★ Helping passionate yet frustrated business owners do more of the profitable stuff and spend less on the tiresome stuff ▶ Business Strategist ▶ Mentor ▶Author ★
In my A-Z of top tips M stands for Measure. Without measures we have no idea what is working well and what not. Three top tips: 1. Do not measure everything. You will end up drowning data and the result will be overwhelm. It will be impossible to see where action need to be taken. Decide what the key measure is for a particular activity and measure that first. 2. Make measures really easy to produce. Keep them as simple as you can. If they take a large amount of effort to calculate it is unlikely you will do them consistently and their value will be lost 3. For each measure know what it tells you. What action can you take based on the measure? If the measure is not actionable then it is purely a piece of data rather than a piece of management information #businessowners #success #businessdevelopment
