Many people are aware of the famous quote from Peter Drucker, “What gets measured, gets managed.” But what people don’t often consider is that what’s being measured and managed might actually not matter at all at the end of the day. When we measure things that don’t actually drive us to improve, we’re just acting like a cargo cult — going through the motions and expecting something magical to happen that never will. Instead of just picking some popular or standard metric, we should instead make sure that we understand what direction our measurements are going to give us, and what change they’re going to drive in our behavior or in our products. Only by being thoughtful and deliberate in our choices will we find the right metrics to use and rely on in our choices.
Here are a few things to watch out for and to take into account when considering what metrics we want to put into place…