The Frustration Of Not Knowing How We Are Doing

July 23, 2018 Timothy Prickett Morgan

The old adage from management guru Peter Drucker is that you can’t manage what you don’t measure, and it is something that organizations take to heart to run themselves. There is such a thing as taking this all too far, where you spend all your time measuring and managing and not enough time getting actual stuff done, and then there is not having enough information to actually manage well.

The Securities and Exchange Commission, which regulates public companies, does not, to my knowledge, have explicit guidelines as to how companies report their product and divisional categories. And thus, with each …