Life Management Principle: What Gets Measured Gets Managed

Body: I found this blog post at had some great ideas on “What gets measured get managed” from a personal perspective. By Donald Latumahina Do you want to grow well? Life management is something you should not miss then. Good life management ensures that every aspect of your life grows as it should. Without good life management, it’s easy to leave out some aspects of your personal growth while overemphasizing the others. Take physical exercise for example. Once you stop exercising, you might be surprised to see, six months later, how much time have passed since your last exercise. Or take reading book. It’s easy to let months pass by without finishing a single book. How can we overcome this problem? How can we better manage our life? Peter Drucker gave us a great answer: What gets measured gets managed. While the statement is originally intended for companies, I believe it’s equally true for individuals. If you want to get something managed in your life, you should measure it. Why Measuring Works There are several reasons why what gets measured gets managed: 1. When you measure something, you bring your attention to it This is the first benefit you get by measuring something. How can you manage something if you don’t even pay attention to it? By measuring something you direct your attention there. 2. When you measure something, you know where you are Sometimes we don’t realize the severity of a problem we have until we see the facts. That’s why measuring something is important. It helps you see the truth of where you actually are. In personal finance, for instance, it’s easy to think that you already live wisely. Only after you see your income and expenses by numbers might you realize that you have problem. This realization in turn gives you the motivation to do something about it. 3. When you measure something, you see your progress Not only can measuring help you know where you are, it also helps you see your progress. You will see whether or not you have done the right thing and – if you do – whether or not you have done enough. Seeing how far you’ve gone also motivates you to keep moving forward. How to Measure Your Life We have seen the reasons why measuring something gets it managed. Now how should we measure our life? Here are some guidelines that I use: 1. Make it balanced If you want to have a balanced life, you should balance the aspects of life you manage. My favorite way of doing this is through the four facets of prosperity : physical, spiritual, social, and financial. Measuring each of them ensures that your life gets managed in all four areas. Of course, it may be too difficult to start on all four facets at once. In that case, you can start with just one facet and then add the others one by one as you become more comfortable with measuring your life. 2. Keep it simple Unlike companies who can afford to do complicated measurement, individuals are unlikely to stick with measurement if it’s complicated. That’s why you need to keep it as simple as possible. The simpler it is, the more likely you will stick with it in the long term. 3. Carefully choose what to measure You need to choose the right things to measure or you risk managing the wrong things. The four facets of prosperity gives you the areas of life to measure but you need to be more specific within each. For example, what kind of metrics do you think best represent your physical prosperity? Finding the right metrics is not easy and it requires experiments. Just start with something and keep refining it along the way. 4. Carefully decide how to measure If you have chosen what to measure, you should then carefully decide how to measure it. As I wrote above, the simpler it is, the more likely you will stick with it. Here are three ways to measure something in your life: a. Habit checklist Make a list of things you want to do regularly – either daily, weekly, or other intervals – and put a check when you’ve done it. Of course, you need to be specific with the kind of activity you want to do. For example, you can make a habit checklist for rising at 6 am. Whenever you achieve it, you can put a tick on your checklist. b. Time-constrained goals Make a list of goals you want to achieve in certain period of time and write whether or not you achieve it. Also write down how much you actually achieve so you can compare your progress with your goal. For example, if your goal is reading four books in a month, you can write down how many books you have actually read and compare it with your goal. c. Activity record Record your activities in certain period of time to see where you are. For example, you may record all your income and expenses so that you can see your current financial position. You can then move further by creating a budget and thereby creating time-constrained goals. 5. Keep experimenting Measuring your life is a process that needs to be refined over time. So keep experimenting. Assess the effectiveness of your measurement and improve those that can be improved. Keep finding the right things to measure and the right way to measure them. The important thing is to start measuring aspects of your life. That’s how you have good life management. Category: My Health Published: 9/16/2009 3:44 PM Attachments:

What is Cloud Computing in Plain English

Body: Cloud computing looks like the biggest change to hit IT industry in many years. The advent of cheap, scalable computing power available over the Internet will affect almost everybody who works in IT. But taking advantage of this shift requires understanding this new approach and how to exploit it.  I found this You Tube video on cloud computing to be pretty good: Category: ISI Published: 9/2/2009 4:10 PM Attachments:

Do You Need A Board Of Directors?

