Becoming Our Best
METRICS
Metrics: Some of you are wondering what the heck that means, others know exactly what I mean. An official dictionary definition is: A method of measuring something, or the results obtained from this. It relates in to what one of my CPA clients said, “What gets measured, gets done”. Just this morning I was talking with another client about fundraising and the necessity for developing metrics to help donors decide to contribute to his non-profit organization. What might metrics be; and how do they work?
- Metrics track, monitor and assess the success or failures of various processes.
- In the case of fund raising, the projected results vs actual amount of dollars received.
- For a project, the planned timeline and the resultant one.
- Your weight loss desired by a certain date and the final number of pounds lost.
- Expected rainfall and measured rain amount.
So, metrics can give us planned, achievable goals to be met and some kind of measurement of results. Too often we simply go forward with a good idea and see what happens. That doesn’t give us some valuable information we might have gotten by developing metrics for that particular project or process.
To get started, create a metric for something simple, but important in your life. Maybe a metric for the amount of professional reading you want to do per week. Then, check the weekly results. I’ll bet you will be encouraged to do better in this important aspect of your business life. Then move on to inspiring your team to create some important metrics for their work. The payoff may be memorable (and profitable).
Author: Bruce Johnsen Management Consultant:
824 Munras Ave Suite G
Monterey, CA 93940
831-373-5969
bruce@brucejohnsen.com
Back to BOB Main