Track and Measure

Peter Drucker said that things that cannot be measured cannot be improved. And, as usual, he was right.

But to measure you need to (1) select what you should be measuring (the metric) (2) track data over time, and (3) assess the measurements. That three step process is at the heart of modern efficiency building and Fred Wilson is right to advocate for more applications of it.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s