I think these ideas are important.
Recently, Bill Gates wrote the following on the need for metrics other than "dollars spent":
http://online.wsj.com/article/SB10001424127887323539804578261780648285770.html
Harnessing steam power required many innovations, as William Rosen chronicles in the book "The Most Powerful Idea in the World." Among the most important were a new way to measure the energy output of engines and a micrometer dubbed the "Lord Chancellor" that could gauge tiny distances. Such measuring tools, Mr. Rosen writes, allowed inventors to see if their incremental design changes led to the improvements—such as higher power and less coal consumption—needed to build better engines. There's a larger lesson here: Without feedback from precise measurement, Mr. Rosen writes, invention is "doomed to be rare and erratic." With it, invention becomes "commonplace."
This may seem basic, but it is amazing how often it is not done and how hard it is to get right. Historically, foreign aid has been measured in terms of the total amount of money invested—and during the Cold War, by whether a country stayed on our side—but not by how well it performed in actually helping people. Closer to home, despite innovation in measuring teacher performance world-wide, more than 90% of educators in the U.S. still get zero feedback on how to improve.
He goes on to talk about some projects he's involved in, public health and education, which have benefited greatly from being able to measure progress.
He goes on to talk about some projects he's involved in, public health and education, which have benefited greatly from being able to measure progress.
-Max
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Hahahahaaaa!!! That is ME laughing at YOU, cruel world.
-Jordan Rixon
I could not love thee, dear, so much,
Loved I not Honour more.