michaelcurzi comments on [Link] The Worst-Run Big City in the U.S. - Less Wrong

28 [deleted] 02 December 2012 12:50PM

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Comment author: michaelcurzi 03 December 2012 07:04:12PM 3 points [-]

The issue is that rigorously measuring results is hard, and frequently when people try to quantify results, they screw it up and force people to spend their time gaming a dysfunctional metric instead of doing real work.

This is a problem in business as well. Marketo is able to charge companies thousands per month for tracking online advertising outcomes in companies with long, relationship-based B2B sales cycles (who might be aiming to make a few huge sales per year).

John Wanamaker: "Half the money I spend on advertising is wasted; the trouble is I don't know which half."