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measure Tagged Articles
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Leadership Assessment #1 – In vs. Out Ratio
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| There are hundreds of leadership assessments. The content and quality of these assessments vary greatly. You can spend a lot of time and money taking surveys to tell you the quality of your leadership. There are a few leading indicators that can be used to give a pretty good picture of the overall quality of your leadership. These are not good for diagnosing problems or specifying corrective action, but they can tell you where you stand quickly. Here is one of my favorite measures. I call it the "In Versus Out" Ratio. |
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Leadership Assessment #2 – Level of Trust
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| There are hundreds of assessments for leaders. The content and quality of these assessments vary greatly. You can spend a lot of time and money taking surveys to tell you the quality of your leadership. There are a few leading indicators that can be used to give a pretty good picture of the overall quality of your leadership. These are not good for diagnosing problems or specifying corrective action, but they can tell you where you stand quickly. Here is one of my favorite measures. It is the level of trust within the organization. |
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Worklife harmony are you on the treadmill
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| Measure, harmony balance.. Simple to say but what does it mean? To achieve and maintain it is difficult today. How will lack of it affect you? |
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Don't Be a Byron
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| Byron runs a very old and historically successful business. His twenty-five hundred employees have seen good times as well as bad times. Business has boomed and business has gloomed in his twenty-five years with the company. Unfortunately, lately has been more gloom and doom than boom. Byron has made millions of dollars on stock options as the company has moved up and down with the energy sector. The predictability of the stock is amazing when looked at historically. He is very wealthy with all the promise and challenge fortune brings. He feels very deserving of his spoils. |
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Incentive Compensation Plans that Work
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| A carefully designed, well executed incentive compensation program will enable a company to attract, motivate and reward top-notch employees. It will also sustain a creative, performance-driven work environment, as well as support behaviors that align with the organization's business objectives, marketing goals and overall strategies. The article reviews the characteristics of a successful incentive compensation program including the requirement that the plan be integrated into overall business objectives, business processes, and financial/accounting practices. Areas discussed include setting up a compensation program, aligning it with multiple strategies, determining quantifiable results, and linking it to a clear payout formula and timeline.
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Other measure Related Articles
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Measuring the Quality of Your Hires
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| Most employment managers measure success in the wrong way. Looking at the cost of a hire, the number or even the speed of the hire is at best misleading and at worst an inaccurate measure of hiring success. The primary (or perhaps sole) measure of hiring success should be the quality/performance of the hire. |
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Environmental Dimensions In Measuring Uncertainties
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| Integrating the work of previous authors, Dess and Beard (1984) employed three environmental dimensions in their measure of uncertainty. These three dimensions, which were very similar to those developed earlier by Child, were “dynamism,” “complexity,” and “munificence.” The first dimension, “dynamism,” referred to the “rate of change and innovation in an industry as well as the uncertainty or predictability of the actions of competitors and customers” (Miller and Friesen, 1983, p. 222). Dynamism in Dess and Beard’s measure was similar to the stability/dynamism dimension of Thompson’s measure, the static-dynamic element of Duncan’s, and the variability component of Child’s. |
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Heart
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| Some things cannot be measured, and the heart is one of them. I think of three former NFL football stars. Mike Singletary, according to the experts, was too short and his 40-yard speed was not that great. However, they could not measure his heart and they did not measure his speed for the first five to fifteen yards, and at that distance he was exceptionally fast. As a result, when a running back broke through the line of scrimmage . . . Singletary was able to stop him in the first couple of yards. That made quite a difference. |
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Basic Benchmarks for World Class Businesses
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| Incremental improvement is the single fastest way to drive revenue.
Study the Toyota way. How did they become a world-class car manufacturer? Toyota does this: continuous improvement.
They benchmark.
They measure.
They fix.
They improve.
If I asked you right now, “What is your shopping cart abandonment rate,” would you be able to answer?
In 30 seconds?
If not, that is really bad because this is how you make your money.
There are 2 mind shifts we’re really pushing towards.
i. Think like a marketer in everything business-related
ii. Measure everything –you need to know the metrics of your business |
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Web Design & Conversion
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| One of the most important yardsticks to measure the success of any web-based venture is its online conversion rate. Getting people to your site is all good and well, but the real measure of your website’s design and content is whether you are able to turn the casual browser into a paying customer. |
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Overall Effectiveness
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| The big guys use OEE (Overall Equipment Effectiveness) to measure how well they use the expensive equipment they own. Can small businesses and entrepreneurs use the same measure? |
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Measuring your Referral Network
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| First the real question. Do you measure your referrals and where your customers originated? It really isn’t difficult if you just want to get started. A tally sheet kept at the cash register, a customer database, even a 29-cent Palm Pilot (a pocket-sized spiral notebook) will get you an initial measure. |
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Setting Savvy KPI’s That Work
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| KPI's provide a sound basis that you can utilise to build and develop your business, but the metrics that are being used must be the right ones. In a world where we can measure everything the brands and companies that will win are the ones who know what to measure. In this article Steve helps you to better understand the measures in your business that matter and how to set savvy KPI's that work! |
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Steps To Personal Success
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| Many of us spend our days traveling from one high-pressure environment to another, "putting out fires" and dealing with issues, before we arrive at the end of the day and wonder where all the time went. We live a life that is determined by custom and conformity. In truth, we don't really know how to measure whether we are being successful or not in real terms, even though we may often measure ourselves against the performance of our peers, close friends or family.
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CUSTOMER SERVICE TIP
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| One of many Customer Service Tips from Gary - Measure...then? MEASURE AGAIN! then? MEASURE SOME MORE! Gary discusses the importance of monitoring your performance whilst keeping in contact with your customers at the same time. |
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