Remove confusion-about-metrics
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Confusion About Metrics

Partners in Excellence

I recently read an article from someone I respect, “Revenue Is Not A Metric.” I went to Wikipedia to read up on performance metrics: “Developing performance metrics usually follows a process of: 1. Establishing targets against which results can be scored” As much as I can figure out, Revenue is a metric.

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The Interview….

Partners in Excellence

Can you tell me a little about the results you produced in your last role. It took about 3 months, then we got them producing really quickly. Our sales cycle was about 15 months. CEO: Hmmmm, and you’ve only been in the role for about 18 months… Dave: Yep, but I get things done quickly! Dave: About 40%!

Scale 110
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On Measuring Sales Performance

Partners in Excellence

I think we make the issue of measuring sales performance more complicated than it need be, because we confuse it with “compensating sales performance.” We can start to develop more meaningful metrics. Pipeline metrics are great examples of process measures. We get activity metrics wrong in several senses.

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Simplification…….

Partners in Excellence

Focus on what your customer cares about, not what you care about. We confuse people on priorities and focus. This causes confusion, lack of focus, and wastes time/resources. What are the metrics that reinforce the focus on the top 2 (I’m a huge fan of OKRs)? Know and commit to your “top 2.”

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My Fight With ChatGPT, Coaching ChatGPT

Partners in Excellence

I started asking the question, “What are the top 15 metrics CROs should be tracking?” ” It returned a reasonable answer, including revenue growth, pipeline value, conversion rates, CAC/CLD and other business management metrics. Ever polite, ChatGPT apologized and responded with 15 people management based metrics.

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7 Skills You’ll Need in Marketing for 2021

Sales and Marketing Management

Make sure you understand the most important metrics from their point of view. As a marketer, how can you work with other departments in your organization to create remarkable customer experiences, ones that customers love and tell other people about? . . 3: Napkin plans. Are you writing a marketing plan for 2021?

Marketing 357
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Are You Obsessing Over the Wrong Outbound Marketing Elements?

Sales and Marketing Management

Marketers obsess too much over three things when it comes to creating and perfecting outbound campaigns: early performance metrics (like opens, clicks, and replies), their story and language (instead of the customers’), and their image and ego (such as when prospects unsubscribe or show disinterest). Stay away from vanity metrics.

Outbound 177