there is just cost. Here are the four flow metrics: WIP: the current number of work items in progress.

Metrics 62
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What is a Healthy Company?

Markovitz Consulting

We can argue over specific metrics, but we’d all agree that we have to account for physical as well as mental/emotional health. As with individuals, there will be disagreement over metrics, but clearly we have to consider financial performance, internal stakeholders (employees), and external stakeholders (community).

Company 124
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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score. “Finance and accounting are very simple. .” “Finance and accounting are very simple. Overcome your fears.

Finance 28
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Why CEOs Can’t Dance Redux

Rick Conlow

A finance executive said this of the decades-old corporate attitude, “We are GM. A global IBM study found that 33% of CEOs had engineering degrees and another 15% had finance degrees. CEOs focus on data, facts, figures, and metrics. The book, The Speed of Trust , by Stephen M.R. Even today, GM has record recalls.

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Compound Errors

CaseInterview.com

In his book Outliers, author Malcolm Gladwell states that most plane crashes are due to a whopping seven consecutive errors. The latter metric allows each shareholder to know how much profit each share of the company produced. They’re almost always due to multiple consecutive errors that result in a tragedy.

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Winning Isn’t Everything: The Art of Playing Well

Tom Spencer

This idea has been echoed by some of the most influential figures in the business and finance world, including Professor Michael Porter, Michael Lewis, and Warren Buffett. Sustainable long term success should be defined not by the immediate outcome of your actions, but by the journey and the principles that you uphold along the way.

Ethics 78
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Project Management Maturity Models: A Basis for Reaching Your Organization’s Business Success

Epicflow

At this level, there aren’t any established project management practices or standards; documentation and metrics are ad hoc. An organization uses basic metrics to track project performance. Project metrics become the basis for making business decisions for the future. . Book a call with our expert. . Want to learn more?