The Right Way to Measure Productivity (and Why It’s Harder Than it Seems) - Deepstash

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The Right Way to Measure Productivity (and Why It’s Harder Than it Seems)

scotthyoung.com

Measuring Productivity:  Input vs. Output

There are two extremes of evaluating productivity: Input vs. Output

  • Input: The salaryman works long hours and is mostly judged on input. The person is judged by his loyalty and commitment to the company.
  • Output: The person is entirely me...

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Some consultants are paid when the company profits go up, but no money is owed when there is no profit.

But, early management theorists noticed just having a consultant made people work harder. A consultant can make a fortune, even though the advice is worthless. The prob...

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A dimension in measuring productivity is looking at the big picture or fine-grained details.

  • The big picture: Looking back over the years, how much difference did it make?
  • Fine-grained means adding up the hours worked, which gives an imme...

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What matters most is often the hardest to track. We then measure things we don't care about with the hope that it will give some clarity. The solution:

  • Pick a few metrics that will estimate what matters. The metrics should be easy to measure an...

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Instead of relying on a fixed standard, regularly tweak and adapt what you measure.

Changing what you're measuring may seem like a drawback, but it really makes your work more robust. Meta-feedback on what you measure stops you from reaching a fragile solution.

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