Select one of the following options for your discussion post this week.
Option 1:
There is an adage in business that says, “You get what you measure.” This suggests that we must carefully monitor performance-tracking metrics if we want to improve business results like increasing productivity, mitigating costs, or improving employee engagement.
- What is an important performance tracking metric that your company uses, and what is the likely business result they are trying to influence (such as increasing revenue, lowering costs, managing risks, etc.)?
- Briefly describe how your company calculates and communicates this metric, and share your opinion on the extent to which this performance tracking is helping to improve business results.
- Share your ideas on how else the company could improve this performance-tracking process.
OR
Option 2:
Continuing with the same company you selected in Week 2, consider how financial metrics are utilized to report on performance and how these align with the company’s strategic goals.
Focusing on one of the following metrics – ROA, ROE, FCF, ROIC, Operating Margins, or Profit Margins – respond to the following:
- How do the company’s stated key metrics align with its strategic objectives to influence outcomes like revenue growth, cost reduction, risk management, or operational efficiency?
- How can advancements in AI and other technologies help leaders better manage their organization’s key metrics?
