Toward new national economic metrics: Housing starts (New residential construction) and foreclosures offer insight into the current economic malaise in the United States. They also reflect an ingrained view of consumption measures as the yardstick for economic health. Our measurement system is driving us to establish conditions similar to those before the recession. If we … [Read more...] about The Problem with Housing Starts: Why we need new national economic metrics
Economic
Strategy, the Future and Data
Strategy, The Future and Data: Taking Exception with CIO Magazine I have to take exception to the title of the July 1, 2010, CIO Magazine cover story. The story titled “Analyzing the Future (How Leading Companies are Using Cutting-Edge Analytics to Change Business Processes on the Fly).” The sub-title is more meaningful than the headline. Journalists need to be careful. The … [Read more...] about Strategy, the Future and Data
How to Avoid Adopting Meaningless Measurements
How to Avoid Adopting Meaningless Measurements Meaningless measurements waste time. However, measurement offers crucial insight and reports on the success of strategy. Measures report the walking of a chosen path or not. Measurements determine personal and organizational performance. How do people and organizations differentiate between tactical and strategic measurements? … [Read more...] about How to Avoid Adopting Meaningless Measurements
Strategy and Technology Transform Industrial Age Assumptions
Strategy and Technology Transform Industrial Age Assumptions Updated March 25, 2022 All organizations should examine how they employ industrial age points-of-view. When firms apply an industrial age lens, they tend to over-index efficiency and productivity: how do we generate more money (or save more money) over the same period of time. A report by Eric Felten in the … [Read more...] about Strategy and Technology Transform Industrial Age Assumptions
Strategy and What Not To Do: The US National Debt
Strategy and What Not To Do: The US National Debt as an Example Strategy is as much about what not to do as it is about what to do. The US Government as a whole (vs. the slices the parties claim as theirs) lacks a sense of strategy. If they had a strategy, they could explain in clear terms what the trade-offs are between programs. But rather than explain, they obfuscate, … [Read more...] about Strategy and What Not To Do: The US National Debt