WEBVTT

1
00:00:04.280 --> 00:00:07.080
<v Speaker 1>Helping leaders motivate their people to a higher level of

2
00:00:07.080 --> 00:00:11.839
<v Speaker 1>performance through strong human relations, team building, and goalachieving. This

3
00:00:12.000 --> 00:00:16.480
<v Speaker 1>is the seven Minute Leadership Podcast with your host Paul Fellovledo.

4
00:00:21.160 --> 00:00:24.760
<v Speaker 2>Hello everyone, and welcome to the seven Minute Leadership Podcast.

5
00:00:24.879 --> 00:00:29.280
<v Speaker 2>It's episode three ninety six, and let's talk numbers. Not

6
00:00:29.399 --> 00:00:32.119
<v Speaker 2>the ones that look pretty in a report or the

7
00:00:32.159 --> 00:00:35.439
<v Speaker 2>ones that get passed around just to fill slides in

8
00:00:35.520 --> 00:00:38.880
<v Speaker 2>a meeting. I'm talking about the numbers that actually move

9
00:00:39.000 --> 00:00:43.280
<v Speaker 2>the needle. This episode is called Metrics that Matter What

10
00:00:43.320 --> 00:00:46.799
<v Speaker 2>you should be really tracking as a manager, because here's

11
00:00:46.920 --> 00:00:51.159
<v Speaker 2>the truth. Most managers are tracking the wrong things. They're

12
00:00:51.200 --> 00:00:55.920
<v Speaker 2>obsessed with vanity metrics, stats that sound impressive but mean

13
00:00:56.000 --> 00:01:00.000
<v Speaker 2>absolutely nothing when it comes to performance, progress or people.

14
00:01:00.679 --> 00:01:02.600
<v Speaker 2>So let me tell you what I mean in these

15
00:01:02.679 --> 00:01:08.840
<v Speaker 2>six areas. Area number one vanity metrics versus value metrics.

16
00:01:09.359 --> 00:01:13.719
<v Speaker 2>Vanity metrics are those that look good but don't drive decisions,

17
00:01:14.159 --> 00:01:18.200
<v Speaker 2>think social media likes, number of meetings held, or total

18
00:01:18.319 --> 00:01:22.000
<v Speaker 2>hours worked. Where value metrics are those that tell you

19
00:01:22.000 --> 00:01:26.319
<v Speaker 2>something actionable. They indicate what's working, what's broken, and where

20
00:01:26.319 --> 00:01:29.400
<v Speaker 2>to focus next. So if you're spending your time showing

21
00:01:29.439 --> 00:01:33.359
<v Speaker 2>off charts, that no one acts on. You're managing for optics,

22
00:01:33.560 --> 00:01:39.040
<v Speaker 2>not outcomes. Area number two, So what should you be tracking?

23
00:01:39.400 --> 00:01:42.840
<v Speaker 2>Here are the six metrics that matter in any business

24
00:01:42.920 --> 00:01:47.359
<v Speaker 2>or leadership role, regardless of history. Employee turnover rate and

25
00:01:47.439 --> 00:01:51.200
<v Speaker 2>why they leave. If your team is turbulent, you have

26
00:01:51.239 --> 00:01:55.599
<v Speaker 2>a culture or leadership issue. Exit interviews aren't a checkbox,

27
00:01:55.680 --> 00:02:01.280
<v Speaker 2>they're your roadmap for improvement. Time to resolution. How long

28
00:02:01.359 --> 00:02:03.719
<v Speaker 2>does it take your team to solve a problem or

29
00:02:03.760 --> 00:02:07.040
<v Speaker 2>close a ticket. If you lag here, it usually means

30
00:02:07.040 --> 00:02:13.199
<v Speaker 2>either poor communication, unclear roles, or broken systems. In customer

31
00:02:13.360 --> 00:02:18.280
<v Speaker 2>retention rate, if people come once and never return, your

32
00:02:18.319 --> 00:02:21.879
<v Speaker 2>service might not be the problem. Your follow up in

33
00:02:21.960 --> 00:02:27.840
<v Speaker 2>relationship building might be. In employee engagement score. This doesn't

34
00:02:27.840 --> 00:02:33.759
<v Speaker 2>mean smiley faces on a survey. Engagement is about how involved, enthusiastic,

35
00:02:33.840 --> 00:02:37.159
<v Speaker 2>and committed your people feel. The deeper the buy in,

36
00:02:37.319 --> 00:02:43.120
<v Speaker 2>the stronger the performance. In quality over quantity, are your

37
00:02:43.199 --> 00:02:46.840
<v Speaker 2>outputs making impact or are your people just spinning their

38
00:02:46.840 --> 00:02:52.039
<v Speaker 2>wheels trying to hit arbitrary numbers? Measure the success of projects,

39
00:02:52.080 --> 00:02:57.280
<v Speaker 2>not just how many you've started. In forecast accuracy. If

