The Challenge of Changing Times–Part IV

Rongeri's Blog

IV.       Diagnostic Tools 

We know that what gets measured, gets managed. But what gets measured also defines a company’s culture. Why? Because it describes what is valued.”[i]

 “If you can’t measure it, you can’t manage it”[ii]

 “If you don’t measure it, it won’t get done.  If you don’t measure it right, it won’t get done right.”[iii]

 “If a performance measure is hard to understand, it’s not a good one.  Use ratios whenever possible in creating measures such as revenues per employee, staff resources compared to line resources and the like.”

 “The greatest enthusiasm in the world won’t make up for a business plan that doesn’t work.”[iv]

 Diagnostic tools are important in many professions. Accountants and lawyers may both use compliance audits as a diagnostic tool. Doctors routinely take a patient’s blood pressure and blood samples as a diagnostic tool…

View original post 366 more words

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 )

Google photo

You are commenting using your Google 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 )

Connecting to %s