Body: 2009 | Jul 29 in Entrepreneurship , Business Development , Home Page News , Leadership By E-Myth Business Coach As a small business owner, you’re always prioritizing efforts and making resource decisions. You may feel like you live in your own world… wearing all the hats of the business, or “ doing it, doing it, doing it ” as we often put it. Of course, we recommend getting an E-Myth Business Coach to help guide and support your business development process, but today we’re discussing a different kind of support group – one that is perhaps underutilized in your business: your Board of Directors. Starting a board of directors and maximizing its usefulness may not be high on your list, but as your business grows, having an active board can provide significant advantages. It’s also something you may not have a choice about; every corporation is required by law to have a board of directors. You should, of course, be working with your attorney on matters such as these. But whatever the legal requirements, satisfying the laws of incorporation is only the beginning for this vastly underutilized small business resource. What Kind Of Board Is Right For Your Business? There are two basic kinds of boards: advisory or fully mandated. An advisory board does just what it says: it’s a board that provides feedback and advice, but nothing is binding. The second type, a fully mandated board has real power and accepts fiduciary responsibility for the company. The kind of board you choose depends on your needs. Go with the advisory board if you just want advice but don’t want decisions mandated by a majority. A fully mandated board is a good option if you’re ready to take a step back from ultimate decision making. Either way a board is a great way to bring in expert, trustworthy advisers to help you make the big decisions. Why You Need A Board With a board of directors, your business immediately gains legitimacy and a panel of expertise you may not otherwise have “in house”. Directors with specialized expertise such as law, finance and marketing become a valued resource providing guidance and much needed advice in critical centers of the business. Your board can help develop business plans, handle policy issues and also help focus overall business strategy. Directors monitor a company’s financial strength and the success of its product and services. Selecting board members from your business community can also bring greater awareness from the community at large. Typically, a board will focus on protecting the company’s unique values and culture — a necessity in our fast changing business environment. They’ll also assist with recruitment, bringing in new people for both the management team and other director’s seats, especially ones who can help further the company’s business objectives and secure sources of capital. A board can also help with succession planning and your overall exit strategy. The most effective boards are comprised of diverse, strong-willed people with their own viewpoints. You want board members who are fearless about offering advice, guidance, feedback or argument. An open forum for ideas and opinions is a board’s most valuable asset — don’t squander it by setting up a board with a bunch of drone-like “yes” people. Now maybe you’re thinking that your business is just a small family affair and your partners are already working in the business with you. But we would say that your business is the perfect candidate for a board. In fact, nobody needs a board more than you! Why? A board will help you set aside your tactical perspective, get outside the organizational boundaries of your day-to-day perspective and force you to work on the business! A board allows you the unique opportunity to look at the business objectively and from every angle. It forces you to work on strategy instead of tactics. It allows time to develop new ways to improve the entire business enterprise. Don’t underestimate the impact formalizing a board can have on a family or small partnership business. The Final Analysis As with all entrepreneurial decisions, it’s up to you whether to invest your energy and resources in a board of directors. There are many advantages to consider; the only real disadvantage is investing your time and resources in a structure which may not serve your current objectives. At the least, an advisory board can increase your community outreach, while a fully mandated board can give you just the expertise and legitimacy you need to grow to the next level of your business organism’s natural development. Category: ISI Published: 9/17/2009 12:59 PM

Do you BING?

Body: Of course we all Google, it has become ubiquitous, it has become its own verb. I have been telling folks who are looking for specific knowledge about a subject to “Google it”. But of course, Google has its draw backs.  With that said, I believe it’s just time before search engines get better at weeding out the “non-informative site”. BING ( ) is doing an excellent job of this.   I am committing to spend the next 30 days using only BING. I am doing this because I have found as I use it I become more and more addicted to the little things BING does. For example, put something in the search (BING) box and click on Images on the left. What you’ll notice is that there is only one page of images that will scroll seemingly forever if you pick something like Atlanta or Michael Jackson I let you know more next month about what I find. Category: Microsoft SBSC Published: 7/29/2009 11:08 AM

What is the future of technology? Want to see Microsoft’s vision?

Body: Productivity Future Vision Microsoft’s long-term productivity vision explores how we will create and share content; collaborate across teams, organizations and networks; and how we will gain contextually relevant and anticipative insights based on preferences and intent. All these scenarios are showcasing real, emerging technologies explored with various Microsoft product and research teams as well as at Microsoft partners and across the industry. Watch Video As you watch the video, think about how the technical trends we observe today can be extrapolated to create the experiences we depict in the future. When you’re done, tell us what you think, and share your ideas for what you would like to see the future hold. While the future is impossible to predict, we are constantly looking forward, analyzing trends, and gathering insights to gain a deeper understanding of how investments in computer technology can help us live more productive, fulfilling, and sustainable lives. We welcome you to join us in this journey. Category: ISI Published: 7/16/2009 8:02 AM Attachments: