Good morning to all leaders, decision-makers, and #hockey aficionados! This week’s National Hockey League (NHL) game showcased not just skill, but also the importance of quality over quantity—a principle every leader should be familiar with.
The Minnesota Wild’s achievement against the Canadiens was an outlier, and it got me thinking about business metrics. 📊
Data Dive: With publicly available data insights from the NHL, I discovered there were 8,059 power plays last season with a total of 211 shorthanded goals. Assisted by AI and ChatGPT, the rarity of such occurrences was evident. Yet, data isn’t always straightforward; nuances exist, much like in business.
Leadership Insights: Metrics are critical, especially in business leadership. Many gauge success by numbers—calls made, deals closed. But isn’t depth as crucial as breadth? A true leader discerns between mere quantity and impactful quality.
🔍 Reflection for Leaders: What metrics in your business provide a surface-level view? How can you dive deeper, ensuring every measurement offers valuable insights? Dive deeper with our latest blog posts on i4C Consulting’s Data Blog on understanding and optimizing business metrics.