How do I know if my business is healthy? Where should I be looking? What are the best diagnostic tools? What metrics best reveal the health of my company? Though the specific answers will vary from industry to industry there are three categories that apply across the board. In the same way an annual physical […]
Even with 75% of the Major League Baseball season still remaining to be played, the probability of the desired outcome (October playoff baseball) for Royals fans is not looking good. One website currently has their probability percentage of winning their division at 0.3%. At least they haven’t completely ruled them out! In business, the probabilities […]
Could something as simple as tracking the right metric make a difference on how much you get done? Experience and data say it makes a huge difference – and the most important component is whether you’re tracking something that’s lagging or leading. We all have things we want to accomplish – make more money, lose weight, spend […]
I met with a business owner last week and asked him how his business was doing. He proudly told me, “Based on our financial reports from the 1st quarter, it looks like we’re on track to hit our goals for this year.” The first quarter? That was (literally) months ago at this point. The problem […]
