New Measurement Sustainable Knowledge Economy As America grasps for innovative ways to exit the recession, we have forgotten a fundamental business reality: measurement determines behavior. Ask any salesperson if their bonus structure determines which products they lead with or not. The problem with America’s national investments is that they say green, but they shout … [Read more...] about Strategic Measures: Toward New Measurement for a Sustainable, Knowledge Economy
Economic
The Problem with Housing Starts: Why we need new national economic metrics
Toward new national economic metrics: Housing starts (New residential construction) and foreclosures offer insight into the current economic malaise in the United States. They also reflect an ingrained view of consumption measures as the yardstick for economic health. Our measurement system is driving us to establish conditions similar to those before the recession. If we … [Read more...] about The Problem with Housing Starts: Why we need new national economic metrics
Strategy, the Future and Data
Strategy, The Future and Data: Taking Exception with CIO Magazine I have to take exception to the title of the July 1, 2010, CIO Magazine cover story. The story titled “Analyzing the Future (How Leading Companies are Using Cutting-Edge Analytics to Change Business Processes on the Fly).” The sub-title is more meaningful than the headline. Journalists need to be careful. The … [Read more...] about Strategy, the Future and Data
How to Avoid Adopting Meaningless Measurements
How to Avoid Adopting Meaningless Measurements Meaningless measurements waste time. However, measurement offers crucial insight and reports on the success of strategy. Measures report the walking of a chosen path or not. Measurements determine personal and organizational performance. How do people and organizations differentiate between tactical and strategic measurements? … [Read more...] about How to Avoid Adopting Meaningless Measurements
Strategy and Technology Transform Industrial Age Assumptions
Strategy and Technology Transform Industrial Age Assumptions Updated March 25, 2022 All organizations should examine how they employ industrial age points-of-view. When firms apply an industrial age lens, they tend to over-index efficiency and productivity: how do we generate more money (or save more money) over the same period of time. A report by Eric Felten in the … [Read more...] about Strategy and Technology Transform Industrial Age Assumptions
