5 Ways Your Reliability Metrics and Fooling You
We measure results. We measure profit, shipments, and reliability.
The measures or metrics help us determine if we’re meeting out goals if something bad or good is happening, if we need to alter our course.
We rely on metrics to guide our business decisions.
Sometimes, our metrics obscure, confuse or distort the very signals we’re trying to comprehend.
Here are five metric based mistakes I’ve seen in various organizations. Being aware of the limitations or faults with these examples may help you improve the metrics you use on a day to day basis. I don’t always have a better option for your particular situation, yet using a metric that helps you make poor decisions, generally isn’t acceptable.
If you know of a better way to employ similar measures, please add your thoughts to the comments section below. Continue reading “5 Ways Your Reliability Metrics and Fooling You”