Plenty of ACK. In particular, I appreciated your emphasis on the importance of balancing financial and non-financial metrics when evaluating organizational success.
However, I did want to raise a few counterpoints for consideration, if only to further the conversation. Firstly, while I understand your argument that traditional financial metrics may not always be the best indicators of an organization's true performance, I wonder if we might need to consider alternative metrics that still capture the financial health of the organization? For instance, what about using metrics such as return on investment (ROI), payback period, or discounted cash flow (DCF) analysis to assess the financial impact of strategic initiatives? These metrics could provide a more comprehensive picture of how well an organization is utilizing its resources to achieve its goals.
Additionally, while I appreciate your call for greater transparency in performance measurement, I worry that relying solely on quantitative data might overlook other important aspects of organizational performance. For example, qualitative factors like employee engagement, customer satisfaction, and social responsibility can all have significant impacts on long-term success – even if they are harder to measure precisely. How might we balance these competing demands for both quantitative and qualitative measures of performance?