Monday, July 26, 2010

Motivating Metrics

Pot of Gold If your employees are are not motivated to stay committed to contributing to the long term execution of a strategy that promises to have significant long term benefits, maybe they are looking at the wrong metrics.

Often the charts and dashboards that are displayed or presented publically are the ones the executive wants to see, however sometimes those are final output measures or lagging indicators. Lagging indicators often don’t work well as a motivating force. We are a society that favors instant gratification so motivation to continue on a given path is more likely to be positive when looking at leading indicators. Leading indicators are measures that are generally (and hopefully statistically) a short term predictor of the end result.

 

photo attribution http://www.flickr.com/photos/emi_photoart/3434442477/ / CC BY-ND 2.0

1 comment:

  1. These were really great information given by you, really great blog, I definitely loved every little bit of it.



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