3 ms·
Money. You should measure money. everything else is just a proxy for that.
by iamthepieman 10y ago
Money. You should measure money. everything else is just a proxy for that.
- noja 10y agoThat's a very sad way of thinking.
- thunderbong 10y agoYes, it is. But let's also not forget time. It should be money/time.
- dasil003 10y agoThe issue there is it's not actionable. My company did exactly that, but a dollar from a biz-dev deal is worth less than a dollar from a one-time purchaser is worth less than an ongoing subscriber.
- powvans 10y agoOr money is a proxy for value when value can be measured in those terms. Money is worthless on it's own. Brings to mind the famous Warren Buffet quote: "Price is what you pay, value is what you get."
- hammock 10y agoCould not disagree more. Money is a byproduct of the activities you should be focusing on (which are difficult to measure). Former GE CEO Jack Welch is famous for putting it this way: "On the face of it, shareholder value is the dumbest idea in the world. Shareholder value is a result, not a strategy...your main constituencies are your employees, your customers and your products"