40
00:02:57.319 --> 00:03:01.479
<v Speaker 2>your team constantly misses project, the issue might not be

41
00:03:01.560 --> 00:03:06.159
<v Speaker 2>the market, it might be how realistic or grounded your

42
00:03:06.240 --> 00:03:11.599
<v Speaker 2>leadership expectations are Number three from the original list of

43
00:03:11.680 --> 00:03:15.840
<v Speaker 2>the areas, the dangerous trap of busy metrics. One of

44
00:03:15.840 --> 00:03:19.639
<v Speaker 2>the most misleading stats is ours worked. If you have

45
00:03:19.680 --> 00:03:23.360
<v Speaker 2>a team member logging sixty hours a week, don't automatically

46
00:03:23.439 --> 00:03:27.759
<v Speaker 2>crown them a hero. Ask why is it inefficiency, poor

47
00:03:27.840 --> 00:03:33.360
<v Speaker 2>time management, or a broken process. Busy doesn't always mean productive,

48
00:03:33.520 --> 00:03:38.000
<v Speaker 2>and in leadership at your job to distinguish motion from progress.

49
00:03:38.879 --> 00:03:43.439
<v Speaker 2>Number four track behavior, not just results. So let's go deeper.

50
00:03:43.520 --> 00:03:48.199
<v Speaker 2>Great managers track behavioral metrics, the stuff under the surface.

51
00:03:48.680 --> 00:03:52.319
<v Speaker 2>How often does feedback flow up the chain or leaders

52
00:03:52.400 --> 00:03:58.080
<v Speaker 2>following through on commitments? Is cross team collaboration improving or eroding?

53
00:03:58.719 --> 00:04:01.680
<v Speaker 2>These aren't numbers that you all find in a spreadsheet,

54
00:04:01.759 --> 00:04:04.240
<v Speaker 2>but they're the pulse of your team. And when the

55
00:04:04.240 --> 00:04:09.680
<v Speaker 2>pulse flat lines, no monthly dashboard will save you. Number five.

56
00:04:09.960 --> 00:04:13.879
<v Speaker 2>What you measure is what you multiply. Here's the leadership

57
00:04:14.000 --> 00:04:17.680
<v Speaker 2>truth bomb. People do what they're measured by. If you

58
00:04:17.800 --> 00:04:21.879
<v Speaker 2>track only speed, they'll cut corners. If you track revenue,

59
00:04:22.120 --> 00:04:26.040
<v Speaker 2>ethics might take a hit, But if you track ownership, communication,

60
00:04:26.360 --> 00:04:29.800
<v Speaker 2>and impact, you'll get more of it, So be careful

61
00:04:29.839 --> 00:04:33.040
<v Speaker 2>because what you choose to measure is what your culture

62
00:04:33.480 --> 00:04:38.240
<v Speaker 2>will mirror. Number six, Build a three part metric dashboard.

63
00:04:38.519 --> 00:04:44.120
<v Speaker 2>If you want a better system, use this model. People metrics, turnover,

64
00:04:44.199 --> 00:04:50.800
<v Speaker 2>engagement and internal trust, score and process metrics, efficiency error rates,

65
00:04:51.240 --> 00:04:56.879
<v Speaker 2>project timelines, and performance metrics. Actual outcomes tied to mission,

66
00:04:57.480 --> 00:05:02.600
<v Speaker 2>not just financials. If all three categories aren't getting equal attention,

67
00:05:03.439 --> 00:05:10.079
<v Speaker 2>you're leading on one leg. So stop measuring for applause.

68
00:05:10.199 --> 00:05:13.279
<v Speaker 2>Too many managers collect metrics just to look smart in

69
00:05:13.439 --> 00:05:18.680
<v Speaker 2>quarterly meetings. That's not leadership, that's theater. Real leaders track

70
00:05:18.879 --> 00:05:23.120
<v Speaker 2>what actually moves the team forward, the tough, gritty numbers,

71
00:05:23.199 --> 00:05:25.399
<v Speaker 2>the ones that don't always look good, but tell the

72
00:05:25.439 --> 00:05:28.560
<v Speaker 2>truth because the truth is your starting point. And if

73
00:05:28.600 --> 00:05:32.079
<v Speaker 2>you can't lead, if you're blind to where you really are,

74
00:05:32.639 --> 00:05:37.000
<v Speaker 2>you have to stop chasing applause and start chasing accuracy.

75
00:05:37.519 --> 00:05:41.279
<v Speaker 2>Trade the vanity metrics for vital simes because your team

76
00:05:41.319 --> 00:05:45.240
<v Speaker 2>doesn't need to show they need strategy. This has been

77
00:05:45.560 --> 00:05:48.720
<v Speaker 2>the seven minute Leadership podcast, and I thank you for listening.

78
00:05:48.959 --> 00:05:52.879
<v Speaker 1>For more Paul fell of Alito podcasts, visit Paulfeloalito dot

79
00:05:52.920 --> 00:05:53.319
<v Speaker 1>com
