2.5 • 884 Ratings
🗓️ 8 March 2024
⏱️ 9 minutes
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| 0:00.0 | Process indicators are what did we do to get the performance. |
| 0:03.2 | So let's use, let's use acquisition for example. |
| 0:05.9 | Right, so getting the contracts. |
| 0:07.8 | The process indicator would be how many phone calls did we make? |
| 0:12.0 | How many appointments did we schedule? What are the things that are not outcomes? |
| 0:18.6 | But we have full control over them. It doesn't matter. I mean tomorrow I have no control of whether |
| 0:23.8 | not somebody would sign a contract to sell me their house. Yeah. I can do |
| 0:26.9 | everything I want at the end of the day the guy could just say no. Yeah. |
| 0:29.6 | What I do have full control over is how many phone calls I make how many letters I send how many marketing dollars I spend yeah |
| 0:36.4 | Process the output yeah and so I'm tracking that daily |
| 0:41.3 | And every day I'm saying here's what we did today interesting yeah and if the |
| 0:44.7 | process lags for so if somebody doesn't do their job for three days then we have a |
| 0:49.2 | people problem yeah I gave you a process you didn't do it for three days and |
| 0:52.3 | therefore we're gonna have a performance problem at the end of the week. |
| 0:54.4 | Yeah. Right? If I gave you the process, you hit the numbers, but we still didn't get the outcome. |
| 1:00.9 | Performance. Then we know we got got a we've got a process issue |
| 1:03.6 | oh it's a process issue if they made the phone calls made the phone calls you did |
| 1:07.7 | everything you were supposed to do you did your job and we don't get the |
| 1:10.4 | outcome yeah something is wrong with our process in In other words, 10 phone calls doesn't |
| 1:13.8 | equal one contract. Because you made 10 phone calls and we didn't get one contract. |
| 1:17.2 | But what if like one salesperson makes 30 and the other person does 30 calls and doesn't get a contract, then is it a performance? |
| 1:24.4 | Then we would get back to what I've been pounding on everybody lately about, which is auditing. |
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