Wednesday, 17 August 2022

To be successful, know how to measure success

 

It's hip to dismiss KPI's (Key Performance Indicators). People make fun of it as an obsolete way of managing organisations. When people don't use KPI's properly, they become slaves of KPI's and reporting and lose sight of the meaning behind KPI's. OKR is the trendy version of KPI's, but an underlying principle remains the same - if you want to be successful, you must be clear what your measure of success is. Organisations pay attention to what they measure. The act of measuring creates focus, and ultimately results.

This and other tips in my book Every Employee an Entrepreneur:

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