A Storytelling Coach More details here: https://www.linkedin.com/in/ravishankar-iyer/
Welcome to the 89th edition of 'Story Rules on Saturday'.
This week's flagship article is a post by Sajith Pai on how to figure out what metrics you should focus on.
a. The Revenue Equation, KPIs, and Controllable Input Metrics by Sajith Pai
During my podcast conversation with Sajith, he had spoken about the importance of picking the right metric to track and optimise. In this detailed post, he expands on that topic.
This post is crucial, because often the metrics we choose to track are driven by:
Doing so could result in leaders missing critical business drivers or getting distracted by non-relevant numbers.
Instead, it would be useful to do the exercise that Sajith recommends - craft your revenue equation and break it down into its component parts till you arrive at the right 'CIMs - Controllable Input Metrics'.
From this, by digging further, Sajith opines that we can arrive at the 'Atomic Equation'
At this stage, you will be left with a lot of variables to monitor. How do you prioritise among them? Using a simple 2x2 matrix:
Among the metrics, it is important to distinguish between outcome and input metrics:
Finally, a key point Sajith makes is that for a founder, the CIM is more important than even a North Star outcome metric like revenue:
This post is required reading for anyone who presents or evaluates performance during business review meetings.
Also do read the comments below the post - there are some good questions for which Sajith has given thoughtful answers.
In the previous edition of ' Story Rules on Saturday', I had profiled an excellent episode where Srinath Raghavan was interviewed on the 1947 podcast. I was curious for more history gyaan from Srinath and came across this fascinating episode.
In a 2-hour plus conversation (short by Amit Varma standards), Srinath dives into the geopolitics of the 1971 War for Bangladesh's independence. It is a fascinating tale involving all the major geopolitical powers of the time - the US, the Soviet Union and China apart from India, Pakistan and Bangladesh. Srinath is a meticulous, talented historian and is articulate in sharing his thoughts about the period.
What stood out for me were a couple of quotes from the episode:
And this Soviet saying, which Srinath quotes:
'The Cultural Tutor' is a cool handle for history/architecture themed content.
This tweet thread is a quick overview of Indian civilisation's 5,000+ years old history.
This tweet - while an exaggeration - definitely captures the thought well. Success is very context and luck dependent - and what works for one person may not work for someone else.
Men will be men!
“What's measured improves.”
- Peter Drucker
a. The BeReal sketch by SNL (2:31)
SNL is venerated as an institution for comedy writing. You get a sense why when you watch this sketch.
A couple of bank robbers are in the midst of a heist, when an alarm pings in the phone of one of the customers lying on the floor. It's from a new disruptive social media app called BeReal. And it has a compelling message.
Hilarious!
That's it folks: my recommended reads, listens and views for the week.
Take care and stay safe.
Ravi
PS: Got this email as a forward? Get your own copy here.
Access this email on a browser or share this email on Whatsapp, LinkedIn or Twitter. You can access the archive of previous posts here.
You are getting this email as a part of the 'Story Rules on Saturday' Newsletter. To get your own copy, sign up here.
A Storytelling Coach More details here: https://www.linkedin.com/in/ravishankar-iyer/
Welcome to the sixty-first edition of '3-2-1 by Story Rules'. A newsletter recommending good examples of storytelling across: 3 tweets 2 articles, and 1 long-form content piece Let's dive in. 𝕏 3 Tweets of the week Source: X My son keeps trying to convince me to read more fiction. Maybe he should use this argument. Source: X Such a brilliant pic! Source: X Ok, this is wildly inappropriate stereotyping, but you gotta admit it's funny! 📄 2 Articles of the week a. 'It's not so terribly strange...
Welcome to the sixtieth edition of '3-2-1 by Story Rules'. A newsletter recommending good examples of storytelling across: 3 tweets 2 articles, and 1 long-form content piece Let's dive in. 𝕏 3 Tweets of the week Source: X I think everyone - not just entrepreneurs - should study philosophy. (Reid Hoffman is the founder of LinkedIn) Source: X Heartwarming example! Also great to see medical facilities in India realise the importance of better communication with patients. Source: X This is super...
Welcome to the fifty-ninth edition of '3-2-1 by Story Rules'. A newsletter recommending good examples of storytelling across: 3 tweets 2 articles, and 1 long-form content piece Let's dive in. 𝕏 3 Tweets of the week Source: X This would be a great resource for authentic data on India. Source: X I saw this statistic in the Indus Valley 2024 Report too - Indian corporates need to up their R&D spend! Source: X Don't wait for inspiration to begin writing. 📄 2 Articles of the week a. 'Selling...