Our reader poll today asks: What is your organization’s approach to metrics?
- We measure everything and anything, but we lack focus: 28%
- We measure a handful of key metrics to achieve some degree of focus: 48%
- We measure one or two key metrics rigorously and in a focused way: 10%
- We don’t measure anything rigorously — it’s all ad hoc or not measured: 14%
The old adage “you can’t manage what you can’t measure” cuts both ways. It seems 60% of you have a good balance between rigorous management and focus. You’re achieving this by measuring the most important metrics and not worrying about the rest. For those who don’t measure at all, pick two to four key metrics and track them consistently. You might learn something from the results. For those of you in analysis paralysis, take a long, hard look at that plethora of metrics and ask yourself which ones really matter. Keep measuring those and ditch the rest. Spend your new-found free time managing the business instead of measuring it.
Do you agree with these poll results? Let us know in the comments below!
Did you enjoy this post? If so, I highly encourage you to take about 30 seconds to become a regular subscriber to this blog. It’s free, fun, practical, and only a few emails a week (I promise!). SIGN UP HERE to get the thoughtLEADERS blog conveniently delivered right to your inbox!
These results were originally a SmartPulse poll in SmartBrief on Leadership which tracks feedback from more than 190,000 business leaders. Get smarter on leadership and sign up for the SmartBrief on Leadership e-newsletter.