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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.

34 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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Perhaps the most common failure of individuals and organizations that need to change is either that they do not seek the broader view that offers new choices, or that they do not explore the deeper ro
The suceess of any organisation depends on the TEAM .
Hack by NAVEEN KHAJANCHI on April 12, 2013
Individuals working in large traditional corporates do have tremendous potential. Are they able to explore all of them? There are number of push-back factors need to be addressed very carefully.
Hack by Ghanshyam Sharan Singh on February 21, 2014
 As we’ve learned over the last several years, from Richard Florida’s Creative Class to Daniel Goleman’s Emotional Quotient, the soft skills and organizational skills are the most valuable to the
Hack by Ross Smith on July 10, 2011
“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
 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
How can we be inspired by nature (on its way to manage living things, ecossystems, etc.) to solve management challenges?Nature is million years old of a harsh competitive environment.
Hack by André Ribeiro Winter on December 10, 2010
The Chief Executive Officer of my Company said, “Our customer must be in the center of everything we do.” I am not sure the company’s first line managers are acting on this statement.
Story by Jim McGriff, Jr. on March 1, 2016
MOTIONS ; COMMOTION – EMOTION – PROMOTION - DEMOTION all co exist in all organisations.Problem: Most leaders and organizations operate in silo’s and there is no  &
Hack by NAVEEN KHAJANCHI on December 5, 2011

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