As every golfer knows, you can’t improve what you don’t measure
Every golfer I know keeps score each round and can tell you several numbers about their game. These include best score ever, target score on home course and, if they are serious, their handicap. Why keep track? As a long-struggling golfer, I can tell you, it is to measure improvement and strive to be better. I recommend that construction managers and executives responsible for their fleets take a similar approach, assisted by construction equipment maintenance software like B2W Maintain. Most businesses track key numbers. In construction, these include annual revenue, gross profit margin and backlog. Refining this with additional metrics tailored to the business called key performance indicators (KPI’s) has become vogue. The intent is to create and track KPI’s that reflect significant aspects of the business, so management can improve them. Think of this as a handicap for each key business activity. Read More
