Here’s some interesting text from the book I’m
reading now;
“People manage to the measures!
Sometimes they even manipulate the
measures!
A metrics scorecard acts like a car's
dashboard.
If you watch it instead of the road, you
will crash!”
Karen Phelan, I'm Sorry I Broke Your
Company: Why Management Consultants Are the Problem, Not the Solution, 2013
This book shocked me; then, I felt it to the bone. When I learned
many numbers, stat, finance at business school, my first impression is that business is not such simple that I can
measure by numbers. Of course, ROE, ROI, PBR, EPS, those are useful tools to
understand companies and it actually helped me know industries better. As long
as being accountant or analyst, that’s the world we live with. Number tells. I
know it. But I always have strange feeling with me. It told me that somehow you
turned totally wrong corner. En, now I realized that I turned wrong corner
quite long time ago. Can I go back? Yes, anytime we can go back as far as we
know it is stupid road to go. Btw, it is “Free way”, most people call it.
That’s how I started to study more numbers these days. Doesn’t make sense??
It does make sense. Haha. Once you know the limitation of numbers, you wanna go
to the edge. Let’s go to the south of the border and see what it is like; then
decide what number can(‘nt) do. It’s easy to say number messed up a company’s
goal such as critics. Thing is we are inside of a company and work for our
company struggling with dirt. You are the one who fight numbers from stupid
management. You should know your enemy better than anyone else in order to win.
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