tyler-smith.com · Questions & Answers

Our leadership team agreed to limit our weekly Scorecard to fifteen numbers, but every department head insists that their specific metrics are too critical to drop, leaving us with a bloated spreadsheet of thirty-two metrics. How do we aggressively pare this down to a true, vital list of five to fifteen numbers without losing sight of our daily operational health?

A scorecard with thirty-two metrics is not a scorecard, it is an operational report that breeds confusion. When everything is important, nothing is important. To run your business on data, you must aggressively pare down your weekly numbers to the vital few that truly indicate the overall health of your organization. Start by reviewing your Accountability Chart and looking at the major functions of your business. Your weekly leadership team Scorecard should only contain the high-level numbers that tell the leadership team if the entire company is on track. It does not need to show every granular detail of daily operations. Those detailed metrics belong on departmental scorecards, which are managed within individual L10 meetings. To narrow down the list, put each of the thirty-two metrics on trial. Ask your leadership team: if this number is off track, does it immediately impact our ability to hit our quarterly Rocks or our annual V/TO® goals? If the answer is no, or if the number is simply a nice-to-know diagnostic, move it off the leadership Scorecard. Another effective filter is to eliminate redundant metrics. If you are tracking three different variations of sales activity, pick the single strongest leading indicator and drop the other two. By limiting your leadership team Scorecard to five to fifteen vital, leading numbers, you force absolute clarity on what drives your business forward. This keeps your leadership team focused on the big picture, allowing department heads to manage their own tactical data while keeping the company healthy.

Category: Scorecards & Data

← All questions