Industry benchmarks are used widely to compare relative performance and gauge where your company stands. Beware the validity of the comparison. You might be comparing apples with oranges. Results are comparable when companies run their business exactly the same way. We know that is hardly the case. Product offerings, size,… [More]
This is the time of the year when most companies issue their annual financial statements. In light of gathering insight on what financial metrics companies use, I decided to glean through the annual reports I received. The pages and pages of financial results and ratios are fairly similar across businesses…. [More]
A report card serves to provide information on how well certain work is done. We are familiar with the idea since grade school. I went home holding my head high with ‘A’s but fearful of being scolded when I got poor grades. In the workplace, is there a similar feeling… [More]
Connie shares tips on how to measure intangibles.
Connie shares some problems that can arise from compensating strictly on performance. 1. Employees only focus on areas they are good at, and ignore those that need improvement 2. Employees are unwilling to accept measurement on work which they don’t have control 3. Employees will see this as a way… [More]
I wear glasses and when I walk into a warm place on a cold winter day my glasses fog up. My immediate reaction is to take my glasses off and wipe them clear. In business you need clear strategic direction to succeed. There are three questions you must ask to… [More]
Connie shares four traits that she finds in her most successful clients.
Do you have a feedback system for your business? Learn how performance measurement can help run your business more effectively.
The round robin format of the badminton games at the 2012 London Olympics ended with the disqualification of teams from China, South Korea, and Indonesia from the knockout round. Instead of exerting themselves to play their best, the teams were trying to lose on purpose so that they would be… [More]
It is essential for organizations to track performance. However, you want to measure meaningful results. Connie shares a few tips on performance management.
To maximize business results, call Connie at 604-790-1220 or email us today!