Measurements Quotes
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In business, the idea of measuring what you are doing, picking the measurements that count like customer satisfaction and performance... you thrive on that.
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I think that a particle must have a separate reality independent of the measurements. That is an electron has spin, location and so forth even when it is not being measured. I like to think that the moon is there even if I am not looking at it.
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We should see better and more direct measurements of economic well being.
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A short time later, when the carpenter was taking measurements for the coffin, through the window they saw a light rain of tiny yellow flowers falling. They fell on the town all through the night in a silent storm, and they covered the roofs and blocked the doors and smothered the animals who slept outdoors. So many flowers fell from the sky that in the morning the streets were carpeted with a compact cushion and they had to clear them away with shovels and rakes so that the funeral procession could pass by.
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Our mind, by virtue of a certain finite, limited capability, is by no means capable of putting a question to Nature that permits a continuous series of answers. The observations, the individual results of measurements, are the answers of Nature to our discontinuous questioning.
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There is more to sex appeal than just measurements.
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Webb will return extremely interesting measurements of chemistry in the Martian atmosphere. And most importantly, these Mars data will be immediately available to the planetary community to enable them to plan even more detailed Mars observations with Webb in future cycles.
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When you see data, doubt [them]! When you see measurements, doubt them!
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That’s how Jonah knew. He was using the measurements in the crude form of simple questions to see if his hunch about the robots was correct: did we sell any more products (i.e., did our throughput go up?); did we lay off anybody (did our operational expense go down?); and the last, exactly what he said: did our inventories go down?
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We need financial measurements for sure—but we don’t need them for their own sake. We need them for two different reasons. One is control; knowing to what extent a company is achieving its goal of making money. The other reason is probably even more important; measurements should induce the parts to do what’s good for the organization as a whole.
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I write down the three measurements which Lou and I agreed are central to knowing if the company is making money: net profit, ROI and cash flow.
