How do we evaluate performance?
John Marshall
President-JohnWServices LLC ^CFO ^Management Consulting/Collaboration^Strategic Planning ^Financial System Design
How do we evaluate performance?
The only game on my phone is cribbage.?I use it when I need a break as it occupies my mind without straining my brain.?Since it is a card game, you generally win or lose based upon the cards in your hand.?If the cards are lousy, you will lose.?
You can win with the right cards regardless of how poorly you play.?In other words, winning or losing is not a great measure of cribbage performance.?
However, the app has an evaluation tool after the game is finished that analyzes all potential decisions you make in the game.?I have won and found that I failed to achieve 10 points because of poor decisions using the cards in my hand.?I have also lost and the system tells me I made the best decisions possible.?
I admit that I enjoy winning more than losing.?This is in spite of the fact that I know winning is based on chance.?The best performance is to win and the evaluation finds I made all the best choices.?Honestly, if I played perfectly each game, but always lost, I would stop playing.?
Without the evaluation tool on my Cribbage app’, I would likely continue to make poor strategic decisions.?The evaluation enables me to analyze my performance and enhance it with better strategies.?I am a better Cribbage player today than I was a few months ago partially because of the experience of playing, but mostly, the evaluation tool provides suggestions for better decisions.
When I ran track in high school, I won races, but I was not the fastest.?In one race, I lost by a large margin to a runner who I knew was faster than me.?However, his pacesetting pulled me to a personal best time, and a school record. My only choice was to chase the leader, and improve my performance. I practiced and worked on strategies to improve my race results.??The goal of being the best in the State was unrealistic, so my goal was to be the best I could be with the skills I possessed.?
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Throughout my life, this has been and remains the goal:?to be the best I can be within my limitations (and to be realistic about those limitations).?In business, that became the basis for goal-setting for my company and my team: be the best we can be with the resources available, but always seeking to improve.
I wonder whether I am suffering from a long career of measuring and evaluating performance as a CFO.?Alternatively, is this normal behavior and all of us are driven to seek improvement even in our frivolous games??Please leave a comment especially if you have the same approach as me since it is reassuring that I am not alone in my quest for improvement.