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Develop holistic performance measures

“We need new measurement systems that capture the things that really create value.”

A shortlist of the limitations of traditional measurement systems:

(1) they’re lopsided, in that they overweight the achievement of certain outcomes (e.g. short-term earnings), while under-weighting the achievement of others (e.g. building new growth platforms);

(2) they take insufficient account of critical externalities (e.g. the environmental and social costs of corporate policies);

(3) they give inadequate attention to the things that drive success in the “creative economy,” (e.g., the value of customer-authored innovation).

Organizations will need to create holistic measurement systems that capture the many, interrelated variables that drive success.

33 Stories
88 Hacks
4 Barriers

Develop holistic performance measures

“We need new measurement systems that capture the things that really create value.”

A shortlist of the limitations of traditional measurement systems:

(1) they’re lopsided, in that they overweight the achievement of certain outcomes (e.g. short-term earnings), while under-weighting the achievement of others (e.g. building new growth platforms);

(2) they take insufficient account of critical externalities (e.g. the environmental and social costs of corporate policies);

(3) they give inadequate attention to the things that drive success in the “creative economy,” (e.g., the value of customer-authored innovation).

Organizations will need to create holistic measurement systems that capture the many, interrelated variables that drive success.

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 staRHs is a very simple way for HR to drive purpose, autonomy and mastery into the enterprise. Every colleague can log onto their staRHs account and distribute stars to any colleague who th
Hack by Heiko Fischer on November 18, 2013
Co-Authored By Angela Maus
 The performance of a company is intrinsic with the employees associated with the organisation. Every employee and his contribution is part of the core ethos of a successful organization.
Hack by Amit Namjoshi on October 31, 2013
This model presents a holistic approach to be a better person and professional, hire great people, create the best cultural fit and grow your skills.
Hack by Davide Casali on July 31, 2013
I have no intention of adding to the twisted mythology of leaders as special creatures.
Story by Eric Kaufmann on July 18, 2013
Identify the value that each human brings to a role or function through an individualized approach. To truly value humans at the individual level as asset to organization.
Hack by Stephanie Sharma on July 17, 2013
Embracing the principles of Autonomy & Trust and Openess & Transparency, this hack aims to establish the credibility and value of HR as a business partner by adapting the language and measurem
Hack by Harrison Withers on July 17, 2013
Most companies have internal employee portals - the ones where all employees are expected to or voluntarily sign in everyday.
Hack by Joel Modestus on July 14, 2013
Most companies have internal employee portals - the one where all employees are expected to or voluntarily sign in everyday. Here, it is easy to search for any employee (via their ID no.).
Hack by Joel Modestus on July 14, 2013

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