Career Failures: How to Handle Missing Performance Numbers
Manager ToolsJune 11, 202538 min1 views
29 connectionsΒ·40 entities in this videoβUnderstanding "Missing a Number"
- π― A "number" refers to a quantified metric of performance, such as sales quotas, quality percentages, or cost reductions.
- π‘ Even jobs without explicit numerical targets have measurable aspects like projects, deadlines, and deliverables.
- β οΈ Assuming a job is unmeasurable can be a misstep; if your boss perceives your performance differently, their view prevails.
The Importance of Numbers in Your Career
- π Delivering results is paramount in a career, more so than simply avoiding conflict with a boss.
- β Meeting quantified metrics makes it difficult for anyone to argue that you haven't achieved the expected outcomes.
- π Numbers serve as a black and white indicator of performance, leaving little room for subjective interpretation.
Strategies for Hitting Your Goals
- ποΈ To achieve yearly goals, divide the total by the time scale (e.g., monthly) and frontload the first portion to build in a buffer.
- π Continuously track progress in the smallest sensible increments (hourly, daily, weekly) rather than waiting for annual reviews.
- π Proactive planning and early execution are key to success, as "something will happen" to disrupt plans if not anticipated.
Reporting Performance and Handling Misses
- π’ You are obligated not only to do the work but also to communicate its status, especially if there's a risk of missing a deadline or target.
- β οΈ Hiding a potential miss is a "double whammy" and significantly worse than admitting you might not meet a number.
- π€ Early reporting allows for adjustments to goals or strategies with your manager, rather than facing negative consequences later.
Recovering from Career Misses
- π Early career misses often result in negative feedback or loss of bonuses, but rarely lead to termination.
- π Late career misses, especially in senior roles, carry higher consequences and can potentially lead to termination.
- πͺ Whether early or late, recovery involves communicating transparently, developing a new plan, and taking decisive action.
- π Being fired is not the end of the world; focus on updating your resume, networking, and actively interviewing to find new opportunities.
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Whatβs Discussed
Career FailuresPerformance MetricsQuantified GoalsReportingCommunicationCareer DevelopmentPerformance ManagementGoal SettingMissed DeadlinesCareer RecoveryProfessionalismJob Performance
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