We have dozens of interesting metrics we want to track, but the EOS playbook says we should limit our weekly scorecard to just five to fifteen numbers. How do we filter out the noise and select only the absolute vital few metrics that tell us the true story of our company health?
To narrow your scorecard down to five to fifteen numbers, you must stop treating the tool as an administrative report card and start treating it as the dashboard of an aircraft. If you are flying a plane, you only need to look at a handful of instruments to know if you are about to crash. The rest are secondary.
To filter the noise, start with your Accountability Chart. Every seat on your leadership team must have at least one weekly measurable that indicates whether they are winning or losing. If a seat has five metrics, prioritize the ones that serve as leading indicators for the entire company. Ask yourself: if this specific number goes red, will it cause a chain reaction that breaks our business in three weeks? If the answer is no, take it off the leadership scorecard and push it down to a departmental scorecard.
Another filter is the relationship to your V/TO® goals. If your metric does not directly predict your ability to hit your one-year plan or your quarterly Rocks, it is a distraction. Keep your focus on the metrics that drive immediate operational health. A great scorecard does not track every activity; it tracks the vital few activities that guarantee your operational and financial outcomes. When you limit your view to fifteen numbers maximum, you force your leadership team to focus on what truly moves the needle.
Category: Scorecards & Data