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Modern Mentor

573 - How to Measure What Matters On the Job

Modern Mentor

Macmillan Holdings, LLC

Careers, Business, Management

4.3720 Ratings

🗓️ 18 November 2019

⏱️ 6 minutes

🧾️ Download transcript

Summary

How to measure success is easy in some jobs, and very difficult in others. Here’s how to choose your performance indicators. TRANSCRIPT & LINKS Read the transcript: https://quickanddirtytips.com/productivity/project-management/measure-performance Check out all the Quick and Dirty Tips shows: www.quickanddirtytips.com/podcasts JOIN THE CONVERSATION Facebook: https://www.facebook.com/GetItDoneGuy Twitter: https://twitter.com/GetItDoneGuy

Transcript

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0:00.0

This is Stephen Robbins. Welcome to the Give It Done Guys' quick and dirty tips to work less and do more.

0:09.1

Today we're going to talk about how to choose what to measure to set yourself up for success.

0:14.1

Grandma Cuddles Daycare is in an uproar. Grandma recently started yoga classes. She's so happy with her newfound ability to touch her knees that she's decided to travel

0:22.6

to India to study directly with the Dalai Lama.

0:25.8

The staff tried to explain to her that the Dalai Lama isn't a yoga instructor, but she

0:29.5

insisted, and what Cuddles wants, cuddles gets.

0:33.9

Chip, the controller, will be taking over in her absence.

0:36.7

When Grandma's around, she rules the center with an iron fist, but she's taking the fist

0:41.3

with her, assuming she can get it through the metal detector at the airport, so Chip needs

0:44.8

to find other ways to keep things running.

0:47.6

The old adage is, what gets measured gets managed.

0:51.2

Chip intends to manage everything as best he can, and that means setting measurements.

0:55.2

But what to measure and what to do with the measures, he's a little bit less clear on.

1:00.4

Some jobs have natural numeric measurements. Salespeople, for example, can measure how many new

1:04.5

prospects they reach out to, what their close rate is, the average sales size, and so on. The

1:08.5

Cuddle sales team scours hospital birth records to find

1:11.3

prospects for the daycare center. They're ruthless when it comes to recruitment. A couple of years

1:15.3

later, early stage parenthood has taken a toll on the parents, and daycare suddenly becomes

1:20.2

not only a necessity but really attractive. And that's when the sales team swoops in like vultures

1:25.2

to capture the sale.

1:27.6

Monitor levels and changes.

1:30.3

Chip could choose to measure the number of new births entered into the system each day,

...

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