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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.

36 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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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
“Leaders Everywhere” is a worthy vision of a cultural shift that must occur not only in organizations, but also in the world at large, or the macro-environment will always be too chaotic.  Howeve
Hack by Myles Sweeney on July 5, 2013
 Most of us ACT with a hidden agenda of will it look good i.e. how others will perceive me. This is true in any given situation whether its work or at home. Is it really good...I don’t know.
Hack by NAVEEN KHAJANCHI on June 18, 2013
Shift from an obsession with financial forecasting to becoming expert in behaviour and attitude forecasts.
Hack by Chris Shambrook on June 14, 2013
360 and Upward Assessment Surveys, My View From the Bottom of a CorporationI read an article in the Wall Street Journal on December 8, 2011, by Joann Lublin entitled, “Transparency Pays Off in 360 deg
Story by Jim McGriff, Jr. on May 22, 2013
The suceess of any organisation depends on the TEAM .
Hack by NAVEEN KHAJANCHI on April 12, 2013

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