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Our leadership team is tracking over thirty metrics on our company scorecard because everyone insists their department is too complex to summarize. How do we ruthlessly prune this down to a true five-to-fifteen scorecard?

When you track thirty numbers on a leadership scorecard, you actually track nothing. You have created a report, not a diagnostic tool. To prune this down to a vital few, you must apply the desert island test.

If you were stranded on a desert island with no email or phone access, what are the absolute critical numbers you would need to see weekly to know the exact health of your business? Every other metric belongs on a departmental scorecard, not the leadership scorecard.

Start by identifying the primary drivers of your business model. You need a mix of activity, quality, and financial indicators. If a metric does not predict a future result or flag an immediate operational bottleneck, kill it. For example, if you track sales meetings, proposals sent, and revenue, ask yourself if you really need to track both meetings and proposals. Choose the one that has the strongest correlation with closed deals.

Your leadership scorecard must only contain the numbers that, if they go red, require the attention of the entire executive team. Push the other twenty-five metrics down to the specific seats on your Accountability Chart. This keeps your leadership focused on the pulse of the company.

Category: Scorecards & Data

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