My dad was a private pilot. He owned his own airplane, a 1956 Cessna 172. The dashboard for his plane wasn’t as elaborate at the one shown here. He knew exactly what each meter meant and where it had to be to fly the airplane safely and get us where we wanted to go.Read More
Strategic Discipline Blog
Since listening to Christine Comaford speak at the Orlando Growth Summit I’ve been reading and listening to her book SmartTribes extracting valuable nuggets on how to grow your business.Read More
Many companies and managers believe a dashboard is a great way to keep their staff focused on the metrics and priority that they should be targeting for quarterly and weekly objectives.Read More
Why Doug? Why should we do daily, weekly, monthly, quarterly and annual meetings?
I’m on vacation this week so I’m reposting a couple of blogs that contain messages that warrant repeating. Pearson’s Law, originally written 12-15-08, exemplifies the importance of metrics and Positioning Systems Strategic Discipline formula. It’s largely reprinted with a few minor additions. Do you want to see dramatic improvement in your people’s performance? Read further.
As a leader the biggest kick I received was seeing my people succeed. Years ago while still in the broadcasting field I attended an industry conference in Dallas. There a former sales person approached me and fawned over the training and experience she’d gained working for me. She was now a radio station general manager and doing extremely well for a sizeable radio station group in Minnesota. I was overwhelmed. I had no idea how well she had done, nor would she attribute much of her success to my contribution.
Can a simple Dashboard provide clarity for your organization? In The High Ground – Your Dashboard I provided an example of a business dashboard that contain both the quarterly priorities and key financial benchmarks for the company. These would include revenue, sales costs, Cost of Goods, Overhead Costs, Net Profit, Break-Even Analysis, Cost per Full-Time Equivalent, Cash Flow and Accounts Receivables. If you’d like to see this Excel example, send me an email with Sample Financial Dashboard in the subject line.
Who is the real enemy of execution? It’s your day job!