If Performance Drives Results……

Posted by Jim Connolly on 21 September, 2009 Email This Post Email This Post - Print This Post Print This Post
  • why do we review results twelve times per year and performance only one time per year?
  • why do we focus on the results, which we can’t change, instead of the performance, which we can change?
  • why do we have regularly scheduled meetings to discuss results, but not regularly scheduled meetings to review performance?
  • why don’t we treat the link between performance and results as a cause and effect equation instead of “hoping” the results have improved?
  • why are results dealt with at the executive level when performance is dealt with at the front line supervisor level?

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Comments
September 23, 2009

Hi Jim,

Nice Blog! I am pasting an excerpt from an article I read yesterday where Buffett and other leaders are speaking out on the short term focus of Wall Street: Taking aim at the short term
Vanguard founder John Bogle and Berkshire Hathaway’s (NYSE: BRK-A) (NYSE: BRK-B) Warren Buffett recently signed onto a statement from the international nonprofit Aspen Institute, warning that Wall Street’s short-term focus is placing our entire economy at risk. More than two dozen high-profile investors, academic minds, and managers, including former CEOs like IBM’s (NYSE: IBM) Louis Gerstner and Cummins’ (NYSE: CMI) Henry Schacht, signed the statement, which advised that unless managers and investors change their behavior, regulators might have to step into the picture and change it for them.

Posted by tim
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