The Tyranny of Metrics Quotes by Jerry Z. Muller
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The Tyranny of Metrics Quotes by Jerry Z. Muller
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In the high modernist world we live in, we can adapt Drucker’s dictum that “whatever is measured improves” to a more true-to-reality, but less elegant “whatever is legible improves, unless there are second-order consequences which undermine or destroy the original intention.”
taylorpearson.me • The Illegible Margin: Profiting From the Gap Between the Map and the Territory
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Revisit Drucker—WHAT GETS MEASURED GETS MANAGED Measure compulsively, for as Peter Drucker stated, What gets measured gets managed. Useful metrics to track, besides the usual operational stats, include CPO (“Cost-Per-Order,” which includes advertising, fulfillment and expected returns, chargebacks, and bad debt), ad allowable (the maximum you can s
... See moreTimothy Ferriss • The 4-Hour Workweek, Expanded and Updated: Expanded and Updated, With Over 100 New Pages of Cutting-Edge Content.
“What gets measured gets done,” Peter Drucker once famously said. But the terrible thing is that this often translates to the only things getting done being the things easily measured. And much of the richness, meaning, and fulfilment in life come from the things that can’t be measured easily
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Measure What Matters: How Google, Bono, and the Gates Foundation Rock the World with OKRs
John Doerr • 8 highlights
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