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| Topic: |
Business
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| Number of pages / Number of words: |
24 / 6516 |
Essay's paper body
Profitability (could be at the company, product line, or individual level)
2. Market share growth and other standard financial measures
EMPLOYEE
1. Associate satisfaction
Given a complete, or at least an adequate set, of current measures (remember, only you can judge the completeness of the measures), you need to ask yourself if these measures are driving you and your people to do the right thing...
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And right may be viewed as what will achieve the best results, both for today and for tomorrow. That leads to the second secret of effective measures.
Secret 2 - Create metrics that are SMART
Developing effective metrics may appear easy at first glance, but many have fallen into common traps that you can avoid...
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