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Tesla Shows How Traditional Business Metrics Are Outdated

Harvard Business

At the core of the confusion over a company like Tesla is that traditional business metrics are outdated and can create overconfidence or underestimation. Classic metrics like market penetration and market share, which many leaders are measured on, are the very things causing us to miss market opportunities and threats.

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Servant Leadership: Principles, Popularity, and Payoff

Rick Conlow

Marriott International: Marriott International is a global hotel chain recognized for its commitment to servant leadership. Set goals and metrics: After your assessment, with an open mind review your strengths and weaknesse. It is important to also set goals and metrics for implementing servant leadership.

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Purchasing Managers Have a Lead Role to Play in Cyber Defense

Harvard Business

Other firms, including Starwood and Hilton Hotels, lost customer data when their common point-of-sale system (Oracle’s Micros platform) was compromised. Traditionally, procurement professionals’ key performance metrics have revolved around cost reductions, quality, and assurance of continued supply. They should be.

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Your Mobile Strategy Can’t Just Be About Phones

Harvard Business

Make sure to use the right metrics when measuring success and identifying areas for growth. Repeat usage or transactions completed may be more meaningful metrics than time spent for a productivity app like Dropbox or a travel app like Alaska Airlines. What cross-channel customer behaviors can mobile help impact and influence?

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Consultant Ninja: Signs of Crunch Time: Management Consulting Blog

Consultant Ninja

Countdown metric unit shrinking. ["96 Reads just like a déjà-vu of my last crunch time on a project, minus the wife, plus irritated friends ("wtf, do you know that it is 1am?" - "but you said to call you when I get to the hotel, didnt you?"). Client timeline shortening. Lets shoot for a Wednesday draft"] Partner involvement growing. ["I

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How to Navigate a Digital Transformation

Harvard Business

This will require reporting on new metrics. Dashboards usually include metrics such as number of interactions on your digital platform (sales or other), number of active network partners, value created, for both the firm and its partners, and the overall sentiment of the network regarding its collaboration.

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Salespeople Need a Strategy for Selling to CEOs

Harvard Business

Conversely, an improvement in manufacturing or supply chain processes often affects sales tasks — and it’s not an “improvement” if it hurts sales while optimizing another group’s performance metrics. The salesman was successful because he knew what Magnuson needed and provided insights about his hotels.