How you set goals can dramatically affect business performance. Poorly set goals can demoralize. It's time to settle on a better approach that motivates and challenges everyone in your business.
Create Powerful Business Measures
Ready to supercharge your growth? The secret is finding powerful measures for your business. The right scorecard creates a bridge between strategy and execution, mapping out the path to success. Read on to discover why and how to create the right measures to align everyone's efforts with your business vision.
Start with these Fundamentals
Leaders can reach their vision by adopting these 8 fundamental practices. They deliver the results to reach success. The StrategyOS works with these fundamentals by creating a process to execute them as part of your daily work. This super post overviews and links to detail posts on each practice. https://horizonlinegroup.com/2023/02/21/your-business-model-cheat-sheet/ https://horizonlinegroup.com/2023/02/21/be-great-at-people/ https://horizonlinegroup.com/2023/02/21/organize-around-themes/ https://horizonlinegroup.com/2023/02/20/keep-score/ https://horizonlinegroup.com/2016/10/20/the-strategic-planning-cycle/ https://horizonlinegroup.com/2022/12/14/great-strategies-are-built-one-rock-at-a-time/ …
Keep Score
Today, we look at the Keep Score practice on the strategy row of fundamental practices for success. Leaders can reach their vision by adopting these 8 practices. StrategyOS works with these fundamentals by creating a process to execute them as part of your daily work. Now, here's today's newsletter covering setting up scorecards to ensure …
Know these Rules to Rule SaaS
I've been a fan of Joe York since first getting introduced to his SaaS Rules of Thumb mathematics a few years ago. Start with SaaS Metrics Rule-of-Thumb #1 and read all 10 rules. It gets a little deep, but be sure to at least come away with the concepts and relationships. These are must knows …
Different Metric Types Meet Different Needs
Enterprises should differentiate between different types of metrics and how they are used. Result, Leading and Diagnostic measures should be combined to ensure they are supporting long-term objectives while focusing on intermediate and daily activities that make a difference. As a quick reference consider the following table for getting the right mix: TypeDefinitionReview FreqExamplesBaseball analogyResultShow …
Continue reading "Different Metric Types Meet Different Needs"
How Long Does it Take?
This post continues a series of blog posts on Measures by exploring Cycle Time. Cycle Time is one of my favorite measures. It is at the heart of Lean and forms a basis for improvement that is typically at the center of good customer experience and process agility. In my opinion, any process not tracking …
How Many?
When setting process measures, there are four key areas where I start: Volume Cycle Time Efficiency Quality Iโll be exploring these over a series of blog posts on Measures starting with this post on Volume. Volume seems like a simple measure. At its root, it is concerned with how many. Lets consider a simple a …
Measuring Outputs Expanded
I talked at a high level in my Measure Outputs post about the types of measures that are useful. That post stated broadly that input measures do little to help improve, control or predict performance. In this post, I will expand on that concept to cover in more depth what types of measures focus on …
Cycle Time as a Primary Measure
Mishkin Berteig has a great post up at his blog titled Measuring Process Improvements - Cycle Time. In it, he eloquently details why development teams should care about and manage cycle time. It complements nicely my First Law of Development and I encourage giving it a deep read.
