Dull but Important What Is a Balanced Scorecard? That is not an exciting question. So let me try and give you a compelling answer. A Small Problem With the Exhaust In December 2017, Oliver Schmidt, a General Manager for Volkswagen, was sentenced to seven years in prison and fined $400,000. He had been on holiday […]
If You Can’t Measure It, You Can’t Manage It
Unhelpful Statements One of Peter Drucker’s maxims was “if you can’t measure it, you can’t manage it”. I have lots of sympathy for the statement. If you aren’t measuring performance, you can’t see if it is getting better or worse; if you don’t know if it is getting better or worse, you aren’t managing it. I like a robust […]
The Best Data Visualisation Examples on the Web
Because a picture is worth a thousand words (or numbers) you need to see some of the best data visualisation examples. It is worth knowing that… There is a tried and tested way to communicate with data — Storytelling With Data. That infographics can be powerful — Information is Beautiful. But most infographics are not […]
Pointless Conversations
Defining the metric People get very excited about metrics; they spend hours debating exceptions and accuracy. The definition becomes everything. Imagine the conversation: My Boss: You take too long to get to work in the morning; we must measure performance. What should the target be? Me: I’m not sure; there are several things we should […]
Which Is Most Important, Perception or Performance?
Perceived performance Perception is reality. If you are perceived to be something, you might as well be it because that’s the truth in people’s minds. Steve Young For those who believe that perception is reality, performance isn’t important, but perceived performance is everything. There are three ways to improve perceived performance: 1. Distort the data […]
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