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

Kates Kesler

We regularly work with CEO’s that are frustrated with leader behaviors that undermine enterprise strategy. Simple financial measures, like P&Ls, are an effective way to visibly drive leader accountability, yet they frequently do not match the complexity of today’s strategies. Assume you are the coach of a basketball team.

Metrics 100
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Socialism May Work in Sports but Not in Business

Martinka Consulting

In the NFL, and other pro sports, the league has a salary cap that teams must adhere to. If we ignore sales and marketing strategies business will eventually disappear. Good metrics make a difference. Banks are in business to be paid back and have their own metrics, which borrowers must meet or exceed. 600 or higher.

Sports 40
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Tesla Shows How Traditional Business Metrics Are Outdated

Harvard Business

Tesla just delivered its first Model 3, the affordable model that he envisioned in his “secret” strategy some 11 years ago. He wanted to build a sports car, then build a more affordable car with zero emissions. We don’t need to throw out all classic business metrics. Laura Schneider for HBR.

Metrics 28
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Premium Tickets: Perception + Utility = Opportunity

Wakeman Consulting Group: Dave's Blog

This is important: Sports teams have lived on long-term premium contracts for a long time. While also heavily investing their attention in the sport and the team. Three, it is easier to focus on “impressions”, “engagement”, and other easy to measure metrics. We talked about awareness, pricing, and more this week. Why is this so?

Sports 52
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Marketing Mix Modeling MMM (Part 1 of 3)

Tom Spencer

At the micro level, the various pieces of the marketing puzzle can be, and should be, optimized on an on-going basis: The overall positioning and strategy should be evaluated. What is the optimal pricing strategy? Let’s draw a distinction between the micro and the macro. Every ad and commercial should be tested for effectiveness.

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How to Be an Effective Player-Coach at Work

LSA Global

The origin of the term player-coach refers to a member of a sports team who simultaneously holds both playing and coaching duties. Although the practice is mostly extinct in sports, many companies today expect their managers – especially their first-level managers – to be an effective player-coach at work.

How To 45
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Is Your Company Actually Set Up to Support Your Strategy?

Harvard Business

For every company wrestling with evolutions in its strategy, success depends as much on matching the operating model to those evolutions as it does on the soundness of the strategy itself. But exactly how do today’s companies create or update an operating model to match adaptations or wholesale changes in strategy?