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Why You Need Tools And Analytics For Employee Metrics

Startup Professionals Musings

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Use data analysis and metrics to measure for results. Subjectively measuring employee engagement.

Metrics 98
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7 Stages In The Evolution Of A Startup To A Business

Startup Professionals Musings

That means making sure the right people are hired, trained, and in the right place at the right time. Implement metrics and set objectives for every organization. Growing the company means growing people through mentoring and training. True entrepreneurs love the tactical and problem solving challenges.

Startup 137
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7 Keys To Keeping Your Business Agile And Competitive

Startup Professionals Musings

That means making sure you are utilizing coaching and mentoring, as well as training to keep up with changes in technology and the marketplace. Adopt some key metrics to measure your change agility. New blood and new ideas are keys to agility. Demand and reward speedy analysis and execution.

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8 Startup Excesses Which Will Jeopardize The Business

Startup Professionals Musings

The last thing they can afford is to waste any of these, but in my mentoring and coaching activities, I see it happening all too often. Productive processes start with a plan, and end with metrics that measure value delivered. Every entrepreneur I know is short on resources, including time, money, and skills. There is no cushion.

Startup 161
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Praying to the God of Valuation

Both Sides of the Table

There was no money train. And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics. It was 1991. There were startups and a software industry but barely. We still loved every moment.

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10 Business Practices Owners Often Learn The Hard Way

Startup Professionals Musings

Thus, over the years of my mentoring and consulting efforts with entrepreneurs, I have a key list of practices that I recommend to everyone starting and growing a business. Hire the best, and provide necessary training and tools. Use metrics on key deliverables to assure quality results. Don’t sell what you don’t have.

Startup 134
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7 Strategies To Solve Your Business Problems Faster

Startup Professionals Musings

In my own business career, many years as a business advisor, and mentor to aspiring entrepreneurs, I have validated the following strategies to practice and guide you. Make sure that you implement a metric with each solution, to prevent the issue from recurring, and check for side effects and follow-on side effects.