Lean Quote: What Gets Measured Gets Managed

On Fridays I will post a Lean related Quote. Throughout our lifetimes many people touch our lives and leave us with words of wisdom. These can both be a source of new learning and also a point to pause and reflect upon lessons we have learned. Within Lean active learning is an important aspect on this journey because without learning we can not improve.

"What gets measured gets managed."  — Peter Drucker

You’ve probably heard the saying, “What gets measured gets done.” It comes from the management guru Peter Drucker who actually said “What gets measured gets managed” the basic tenet is that if you’re measuring something then the probability of you acting on the information you now have is a lot higher. Regular measurement and reporting keeps you focused on what you’re trying to achieve.

At its core, Peter Drucker's quote suggests that measuring a particular aspect of a task or goal makes it more likely to be accomplished. It highlights the profound psychological impact that quantifiable metrics can have on motivation and productivity. By quantifying progress, individuals and organizations can better understand their performance, set clear objectives, and track their success.

1. Clarity in Objectives:

When you measure something, you are essentially defining what success looks like. Measuring provides a specific target and makes the path to success clearer.

2. Motivation:

The act of measuring creates a sense of accountability. Knowing that figures are being monitored compels individuals to put in extra effort to meet or surpass their goals.

3. Continuous Improvement:

Regular measurement allows for continuous feedback and improvement. By identifying strengths and weaknesses through measurement, one can adjust strategies and work towards consistent growth. In a business context, companies that continually measure and analyze their performance can adapt to market changes and stay competitive.

4. Focus on What Matters:

Drucker's quote encourages prioritization. It underscores the importance of measuring the right things. In a world full of distractions, identifying key performance indicators (KPIs) that directly impact success is essential. By concentrating on what matters most, individuals and organizations can achieve their goals efficiently.

So is that all you have to do? Measure something and it will magically happen?  Of course not. You need to be setting up the right systems to monitor your progress and this requires proper business planning, project management, and change management.

Peter Drucker's famous quote highlights the power of quantifiable metrics in driving performance and success. It stresses the significance of clarity, motivation, continuous improvement, and prioritization in achieving goals. Whether in business or personal development, measuring progress remains a powerful tool for reaching objectives and realizing one's full potential. Drucker's wisdom continues to inspire and guide individuals and organizations towards greater efficiency and success.