Do We Need to Change Metrics

Chris K Leslie

During this new time of doing business... 

How do we know the metrics we're tracking are the right metrics?
Do we need to add, change or delete some key success factors?

 

Ryan Gerardi

Talking about this right now, about 40 minutes into this conversation: https://youtu.be/RNGLhwDTWiM

Derrick Woolfson

This is a *solid* question, Chris! 

For us, instead of focusing on the same set, show, sold - we are focusing heavily on the bottom line. This pandemic has also shed more light on the fact that many of the reports we look at (as I have been arguing till blue in the face) do not paint the entire picture. 

At the end of the day, it is about the end result. How you get to the end result is entirely circumstantial. 

The other thing is that you cannot compare YOY reporting as it doesn't make sense. Instead, we are focusing on re-structuring marketing campaigns, and trying to make the most of what we are spending. 

Bart Wilson

Along with marketing metrics, how will the sales metrics evolve? 

Morgan Hardy

I think that sales compensation will have to be adjusted, at least temporarily. Adjustments will need to be made numerous times before the right metrics are set in place. 

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