Unknown fact to measure company success by Yakub Khan

Unknown fact to measure company success

    This is vital for any company to measure their success based upon their sales growth, sales performances, projects delivered and the targets achieved etc. But the fact companies are forgetting is what’s the key to their success is and also how they are measuring it. There are 2 sides of the coin, what matter is which side of the coin you are holding it.

    One side of the coin we saw here to say on the success rate is only sales or delivery functions. The real deep impact that most of the companies forget to measure is the number of decisions they are taking which is defined as other side of coin.

    The companies are forgetting to measure the impact of their decisions on the growth rate of the company. We do measure growth rates based upon the sales achieved and decreasing the cost factors and new inventions in the businesses, doing M&A etc.

    When the company measures the impacts of their decisions and the growth rate, for sure they will come to the conclusion that how many key decisions they should make in order to keep growing the success rate of company and also along with that success rate of each department.

    Talking about the department wise, the success rate leads to equal role of all departments that combining the success rate or growth rates of the company.  Upon that the key decisions are from the top persons of the company.

    Example of measuring the company growth vs success rate under statistical format

    Explanation

   The factors are divided into 4 scenarios based upon the Years, Time (Month), Key Decisions taken during the time, Growth rate of the company.

    Below is the graphical view

    We can clearly assume the impacts of the decisions upon growth rate of the company based upon data we have divided statistically.

     As we measured, saw the differences and impacts defining the relationship between Decisions vs Company Growth Rate vs Time factors. In the same way we can measure the success rate vs growth rate vs time for the respective departments and also to see the impacts on the business as a whole.

     The quantitative, statistical measurement of success is the key to measure hidden success for company, and also it is very vital.

Example of Steve Jobs and his decisions making capacity vs time factor is the best sample.