Loading...
Answers
MenuHey don't we measure Contribution (value of results generated) instead of Performance (what you do)?
KPI's and their attendant performance reviews and rating systems are the bane of corporate existence and add almost no value.
Answers
We (corporate leaders) should indeed measure contribution but also engagement, innovation, adaptability and growth. Because these are "gray" or "squishy" areas, they're uncomfortable for many managers to use as metrics of performance assessment.
Asking leaders who work in a metrics-based environment how they "feel" about someone's intangible skills and abilities is tough and can be uncomfortable. It's also a potentially dangerous area to wade into when it comes to equality of pay, promotions and ratings.
Because such a low percentage of leaders are able to effectively evaluate talent, performance metrics serve as a guidepost. The smartest and most innovative leaders and companies can and should see beyond performance and use less easily measurable but more effective indicators of success.
It's weird that you wouldn't. Most performance measuring techniques like the Balanced Scorecard (which will show results for performance vs Clients, Systems, Processes… Sales, Finance, and Peer Relationships and even Leadership) are focused on results, not attendance.
Yes, showing up is important, but results are even more so.
Related Questions
-
How can I identify a unique niche in the personal style/fashion community?
I highly recommend reading the book "Blue Ocean Strategy" that is the best and simplest way to map out the landscape of the marketplace and identify opportunities or methods of differentiation. If you don't have time to read the book I'm sure there videos out there summarizing and explaining the core principles. We walk our clients through the Blue Ocean Strategy mapping and simply follow the process in the book, and it's quite powerful and valuable. I don't know of any other process that VISUALLY REVEALS the opportunity in your market. The other way is to look at your past clients: Is there a majority of clients that you worked with that fall into a niche demographic? Is there a subset of your clients that you enjoyed working with more so than others? Is there an area of your expertise that you're more passionate about that would lead you to dive deeper into a niche? (IE: career transition, executives in healthcare, women in tech startups, Female executives for 7-figure startups, etc.) Hope this info helps!MR
-
What are some daily rituals and habits that have been effective for you in producing results in your business?
1. Differentiate Between Days to Produce and Days to Create I pre-schedule which days (and time blocks in those days) will be for money making activities (literally those activities that are directly linked to income generation such as being on stage and speaking, in a room with my clients, closing sales, etc) versus those where I'm creating content, generating new business ideas, networking, developing marketing materials, etc. This allows me to focus on both working in it and working on it. 2. Keep a Digital Voice Recorder With Me at All Times (with a spare battery!) Ideas seem to pop up all of the time - and I used to be a "write it down" guy who ended up with a pocket full of scrap papers and post it notes. Now I just talk the idea through and record it. At the end of the week I transfer the audio files to my pc, listen to them (using a media app that lets me play them at 2x speed) and transcribe my notes to a google document. 3. Planned Days Off - No Business Allowed Being an entrepreneur takes energy. So "charging your batteries" is critical. Do things you love outside of working (even if you LOVE to work). Personally I take the day off and go fly fishing 1-2 days per month. It does wonders for clearing my head, relaxing me, and getting me prepped and ready for the week to come! These rituals and habits are things you will benefit from starting to do TODAY. You'll not only be more productive, you'll find greater joy in what you do (and have less stress). For more tips - let's talk.DB
-
Lots of entrepreneurs work 60 to 80 hours a week. This isn't what I consider a good work/life balance. How would you improve it?
Say "NO." It's a complete sentence.ML
-
How can I leverage my 13 years of experience as a television anchor and reporter into a profitable online business that helps people?
I worked with a guy, who was with SKY news for 18 years, and we did a great transition for him into coaching. We discussed his strengths and weaknesses. We looked into what his passion was and created a purpose for it. I would want to work with you on who you want to serve and why. If you have any questions please feel free to contact me. Shawn HuberSH
-
When working to learn, what lessons should you seek and when do you know it's time to move on?
There is SO much here to unpack ...... First, congratulations on your past successes. That has certainly shaped you and made you who you are. There are benefits to working for someone to learn, but if they simply see you as an employee - a replaceable widget maker - then it is time to move on. I think it only makes sense for you if the CEO or other executive is willing to mentor you in a formal agreement. I don't think waiting around to hopefully learn something is the best use of your time, and your employer may fault you for not doing your job (because you're looking to learn, first, do your "tasks" second). In short, formalize your expectations with your employer. If it is a good fit for you both, stick around. If you don't feel like you're learning or meeting your objective, move on to something that fills that need. Finally, read these books: - "The CEO Next Door" http://amzn.to/2G2d2re - "Built for Growth: How Builder Personality Shapes Your Business, Your Team, and Your Ability to Win" http://amzn.to/2FnzZV2 All the best, -ShaunSN
the startups.com platform
Copyright © 2025 Startups.com. All rights reserved.