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Performance Measurement

Strategy Driven

We talked extensively in this book about how accounting profits or profit growth as a sole performance metric doesn’t lead to value creation. Value: The Four Cornerstones of Corporate Finance by Tim Koller. Discusses the four foundational principles of corporate finance.

ROIC 62
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Bonus or No Bonus? | N2Growth Blog

N2Growth Blog

They must be relevant, meaningful, in alignment with cultural values, and tied to the right set of metrics. It is very typical that in this type of environment that the controversy shifts from company vs. employees, to employee vs. employee. It is not the bonus that is right or wrong, but the manner in which it is rolled-out.

Blog 382
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Workplace Gossip | N2Growth Blog

N2Growth Blog

In fact, gossip seriously undermines each one of the aforementioned success metrics by propagating inaccurate information. They would take the position that gossip is just part of human nature, and that gossip will always exist in any type of environment where social dynamics are present.

Blog 419
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Leadership Self Examination | N2Growth Blog

N2Growth Blog

I think many in leadership get to choose the metric they use to measure, and they seem to always choose the one that makes them look good. I believe that leaders should also be able to create an environment of trust wherein employees feel empowered. Perhaps results should be filled out someone other than the leader.

Blog 366
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Everybody Loves Bob – Faster Cheaper Better: The 9 Levers for Transforming How Work Gets Done

Strategy Driven

How to start measuring the factors that are most critical to the success of the business and identify the metrics that express them. The modern corporation that has evolved as a result consists of many specialized functional departments, such as sales, engineering, marketing, manufacturing, operations, and finance. All rights reserved.

Hammer 50
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Why Consensus Kills Team Building | N2Growth Blog

N2Growth Blog

This in turn leads to a very focused, coordinated, and ultimately a very passionate work environment. It sounds like a supportive, mature environment you are describing; where ego isn't the main thing but doing the right thing is. link] mikemyatt Thanks for your comment and kind words John. That's consensus."

Consensus 388
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Diversity & Leadership | N2Growth Blog

N2Growth Blog

The simple truth is that lowering standards is never a good thing in any environment. While my list had more "diversity" it was a larger list based upon specific metrics as the standard for qualification – diversity was not one of these metrics. Race or gender have nothing to do with blogging ability.

Diversity 350