Key Performance Indicators
(KPIs) and Balanced Scorecards are ways of managing performance. They are
particularly challenging in areas that are hard to quantify and articulate. A
lot of my work for money involved taking technical concepts, trying to wrap my
head around them, then trying to make them easier for others to wrap their head
around. Understanding is incredibly hard to quantify. Trust even more so. It
takes years to build, and can be broken in an instant. Particularly if you are
looking for reasons or data points to not trust someone. Everyone is holey.
Everyone is flawed. A bigger flaw is looking for holes in other people. To look
for reasons to distrust. The problem with KPIs is the list gets long fast. So
if a task (maintain trust) is “worth 2%” of a year’s assessment, the
quantifying or checklist becomes a spurious form of false confidence. Easier is
to have a list of things you won’t do. Even better is to have an incredibly
short list (three key things), and to trust people. Trusting doesn’t mean being
a sucker. You can build buffers, checks and balances. But it does mean
accepting that not everything can be controlled or quantified. It does mean
building systems that aren’t designed to cut people off like gangrenous limbs.
Showing posts with label Negotiating Power. Show all posts
Showing posts with label Negotiating Power. Show all posts
Tuesday, July 14, 2020
Finding Balance
Labels:
Balance,
Category,
Control,
Ego,
Institution Building,
Negotiating Power,
Performance Management,
Quantitative,
Trust
Monday, June 01, 2020
Consenting Adults
Some
people like hierarchy. That’s okay. Everyone has their kinks, and anything that
goes on between consenting adults is fine. It’s the consent part that bothers
me. I believe in institution building, but I worry about the power of “legal
people” over people. When the institution gets so big that the individuals
become abstractions. Roles, categories, functions, grades. Turning people into
numbers for memos to pass up to boardrooms. Particularly when the negotiating
power is lopsided, and on one side there is a person “speaking for the institution”
(be it a Country, Company or a The People). For markets and communities to
function well, there has to be full transparency and a sense of peers working
together. Otherwise it is just bullying. Using the fact that someone has
limited job opportunities or capital to incentivise them to do as they are
told.
Need a Crown?
Labels:
Agreement,
Autonomy,
Compounding,
Consent,
Hierarchy,
Institution Building,
Negotiating Power,
Relationships,
Transactions
Wednesday, May 27, 2020
Double Standards
Consistency
is a great thinking tool. If you believe “A” and “not A”, you can’t believe
them in the same room. I used to think you can’t be intelligent and racist. But
then I read about Dr.Death. The cardiologist and former head of Apartheid South
Africa’s chemical and biological warfare project. You can believe contradictory
things if you switch off part of your brain. That is why Double Standards grate
me so much. Business can encourage a brutal offswitch for seeing people as
people. It can encourage “tough decisions” that impact people more than the
business. Often those standards don’t work both ways. You don’t see people
higher up the chain of command falling on their swords. When the numbers
support the argument, they are used. When the numbers don’t support their
argument, the Defence Attorney and Public Relations Officer replace the
Scientist at the Q&A session. The business becomes a church. The danger
with numbers, is there are always other numbers.
Labels:
Consistency,
Negotiating Power,
Numbers,
Qualitative,
Quantitative,
Relational,
Transactions
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