Join Mark as he explores vital business metrics, process behavior charts, and insights from his new book, Measures of Success, alongside a discussion on his podcast, My Favorite Mistake.
2020-09-16 15:47:02
A new podcast episode of “My Favorite Mistake” was published on September 16, 2020 with the original title:
Measures of Success
Overview:
In this episode, the discussion focuses on Mark’s new book, “Measures of Success,” covering essential topics like business ups and downs, effective measurement strategies, and insights into process behavior charts and metrics.
Core content:
- Mark discusses key concepts from his new book, “Measures of Success,” addressing how to navigate business challenges effectively.
- The conversation includes insights on process behavior charts, highlighting their importance in measuring success.
- Mark emphasizes the distinction between vanity metrics and meaningful metrics in business performance measurement.
- A segment of the episode features the red bead experiment, illustrating practical examples of efficiency in business processes.
- Listeners are encouraged to explore Mark’s new podcast, “My Favorite Mistake,” to gain further insights.
Learnings:
- Understand how to measure business performance accurately and recognize the difference between helpful metrics and vanity metrics.
- Learn about process behavior charts and their role in visualizing business processes for better decision-making.
- Explore practical examples that illustrate the concepts discussed, such as the red bead experiment.
- Gain insights into the challenges of managing a business and strategies to deal with them effectively.
- Discover additional resources for success management by listening to “My Favorite Mistake.”
The original content was published in English.
