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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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It’s Time for Companies to Be Strategic About Energy

Harvard Business

Last year, networking giant Cisco Systems worked with one of its contract manufacturers in Malaysia to deploy 1,500 energy and temperature sensors on its manufacturing equipment. As Kern put it, “We always manage costs so closely, but we weren’t really measuring energy — we didn’t know how much we spent!

Energy 28
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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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The Impact of Carbon Taxation on Supply Chains in China

Comatch

From an operational and supply chain perspective, many companies have focused on tracking their operations and assets (Scope 1) and their own purchased energy electricity, heating, cooling, etc. EU importers and non-EU producers of these inputs will be required to pay around 75 EUR per metric ton of CO2 emissions.

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Revitalize Your Vision for 2021

Makarios Consulting

To establish an engaging vision for your company, we recommend using eight key questions delineated in the Entrepreneurial Operating System ® (EOS®): What are your Core Values ? It is energy. You want to get all your people headed in the same direction, and you want to fill them with life and energy to take on the journey joyfully.

Metrics 52
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Revitalize Your Vision for 2021

Makarios Consulting

To establish an engaging vision for your company, we recommend using eight key questions delineated in the Entrepreneurial Operating System ® (EOS®): What are your Core Values ? It is energy. You want to get all your people headed in the same direction, and you want to fill them with life and energy to take on the journey joyfully.

Metrics 52
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We Shouldn’t Always Need a “Business Case” to Do the Right Thing

Harvard Business

Metrics Are Not Your Friends. A growing body of evidence shows that ethical companies outperform financially over time , but trying to translate such a broad finding into the short-term planning metrics used by most businesses is perilous. They are less subject to short-term operational pressures, and accordingly less risk-averse.

Ethics 42