Also refer to metrics, Total Quality Management, statistics, survey, Deming, improvement, performance, School for Champions, Kurtus Technologies, Milwaukee, Wisconsin. To improve your business, you must be able to truly verify that improvement.
Some companies have a large amount of business but yet show diminishing profits.
Others have such a great profit margin that they are pricing themselves out of business. What is needed is a good means of measurement. This lesson will explain some good ways to measure a business' performance, in order to verify improvement or to point to areas where changes must be made. There is a mini-quiz at the end of the lesson. When to measure Measuring how your business is doing should be made both before and after any improvement program.