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Using the Right Performance Metrics: Watch out for P&Ls

Kates Kesler

Metrics serve as a powerful motivator and unfortunately, are often perfectly designed to drive sub-optimal results. In team sports, measuring vital, non-point metrics and de-emphasizing individual metrics is not a new concept. For a simple comparison, consider this sports team analogy.

Metrics 100
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Better Performance Improvement Plans

LSA Global

Do your managers know how to set clear goals and success metrics with their teams? Is your performance improvement process designed to be a constructive and collaborative process that helps employees to overcome their challenges and achieve their full potential? termination, demotion, or other disciplinary actions).

Culture 69
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Don’t Be Tyrannized by Old Metrics

Harvard Business

While effective metrics are essential for focusing attention and achieving results, they can also overpower better sense. Most industries cower to a few central metrics, the yardsticks that define the winners and losers. Metrics tried and proven over years become a guide to what’s important, driving resource allocation.

Metrics 28
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Are You Data-Driven or Data-Informed?

Johanna Rothman

I delivered a webinar called Agile Metrics for Team and Product Progress last week, thanks to the nice folks at Innovation Roots. One person gave me a new saying about metrics (at the end, during the Q&A): Are you data-driven or data-informed? We can, for certain kinds of products or services. You may still do so.

Data 41
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Effective Decision Making Process: A Blueprint for Better Decisions

LSA Global

The decisions were not trivial; they focused on high stakes decisions such as new product launches, company restructurings, and market expansions. Because diverse perspectives and constructive debates are required to thoughtfully and fully flush out the pros and cons required to make well-rounded decisions.

Culture 36
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LSA Global Delivers People Team Prioritization Session to Combat Massive Change

LSA Global

New strategies, competitive pressures, leaders, products, and approaches. People Team goals , roles, success metrics, and interdependencies were unclear and misaligned. Having constructive debate in a safe environment. The highly customized executive strategy session focused on: People feeling heard, understood, and appreciated.

Talent 36
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We Can’t Study Short-Termism Without the Right Metrics

Harvard Business

However, higher accruals can reflect either innocuous aspects of certain business models, such as in the construction industry, where the time lag between earning income and realizing cash is long, or that growing firms retain higher working capital to meet greater current and future customer demand. Corporate culture.

Metrics 31