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Time- and money-based targets donât always serve the purpose we intend. In fact, sometimes, they actively work against us. Today weâre spelunking into a few related principles like Goodhartâs Law, The Cobra Effect, and why vanity metrics are often no more than a hungry ghost lurking in the shadows of your business. I couldnât resist sprinkling pop culture clips throughout to illustrate these concepts, so I hope you enjoy the ride :)
đ Permission: Stop chasing the hungry ghost of vanity metrics in your business. Get clear on your more meaningful metrics and core values, and aim for a holistic picture of those instead.
â Â Do (or Delegate) This Next: To more clearly see the tradeoffs you are willing to make, write your own âeven overâ statements, like the originators of the Manifesto for Agile Software Development have inspired many businesses to do. As in: âWe value {important quality A} even over {important quality B}.â
đ» Access Free Time episode transcripts on Podscribe »
đ Enjoying the show? The best way to thank us is by leaving a rating or review.
â€ïž Join Jennyâs private BFF community for Heart-Based Business owners
đ Get instant access to the Free Time Toolkit: http://itsfreetime.com/toolkit
âïž Submit a voice question or comment for future episodes: http://itsfreetime.com/ask
đ Check out full show notes and share this episode with a friend: https://itsfreetime.com/episodes/190
Learn more about your ad choices. Visit megaphone.fm/adchoices
4.9
4949 ratings
Time- and money-based targets donât always serve the purpose we intend. In fact, sometimes, they actively work against us. Today weâre spelunking into a few related principles like Goodhartâs Law, The Cobra Effect, and why vanity metrics are often no more than a hungry ghost lurking in the shadows of your business. I couldnât resist sprinkling pop culture clips throughout to illustrate these concepts, so I hope you enjoy the ride :)
đ Permission: Stop chasing the hungry ghost of vanity metrics in your business. Get clear on your more meaningful metrics and core values, and aim for a holistic picture of those instead.
â Â Do (or Delegate) This Next: To more clearly see the tradeoffs you are willing to make, write your own âeven overâ statements, like the originators of the Manifesto for Agile Software Development have inspired many businesses to do. As in: âWe value {important quality A} even over {important quality B}.â
đ» Access Free Time episode transcripts on Podscribe »
đ Enjoying the show? The best way to thank us is by leaving a rating or review.
â€ïž Join Jennyâs private BFF community for Heart-Based Business owners
đ Get instant access to the Free Time Toolkit: http://itsfreetime.com/toolkit
âïž Submit a voice question or comment for future episodes: http://itsfreetime.com/ask
đ Check out full show notes and share this episode with a friend: https://itsfreetime.com/episodes/190
Learn more about your ad choices. Visit megaphone.fm/adchoices
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