Importance of quantitative measurements
Kishore C.S. (Oct 2000)
For the past one month my
two wheeler speedometer was not working. I found it difficult to assess my
vehicles performance. Suddenly I felt I was refilling petrol before it is due.
I didn’t whether my vehicle is operating at its regular efficient giving me
optimum mileage.
This is the instance I felt
that knowing quantitative results is very important for judging efficiency,
productivity and performance.
Now that I got the
speedometer repaired, I am at ease. I know at what speed I am traveling and
what distances I am covering and also will definitely know my vehicle’s
efficiency. It will help in making right decisions at whether I should reduce
my speed or increase the speed. I would also definitely know I am getting my
worth for the fuel expenditure. I would also know whether my vehicle needs any
fine tuning to ensure it is delivering its required efficiency.
It is my real experience I
am sharing and definitely this has hit a nail in my head that qualitative
measures don’t help organizations in measuring performance and they need to be
supplemented by quantitative measurements also.
Working in IT industry, I
have seen Capability Maturity Model (CMM) gaining popularity and organizations
striving to reach levels in the same. This basically necessitates organizations
to develop metrics and benchmark their performance over a period of time.
Though I have not given any serious thought, I suddenly realized necessity of
such tool. If as an individual I am unable to manage, definitely an
organization cannot hope to increase its efficiency and effectiveness unless
the quantitative measures are taken up.
It has been a good lesson I
have learned and definitely this would help in my personal management style.
- In activities I take up I should necessarily have a
quantitative goal so that I can benchmark results.
- I should have necessary tools to be able to measure the
results
- Then analyze the data and take corrective action if
there is any deviation from goal.
The above three steps would
enable me to improve continuously and adapt best practices to become ‘the
best’.